Mahavir Spinning, Dabur plan new units
Shimla: Baddi-Barotiwala-Nalagarh rechristened as BBN is to have another phrama company join the hub as Alchem has come up with an Rs 35 crore investment plan in the industrial belt.
Speaking about the proposals awaiting approval of the high powered single window clearance authority, JS Rana director industries disclosed that along with the Alchem proposal, decision upon expansion and new project proposals worth Rs 700 crore would taken at the next meeting scheduled for next week.
While Mahvir Spinning has planned a second fabric unit at Baddi involving an investment of Rs 188 Cr, Dabur intends to invest another Rs 189 Cr for a new unit also at Baddi, said the officer.
In all 29 proposals would be taken up at the next high level meeting that would be chaired by chief minister Prem Kumar Dhumal, he added. Of the 29, seven are expansion project and the others are new industry coming to the state, he said.
Zee Labs, a pharma company has proposed a Rs 13 Cr new unit at Nalagrah, Kerry Ingredients has drawn up plans for a Rs 23 Cr unit at Nalagarh to manufacture bread and bread crumbs.
Pidlite, manufacturer of adhesives and industrial chemicals has a new unit lined up for Kala Amb involving an investment of Rs 24 Cr and Pretika Autocast has proposed a Rs 58.72 cr manufacturing facility for autocasts with 53,000 ton capacity at Una, said the industries director.
Notwithstanding the project proposals awaiting the government nod, there has been a visible slowdown in industrial investments after withdrawal of excise holiday for the hill in March 2010.
Meanwhile for not having set up industrial units within the stipulated industrial package time that lasted from April, 2003 to March, 2010, the government has cancelled 105 plots that were allotted to entrepreneurs.
Highest number of industrial plots cancelled was 29 in Kangra district, followed by 25 in Solan, 19 in Una, 14 in Mandi, 12 in Shimla and 5 in Sirmaur district. Money deposited by the industrialists for these plots stands forfeited, said a spokesman of the industry department.
As Editor, Ravinder Makhaik leads the team of media professionals at Hill Post.
In a career spanning over two decades through all formats of journalism in Electronic, Print and Online Media, he brings with him enough experience to steer this platform. He lives in Shimla.
