The proposed diamond polishing unit would take up about 1,000 sq. ft. and entail investment of about Rs 23 crore.
The AIADA's plot clearance committee and land allotment committee cleared the proposals received from 104 businesses envisaging total investment of Rs 1,942 crore in the industrial belt of Adityapur.
The projects were expected to create employment over 2,000 people. The AIADA land allotment committee was able to provide plots for 44 projects out of 104 cleared projects.
The remaining projects would get plots after more land was added to the Adityapur industrial area.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app