HSIIDC to acquire 679 acre more for Bawal

Written by Preeti Parashar | Chandigarh | Updated: Jan 7 2011, 07:33am hrs
Growth centre Bawal, being developed by the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC), is attracting industry bigwigs with names like YKK, Kansai Nerolac, Mushashi Auto, Mitsui Kinjoku, POSS Delhi Steel Processing Centre, Bector Dikinson, REI Agro, Indo Japan Lighting, Caparo Maruti etc already having set up units there.

It will soon play host to Harley Davidson's second unit outside the US (other unit in Brazil) for its high-end touring bike. As per estimates, out of the total investment potential of Rs 5,000-crore over a period of time, around Rs 2,000 crore has already been invested by various companies in the growth centre. Providing opportunity to more companies, HSIIDC is soon going to acquire about 679 acres of land for the development of its fourth phase.

A senior HSIIDC official said, Located at NH-8, about 70 km from Delhi-Gurgaon border, the growth centre falls within the periphery of the Delhi-Mumbai Industrial Corridor, hence becoming a preferred destination for the manufacturing industry. The centre promises a total employment potential of 35,000 including skilled and unskilled workers. Approximately 15,000 persons are already employed there.

The official further informed that many industry biggies are in process of setting up their manufacturing units at the centre. Jain Solar Energy plans to invest a sum of around Rs 1,700 crore to set up a solar photovoltaic cell manufacturing project. Nippon Paints also plans to invest close to Rs 162 crore for paint manufacturing unit over a 20 acre plot. Not to left behind, Caparo Power is firming up plans to establish a gas based 24-MV power project with technical collaboration from Wartsila Diesel. Harley Davidson is putting up its second unit outside US in Bawal for its high-end touring bike.

A sum of Rs 60 crore is being invested by Mccoy Suddal for manufacturing of sealants adhesive and foams. EEL India, a subsidiary of Italy's FL Smidth, is putting up a project for manufacturing of Hi tech machines for cement and its allied industries on a 30 acre plot. Apart from this famous garment brands like Liliput Kidswear and Satyapaul are also keen on setting up ready-made garments manufacturing units in Bawal, said the official.

Development of Phase-I of the growth centre started in 1995 with an area of 1,200 acres. Around 1,000 acres was acquired for Phase-II which was developed in 2006-07. At present, the total area under the growth centre Bawal is 3,374 acres (including Phase-III and IV which is under planning and development). There is also a provision for inland container depot for which site has already been allotted. The official informed that other major companies which will soon commence production include Epcos, Rico Auto, Munjal Auto, Sandhar, Minda industries, Jay Auto, Nirvana Biosys, Pearl Global, UCAL Fuel System, RK Wind and Bajaj Motors.