Friday, November 30, 2012

Green signal for two new rapid rail transit links Delhi-Bahadurgarh-Rohtak-Hisar,


Green signal for two new rapid rail transit links Delhi-Bahadurgarh-Rohtak-Hisar,
Fri Nov 30 2012, 03:00 hrs
New Delhi : NCR Kamal Nath announces Delhi-Bahadurgarh-Rohtak-Hisar,
Urban Development Minister Kamal Nath on Thursday announced that two new regional rapid transit system (RRTS) corridors — Delhi-Bahadurgarh-Rohtak-Hisar and Delhi-Shahdara-Baraut — will be built to improve connectivity between Delhi and states such as Haryana and UP.
“We have approved two rail corridors, Delhi-Rohtak up to Hisar and Delhi-Shahdara-Baraut,” Kamal Nath said after a meeting on the RRTS for the NCR. These corridors will be taken up in addition to the proposed Delhi-Gurgaon-Alwar, Delhi-Sonepat-Panipat and Delhi-Ghaziabad-Meerut links.
Haryana Chief Minister Bhupinder Singh Hooda said: “While the north, south and east sides of Delhi have been taken up in the first phase of RRTS, the west side, which extends up to Hisar-Rohtak, had been left out. We urged the Urban Development Minister to consider taking up another corridor, extending it till Hisar as it is a counter-magnet town and will serve the purpose of NCR planning.’’
Stressing on the need to develop such corridors, Kamal Nath said: “The population of Delhi is increasing and there was consensus that means of transport have to be developed from the small towns to Delhi. This meeting on RRTS was called to fast-track these projects.’’
According to Urban Development Ministry officials, such corridors will help create economic opportunities and provide a fast mode of travel for people coming from UP, Haryana to work in Delhi and vice-versa.
While the feasibility study for three corridors — Delhi-Panipat (111 km), Delhi-Alwar corridor (180 km) and Delhi-Meerut (90 km) — has been completed, a detailed project report will now be prepared for them. The budget for the three corridors will be around Rs 72,000 crore, officials said.
“Reports are being prepared and we believe that work on these three corridors is likely to start in another two years,’’ Kamal Nath said. These high-speed trains will run at a speed of 160 km per hour.

Friday, November 23, 2012

Bahadurgarh Industrial Estate expansion to create business opportunities worth Rs 3,000 crore



Bahadurgarh Industrial Estate expansion to create business opportunities worth Rs 3,000 crore
Nov 22, 2012, http://articles.economictimes.indiatimes.com/images/pixel.gif
http://articles.economictimes.indiatimes.com/images/pixel.gif
BAHADURGARH: Bahadurgarh Inc is expecting a boom in the industrial sector on account of the development of new sectors in the industrial estate by the Haryana State Industries and Infrastructure Development Corporation (HSIIDC).
With 121 operational units and another 387 units to become operational by mid 2013, HSIIDC is expected to create business opportunities worth Rs 3,000 crore annually and jobs for nearly 75,000 people in the local economy. The industrial estate is spread in 555 acres of land, which is expected to give home to around 600 units.http://articles.economictimes.indiatimes.com/images/pixel.gif
There are 121 units, which are operating in the Bahadurgarh Industrial Estate developed by the HSIIDC and 235 more units would become operational in Sector 17 by January 2013, while 152 units would become operational by July 2013," said Gulshan Kumar, DGM, HSIIDC, Industrial Estate, Bahadurgarh. He said that Sector 17 is completely devoted to the footwear park, while sector 16 will have general industries.
REVENUE GENERATION
Talking about the investment, the HSIIDC official said, "The total cost of land and infrastructure development is estimated at Rs 100 crore. Apart from this, an investment of Rs 1,008 crore is expected from the industrialists for setting up their plants and required machinery in the region."
Subhash Jagga, general secretary of the Bahadurgarh Footwear Park and member of the Bahadurgarh Chamber of Commerce and Industry said, "On an average, one unit in the region would generate around Rs 5 crore per annum business. Hence, the estate is expected to add nearly Rs 3,000 crore in the industrial revenue generation of the city." However, Jagga reminded that the figures would be a reality only when the 132 KVA power sub-station becomes operational in the Bahadurgarh Industrial Estate.
LAND MANAGEMENT
The entire estate is spread in around 555 acres of land, where size of plots range from 450 square metres to 4 acres in Sector 16. In Sector 17, plots range from 450 sq m to 2.5 acres,"said Jitender Singh, AGM, HSIIDC, Bahadurgarh.
According to Singh, the major allottees in the industrial estate are Relaxo Footwear, Welcome Footwear, Diamond Footwear, Sumanglam Impex, Rinder India, Shri Bankey Bihari Embroidery, Ambika Forging, Hemstich India, Prudent Metal etc. The HSIIDC officer further added, "The industrial estate would generate around 28,000 direct job opportunities in the region."
When you count job creations, you need to count the indirect job creations as well, pointed out Subhash Jagga of Bahadurgarh Chamber of Commerce and Industry. "The units here in Bahadurgarh create around 1.5 to two times of their direct jobs. Therefore, net job opportunities being created by the Bahadurgarh Industrial Estate would be around 70,000 to 75,000," said Jagga.
 FURTHER EXPANSION
In view of the overwhelming response from the entrepreneurs, the HSIIDC has further acquired about 177 acres of land for the Industrial Estate in Sector 4B, Bahadurgarh. Total 46 plots have been carved out in this new sector, whereas 25 acres of land has been allotted to Yokohama India Private Limited," said Jitender Singh of HSIIDC. Singh further added, "Yokohama is a prestigious project for us as it involves investment of around Rs 965 crore and job opportunities for nearly 900 people."
Other big units in Sector 4B are Neolite, ZKW Lightings, Adlec Systems etc. Total project cost at Sector 4B for providing infrastructural facilities including a water treatment plant (WTP) and disposal of storm water drainage is Rs 85 crore," said Jitender Singh. He said that around 65 percent of the developmental work would be completed by March 2013