CSIDC to set up new industrial area in red zone

| | Raipur
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CSIDC to set up new industrial area in red zone

Thursday, 20 April 2017 | Staff Reporter | Raipur

The Chhattisgarh State Industrial Development Corporation ltd (CSIDC) will be setting up a new industrial area at lakahnpuri at Charama tehsil in insurgency infested Kanker district of Bastar, officials informed.

The facility would be established under Integrated Infrastructure Development Centre (IIDC ) scheme.

Notably, the  Central government has approved projects worth Rs 99 crore for upgradation of key industrial infrastructure in Chhattisgarh last year.

The Centre has also approved an estimated Rs 54.81 crore for upgradation of infrastructure facilities at Urla Industrial Area and around Rs 44.60 crore for Sirgitti Industrial Area.  

Notably, the Union Ministry of Chemicals & Fertilisers has  also accorded 'in principle' approval to the proposed Plastic Park project in Rajnandgaon district of Chhattisgarh, officials stated.

The proposed Plastic Park will be established by a Special Purpose Vehicle (SPV) with Chhattisgarh State Industrial Development Corporation (CSIDC) as a partner. Around 50 units to be set up in this park, officials stated.

The Chhattisgarh government would hold a mandatory 26 per cent equity in the SPV.

Notably, the Chhattisgarh government sent a proposal to the Central government for setting up a Plastic Park on July 7, 2015.

Notably, the Chhattisgarh government in a bid to provide a major boost to industrial development is now planning to establish many more industrial areas and industrial parks in the State.

Significantly, the Industrial Growth Centre at Urla near Raipur is set to emerge as one of the key industrial zones having world-class infrastructure in the country.

 The Centre has already accorded final approval for upgradation of infrastructure at Industrial Growth Centre, Urla in Raipur district at a total project cost of Rs 54.81 crore .

 The Central government’s grant approved for the project is Rs crore, officials stated.

 The upgradation of the infrastructure is being done under Central government’s MIIUS scheme.

 As many as 11 projects in the country have been accorded final approval with central assistance of Rs 283.23 crore.

Notably, CSIDC has also identified Industrial Growth Centre at Siltara near Raipur to be developed as a ‘ Steel Cluster’ under Centre’s 'Industrial Infrastructure Upgradation Scheme' (IIUS), officials stated.

The administrative approval of Rs 54.10 crore had been received from the Central government for the scheme.

 A Special Purpose Vehicle (SPV)-- Chhattisgarh Ispat Bhumi ltd., Raipur (CIBl) has been formed under Public-Private Partnership for implementation of the project. The project would be developed by CSIDC.

The objective of the IIUS is to enhance international competitiveness of the domestic industry by providing quality infrastructure through public-private partnership approach in selected functional clusters/locations which have greater potential to become globally competitive.

The CSIDC has also created an Amenities zone in Industrial Area Siltara, Phase-I.

The construction of building is completed and the complex has shops, office spaces, ATM kiosk, restaurant etc. Allotment of spaces for shops and offices are being done. Nearly 60% of 120 spaces have been allotted so far, officials stated.

The complex is situated adjacent to NH-6 (Ring Road 1), this complex is developed on a piece of land measuring 1600 sqmt. Total built up area of the complex is an estimated 3000 sqm.

It may be recalled that the Chhattisgarh government is also mulling over plans to establish a mega industrial zone at an estimated cost of Rs 177 crore near Raipur.

The industrial zone would be spread over 1730 hectares of land, official stated.

The industrial zone would be established for setting up of steel plants, power plants, captive power plants and other core industries.The zone would also be developed by CSIDC.

With a view to accelerating industrial development in Chhattisgarh, the State government will be setting up an Engineering Park in every district in a sequential manner,  Chief Minister Raman Singh had stated in November last year.

Dedicating a newly-developed Engineering Park in Hathkhoj industrial area situated near the Steel City Bhilai , Singh said Bhilai is famous across the country and abroad as ‘mini India’ and the newly set up Engineering Park is going to play a remarkable role in boosting-up industrial development .He said that numerous industrial projects are to be established in the Engineering Park which is going to open employment opportunities for local populace.

Aiming to create employment opportunities for people here, the State government is making several efforts for industrial development which resulted in building of an optimistic environment for investment in sectors like Information Technology, electronic equipment, solar energy and Agri-based industries.

Meanwhile, the Chief Minister had also conferred registration certificates to industrialists who completed formalities required for setting up projects in the Engineering Park.

Notably, the Engineering Park is spread in a sprawling area of around 121 hectares is developed by Chhattisgarh State Industrial Development Corporation (CSIDC) with an expenditure of around Rs 49.78 crore.

As many as 215 industrial plots of varying sizes have been developed here in the Park for establishment of small and medium scale industries.

 Industries involved in business of producing engineering products, equipment, auto components, casting and forging could be established.

The Engineering Park is going to witness the investment of around Rs 2000 crore and expected to generate employment opportunity for about 5000 people.

 “Besides, technical development of Engineering units, establishment of the Park will result in development of the region. The companies engaged in production of engineering products are going to set up projects   and possibilities for development of other sectors, including defense, electronics and automotive industries would also grow,” Singh said.

 The Chhattisgarh government has finally completed the development of ‘Iron and Steel Cluster’ near Raipur at an estimated cost of Rs 54.86 crores.

The cluster project was approved by the Central government on March 4, 2005 during the 10th plan period. The Central government had released grant of  Rs 30.79 crores for development of the cluster, according to the available Central Government data.

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