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Business Standard Columnists
Govt nod to upgrade 19 industrial clusters
Our Corporate Bureau / New Delhi January, 24 2004
The government gave an in-principle approval to upgrade 19 industrial clusters in Tamil Nadu, Andhra Pradesh, Gujarat, Maharashtra, Orissa, Punjab, Rajasthan, Uttar Pradesh, Mizoram, Haryana, Assam, Jammu and Kashmir, Madhya Pradesh and West Bengal.
 
The scheme, to be implemented through a special purpose vehicle, is aimed at enhancing the competitiveness of domestic industry through increased productivity, lower cost of production and better product quality.
 
The government has already provided for Rs 675 crore for the upgradation programme under the Tenth Plan.
 
Under the scheme, central assistance up to 75 per cent of the project cost will be provided with a ceiling of Rs 50 crore per cluster.
 
The remaining 25 per cent had to be met by the user-industry and other stakeholders, an official announcement said.
 
The scheme will help in creating common facilities like transport, roads, water, power, gas supply, effluent treatment and solid waste disposal in addition to basic infrastructure.
 
It will also support product design, information and communication technology, marketing infrastructure and initially 30 industrial clusters are to be taken for development in the Tenth Plan.

 
 
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