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DSIIDC earmarks Rs.268 crore for 4 new industrial estates

New Delhi, Mon, 28 Nov 2011 ANI

New Delhi, Nov.28 (ANI): The Delhi State Industrial and Infrastructure Development Corporation (DSIIDC) has earmarked Rs.268 crore for the development of four major industrial estates in the capital.he four estates are in Okhla, Patparganj, Bawana and Narela. Of these, work has been awarded in Bawana and Narela.

 

The Municipal Corporation of Delhi (MCD) and Delhi Development Authority (DDA) are expected to transfer their respective industrial estates to DSIIDC within the next few months.

 

Chetan Sanghi, CMD, DSIIDC said DSIIDC will now fully concentrate on maintaining the existing industrial estates. It is estimated that Rs.1,300 crore initial infrastructure investments will be required over the next five years.

 

To begin with, an industrial development fund has been created with Rs.74 crore as seed capital. Further, the physical and financial mapping of the industrial areas has been completed, Shri Sanghi said.

 

DSIIDC has chalked out a comprehensive plan to make Delhi an advanced industrial state as far as the non-polluting manufacturing sector is concerned.

 

Sanghi informed that the DSIIDC intends to generate a large number of employment opportunities in rural and urban areas. The rural belt in Delhi will be developed in such a way to overshadow the existing industrially and IT developed neighboring cities.

 

In order to encourage non-polluting small and medium industries in Delhi, the DSIIDC is setting up a very large multi-level manufacturing hub in North West Delhi which will be located on an area of 150 acres.

 

The estate will be developed with an estimated cost of Rs.3,100 crores at Rani Khera. The construction will start within nine months, said Sanghi.. (ANI)

 


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