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,

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.

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