W Bengal govt allots land for investment over Rs 1,000 cr

Image
Press Trust of India Kolkata
Last Updated : May 26 2015 | 10:22 PM IST
The West Bengal Cabinet today cleared land to a number of investors ensuring an investment of Rs 1,004.25 crore with direct employment opportunities to 1,539 people in the state.
Announcing this after the state cabinet meeting here, state finance and industry minister Amit Mitra said all these land have been allotted to the investors within various industrial parks controlled by the WBIDC.
Altogether 14 units would come up over 97 acres of land under five industrial parks, he said.
Mitra said CPF (India) Pvt Ltd and Prasad Seeds Pvt Ltd would set up their units under Vidyasagar Industrial Park at Kharagpur with an investment of Rs 550 crore and Rs 15 crore respectively.
Emami Cement Ltd would set up its Rs 418 crore unit at the Panagarh Industrial Park in Burdwan district, while Essar Oil Ltd under the same Park, also got its required land cleared for laying its proposed pipeline, he said.
Similarly, seven units would come up under the Gems and Jewellery Park at Ankurhati (Domjur) following allotment of land to the investors.
Besides, two units would come up at Paridhan - the Garment Park, while another unit would come up at the Zari Hub at Sankrail in Howrah district, the minister added.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: May 26 2015 | 10:22 PM IST

Next Story