Rs110-cr 'Integrated Textile Park' to come up near Raipur

| | Raipur
  • 0

Rs110-cr 'Integrated Textile Park' to come up near Raipur

Thursday, 12 March 2015 | Staff Reporter | Raipur

The Chhattisgarh State lndustrial Development Corporation (CSIDC) in order to boost investment in textile manufacturing sector in the State has proposed to develop an Integrated Textile Park at Tilda near Raipur on 32 hectares of land. The CSIDC is intending to develop the park as per scheme of Integrated Textile Park under Ministry of Textiles, Government of India, officials stated.

The Central Government support under the Scheme by way of Grant of Equity will be limited to 40% of the project cost subject to a ceiling of `40 crore for parks. The Expressions of Interest (EOI) have been invited for being a part of Special Purpose Vehicle (SpV) alongwith CSIDC. The CSIDC has invited Entities, Joint Ventures, and Consortiums having experience in textile manufacturing or intending to venture in to textile manufacturing sector.

The Organisations will become part of the SpV formed by CSlDC specifically for the development, operation and management of lntegrated Textile Park. Further, each SpV member should set up a unit in the proposed Textile park, officials stated.Interested entities/joint ventures/consortiums have been requested By CSIDC to submit EOI by April 30.

Tentative cost of the project is estimated at `110 crore, including the cost of land. CSIDC is interested to formulate the development model and qualification criteria after taking views of the interested bidders.

Notably, while simplifying the land allocation process for setting up industrial units in the State, the Chhattisgarh State Industrial Development Corporation (CSIDC) has facilitated online submissions of the applications through its website and the State Government portal.

CSIDC officials stated that applications for allocations of land will be accepted online only and applications on paper will not be entertained in its office.

The applications for allocation of land in industrial areas or outside will be also accepted through its website and the State portal only.

Earlier, the applications were accepted in CSIDC's office and the after completing the process, land was being allocated.

As per the policy of State Government, for making business easy for the people in the State, online application submission has been started. The system of taking application in all offices of CSIDC has been ended with immediate effect, the officials informed.

The applications submitted in person in the CSIDC office after February 28 will now not be processed further. After beginning of online process, any person sitting in any part of the State will now be able to apply, which will help in saving time of businessmen seeking land for starting their enterprise, they said.

For more information about the process, interested persons can log on to www.csidc.in or can contact on 0771-6002071. The new State industrial policy 2014-19 has is also available on the website.Notably on January 13 this year, the Chhattisgarh Cabinet endorsed the State’s ‘New Industrial Policy 2014-19’. The approval to the policy was accorded in a meeting chaired by Chief Minister Raman Singh at the Mantralaya.

After the meeting, the Chief Minister provided detailed information about the Cabinet decisions. He said that the policy includes the provision of subsidy worth `5 crore for establishing an Industrial Park in the private sector. Provision of establishing ‘land Bank’ over 10,000 hectares for various industries has also been included in the policy, Singh stated.

Moreover, to promote bicycle manufacturing, pharmaceuticals, electronic products, textile industries etc, these industries will be included as 'Priority' in the new industrial policy. The prescribed limit for mega project will be reduced for these industries, so that they may get benefits of mega-project on lesser investment, he said.

Under the new industrial policy, the Chief Minister Cluster Development Scheme will be initiated, under which the State Government will provide `50 lakh as subsidy. Singh said that on the lines of ‘Make in India’ concept, the State Government will implement ‘Make in Chhattisgarh’ policy under which manufacturing units of the related industries will be promoted with priority.

The domiciles of Chhattisgarh will be encouraged to set up their own enterprises and they will also be provided better employment opportunities, he said. Capital investment in the State will be promoted by making industry competitive in comparison to other States. Weaker sections of society such as Scheduled Caste, Scheduled Tribe, Disabled, Retired personnel, women and Naxal-affected families will be given preference under the policy. The mineral, forest and other resources available in the State will be naturally conserved, Singh said.

For skill improvement of permanent residents of the State, participation of industries will be ensured, he said. In the meeting, the Cabinet has decided to declare city route- District Raipur to Abhanpur, Rajim, Mandir Hasaud and Aarang to Naya Raipur till Mantralaya and District Headquarters- Dhamtari, Kabeerdham, Jashpur, Kanker, Gariaband, Balod, to nearby cities and towns of Mahasamund as adjacent routes for city bus services.

Moreover, Chhattisgarh Chief Minister Raman Singh on February 3 this year while addressing the delegates on the concluding day of the two-day ‘Vision Summit- 2015’ organised by the India Electronics and Semi-Conductors' Association (IESA) in Bengaluru, Karnataka said that there are immense possibilities for investment in the Electronics and Information Technology sectors in the State.

He said that Chhattisgarh State had unveiled new policy on Electronics, IT and ITeS last week. There are several attractive features in the new policy for the potential investors. Singh said that the Central Government has accepted and approved the proposal to develop Electronic Manufacturing Park on 70 acres of land at Naya Raipur.

Several electronics manufacturing units like medical electronic equipment, home theatre, mobile phones, CCTV cameras, Television sets and set-top box and computer spare parts,can be established in the Park, he said. There is a scope for `500 cr investment in the sector, he said.

Singh said that after developing core sectors like aluminium, cement, steel and power sectors the State Government is keen on developing non-core sectors. The State in  a short span of 14 years made spectacular strides in all sectors. The work culture and industrial atmosphere is healthy in Chhattisgarh.

There was a need to amend Industrial policy and Information Technology policies, which we have done taking several inputs into consideration, Singh said. 'Eco-system' is being built for the conducive development of IT Single window will be developed soon, he said.

Singh said that importance is being given to Information Technology, organic farming, solar energy and automobile industry. The entire landscape from Bastar to Surguja is covered with forest area. About `3,000 crore small forest produce business takes place in the State. The New Industrial Policy 2014-19 was passed recently by the Cabinet, the Chief Minister said.

Singh said in the new policy focus was laid on  IT Developer, IT unit, Electronic producer, data centre. There are many proposals to encourage the potential investors. He added that Chhattisgarh is the first State to have 24 hour power  supply to all the citizens.

Incidentally, Chhattisgarh has received maximum proposals in the country for setting up industrial projects says the latest Industrial Entrepreneurs Memorandum (IEM) list released by the Department of Industrial Policy and Promotion (DIPP) Government of India, officials stated. The State has received investment proposals to the tune of `1,61, 836 crore, which is way ahead of its follower Maharashtra, officials said.

Chief Minister Raman Singh credited the achievement to the conducive industrial environment and developing people of the State and said that he anticipates that these proposals will convert into real investments. This will take the industrial growth rate much higher than other States, he said.

The officials said that according to the IEM list released in September 2014, as many as 24 big investors have filed IEMs for setting industries in Chhattisgarh with an investment proposal of `1,61,836 crore. For an investment of more than `5 crore, the IEM is filed with the DIPP. Of the total proposals filed with DIPP about 45 per cent investment proposals are for Chhattisgarh.

The proposals include Salasar Steel and Power, Vaibhav Energy, GVS Industries, DB Power, Adani Mining Private limited, Real Ispat and Power limited, Hind Multiservices Private limited, Nova Iron and Steel limited, BEC Fertilizers, Vedanta Washery and logistic Solutions Private limited, Ecorex Buildtech Private limited, Adani Synergy limited, Adani Enterprises limited, Keshav Energy, BEC Foods, Ananta Power Projects Private limited, Goyal Energy and Steel Private limited, Shyam Indus Power Solutions Private limited.

The proposals are mainly for setting up iron and steel, power, solar power, mining, food products, food processing etc industries in the State.

This investment proposal proves that the environment is favourable for industrial investment in the State. In addition to this the new investment policies for agriculture, food processing policy and solar policy has been successful in attracting the investment proposals, officials said.

A Global Investors Meet is also proposed in the State to attract investments in non-core sectors and an Electronic Manufacturing Cluster is coming up in Naya Raipur and a Mega Food Park in Dhamtari district. Work is underway for Engineering Park in Bhilai for setting up engineering equipment industries, officials added.

The Electronic Manufacturing Cluster will be established by Chhattisgarh State Industrial Development Corporation ltd  (CSIDCl) during the next three years. The CSIDCl had sent a proposal to the Central Government regarding development of ‘Electronic Manufacturing Cluster’ over 70 acres of land in Naya Raipur.

The estimated cost of the ‘Electronic Manufacturing Cluster’ is `105 crore where the Central Government will contribute `50 crore for the project while remaining expenses will be borne by State Government itself. Development of the 'Electronic Manufacturing Cluster' will open gates for investment of `500 crore in 50 industries and will create employment opportunities for about 1,000 people. It is a major achievement in the direction of establishing pollution-free industries of Non-core sector in Naya Raipur, officials stated.

State Editions

Gun violence in Capital: One dead, another injured

10 November 2024 | Staff Reporter | Delhi

Man stabs mother over disagreement on emigration

10 November 2024 | Staff Reporter | Delhi

10,000 volunteers reinstated in Delhi to fight against pollution

10 November 2024 | Staff Reporter | Delhi

LG administers oath of office to new NDMC team

10 November 2024 | Staff Reporter | Delhi

DDA issues SoP for upgrading schools

10 November 2024 | Staff Reporter | Delhi

Sunday Edition

The Tuning Fork | The indebted life

10 November 2024 | C V Srikanth | Agenda

A comic journey | From Nostalgia to a Bright New Future

10 November 2024 | Supriya Ghaytadak | Agenda

A Taste of China, Painted in Red

10 November 2024 | SAKSHI PRIYA | Agenda

Cranberry Coffee and Beyond

10 November 2024 | Gyaneshwar Dayal | Agenda

The Timeless Allure of Delhi Bazaars

10 November 2024 | Kanishka srivastava | Agenda

A Soulful Sojourn in Puri and Konark

10 November 2024 | VISHESH SHUKLA | Agenda