Cigarette and consumer goods major, ITC is among nearly 24 companies which are seeking land in the key industrial estate of Haridwar in Uttarakhand for the expansion and setting up of new shops.
The State Infrastructure and Industrial development Corporation of Uttarakhand Limited (Sidcul) in October had invited application for the remaining industrial plots in the key industrial estates of Haridwar, Pantnagar, Selaquie and Kotdwar.
Official sources told Business Standard the state government nodal agency for industrial development, Sidcul did not receive any proposals for the Pantnagar industrial estate this time. “Most of these proposals are for the Haridwar industrial estate which we have sent to the empowered committee for a final decision,” said a government official.
ITC, which is expanding its Haridwar facility, is seeking nearly two acres of land. The company has already got six to eight acres of land in August-Sepetmber for the expansion purpose. Besides ITC, SBL, a homeopathy company, is also seeking land in Haridwar. “We have received nearly 25-26 proposals from various companies mainly for Haridwar only,” said the official. The last date for inviting these applications was October 25.
The empowered committee is headed by state industries minister Bansidhar Bhagat. Sidcul is hoping an investment of Rs 100 crore to Rs 125 crore would come to Uttarakhand through these proposals. Most of these industrial plots are small ones ranging between 1,000 sq metre and 2,000 sq metre. ITC is the only company which is seeking a bigger plot close to its existing unit.
According to an official estimate, 17-18 acres of land is still vacant in the Haridwar industrial estate where the price of land is Rs 3,800 per sq metre. On the other hand, a big chunk of land is also available in Pantnagar where companies are displaying no interest.
BS
The State Infrastructure and Industrial development Corporation of Uttarakhand Limited (Sidcul) in October had invited application for the remaining industrial plots in the key industrial estates of Haridwar, Pantnagar, Selaquie and Kotdwar.
Official sources told Business Standard the state government nodal agency for industrial development, Sidcul did not receive any proposals for the Pantnagar industrial estate this time. “Most of these proposals are for the Haridwar industrial estate which we have sent to the empowered committee for a final decision,” said a government official.
ITC, which is expanding its Haridwar facility, is seeking nearly two acres of land. The company has already got six to eight acres of land in August-Sepetmber for the expansion purpose. Besides ITC, SBL, a homeopathy company, is also seeking land in Haridwar. “We have received nearly 25-26 proposals from various companies mainly for Haridwar only,” said the official. The last date for inviting these applications was October 25.
The empowered committee is headed by state industries minister Bansidhar Bhagat. Sidcul is hoping an investment of Rs 100 crore to Rs 125 crore would come to Uttarakhand through these proposals. Most of these industrial plots are small ones ranging between 1,000 sq metre and 2,000 sq metre. ITC is the only company which is seeking a bigger plot close to its existing unit.
According to an official estimate, 17-18 acres of land is still vacant in the Haridwar industrial estate where the price of land is Rs 3,800 per sq metre. On the other hand, a big chunk of land is also available in Pantnagar where companies are displaying no interest.
BS
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