HSIIDC plans logistic park along Mumbai corridor

Written by fe Bureaus | Chandigarh | Updated: Aug 27 2009, 05:16am hrs
Haryana state industrial and infrastructure development corporation (HSIIDC) has signed a memorandum of understanding (MoU) with Dedicated Freight Corridor Corporation of India Limited (DFCCIL) for setting up a multi-logistic park along the Delhi-Mumbai industrial corridor.

The endeavour will provide logistics support to various companies investing in the state. A part of the four early-bird projects being proposed by HSIIDC, the multi-logistic park will come up over 2,000 acre in Rewari.

"The land has been selected and various studies, including location selection, techno-economic feasibility, business model study, etc, would be conducted next. The project would be developed jointly by DFCCIL and HSIIDC through a special purpose vehicle, whereby both parties would hold 50% equity," a senior HSIIDC official informed FE.

The Delhi-Mumbai industrial corridor is being established by the Indian government with Japanese collaboration.

The other projects include a regional mass rapid transport service (MRTS) between Delhi-Manesar-Bawal with a feeder service to enhance connectivity between Delhi and the upcoming manufacturing hubs; a joint-venture project around Dharuhera and two rail links from Faridabad to Gurgaon and Jhajjar to Farrukhnagar.

DFCCIL has appointed IL&FS Infrastructure Development Corporation as consultant for undertaking the traffic estimation study for the proposed park.

A consortium led by Jurong consultants, comprising KPMG, is also conducting a pre-feasibility study for the project. Japanese giant Mitsui & Company India Pvt Ltd has already signed an MoU with HSIIDC in December 2008 to set up an integrated Japanese industrial, transportation and logistic park in Haryana.

"With a multi-logistic park in Rewari, Mitsui can consider the site for developing its own logistic park as well. The main components of the project would include transportation and logistic infrastructure, industry and manufacturing support for targeting high-end manufacturing, information and services, training facilities, utilities like power generation, energy conservation technologies, etc," said the official.

HSIIDC has also signed an MoU with IL&FS Cluster Development Initiative Ltd, a subsidiary of IL&FS, for undertaking skill development programme for those whose land has been acquired for various projects. This will ensure alternate employment for the oustees.