You are here: Home » Companies » News
Business Standard

HSIIDC allots industrial plots

BS Reporter  |  New Delhi/ Panchkula 

A high-level plot allotment committee cleared the allotment of industrial plots to 19 units in various industrial estates developed by the Haryana Infrastructure and Industrial Development Corporation (HSIIDC). The committee has been constituted by the Haryana government to consider projects involving capital investment of Rs 30 crore and those with FDI component.

Managing Director informed that the allotments had been made for projects in diverse fields of brake parts (back plate & anti-noise shims), tooth brushes, stainless steel products, machine and machine parts including machine assembling, overhauling, moulds and tools, extruder food products and dehydration of vegetables, fruit, retort food, and ketchup, cold rolled stainless steel coils, dispensers and compressors, seed processing plant cum storage facility, footwear, food processing units etc. A total of 49.16 acres of land had been allotted for industrial plots in industrial estates at Kundli, Rai, Growth Centre Bawal, Bahadurgarh, Karnal, IMT Manesar and Gurgaon for these projects, he added.

Arora further said the total investment involved in setting up these projects would be Rs 1,100 crore and when implemented, these projects would provide direct employment to more than 6,000 persons.

A number of have been allotted industrial plots for food processing units in different industrial estates developed by the Corporation. Prominent amongst these are: Nestle R & D Centre India Pvt Ltd in Industrial Model Township (IMT) Manesar for setting up a Research & Development Centre for food & Beverages in India with an investment of Rs 149.63 crore. Nestle R&D Centre India Private Limited, wholly-owned subsidiary of Nestle SA of Switzerland, which is world’s leading nutrition, health & wellness multinational company with an annual turnover of Swiss France 110 billion. Nestle SA has tied up with Specialty Foods India Private Limited for setting up R&D Centre, has been engaged in the business of health care nutrition with a turnover of more than Rs 3,000 crore for the period ending December 2008.

The company has now sold its existing business and shall focus on research & development. The proposed R&D facilities to be created at IMT Manesar will facilitate development of competencies in Indian traditional raw materials like; turmeric, fenugreek, ginger, Indian mint, etc. The project is likely to be operational by the year 2012. Shree Bankey Behari Exports Pvt Ltd in Industrial Estate Rai for setting up of food processing unit with a capital cost of Rs 120 crore ; Kayem Food Inds. Pvt. Ltd. in Food Park, Rai (Phase-II) for setting up a unit for the manufacturing of extruder food products and dehydration of vegetables, fruit, retort food, and ketchup with a capital cost of Rs.95.47 crore; Victoria Foods Pvt. Ltd. in Food Park-II, Rai for setting up a project of manufacturing food processing products with an investment of Rs.55.40 crore; National Seeds Corpn. Ltd. in Industrial Estate Karnal for setting up a processing unit for seed processing plant cum storage facility in I.E. Karnal.

First Published: Tue, April 13 2010. 00:43 IST