Monday, April 4, 2011

IIM is coming to Kashipur

the Uttarakhand government is planning to set up an Indian Institute of Management (IIM) in Kumaon region of the hill state.

For this purpose, the government has identified two sites — Escort Farms in the industrial town of Kashipur and Pant Nagar agriculture university. In both the places, vast land is available for a possible IIM, which requires 200 acres.

A central team from the Union Ministry of Human Resource and Development (HRD) has already surveyed the two places and would take a final decision shortly.

Before the concept of an IIM at Escort Farms, spread over 530 acres of land came into picture, the State Infrastructure and Industrial Development Corporation of Uttarakhand Limited (Sidcul) had plans to develop a new industrial estate there.

Even if the 200 acres of land is given for the IIM purpose, a top official here said an industrial estate still could be developed on the rest of the land side by side. According to an estimate prepared by Sidcul, the land cost at the proposed Kashipur estate is likely to be 40 to 50 per cent cheaper than the other industrial areas in Uttarakhand.

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