Odisha’s maiden Private Industrial Park receives nod
This development is in the backdrop of recently launched policy framework for private participation in industrial infrastructure development.
The State level Committee (SLC) under the chairmanship of Chief Secretary, Govt. of Odisha has granted in-principle approval to the State’s maiden private industrial park to be set up by M/s Gitanjali Gems Limited at Ramdaspur in Cuttack district. The total investment envisaged in this private industrial park spread over 100 acres is approximately INR 700 crore over the next seven years.
Gitanjali gems had proposed setting up a gems and jewellery processing unit during discussions with the State Delegation during Make in India week in Mumbai in February 2016. The company had submitted its application and the same had been approved by the State Single Window in May 2016. However, enthused by the facilitation extended by Government of Odisha and the ‘first of its kind’ policy of Private Industrial Estates being offered by the State under the Industrial Policy 2015, the company submitted a proposal for setting up a private industrial estate.
The park will provide added thrust to the export-oriented Gems & Jewellery Sector in Eastern India in general, and Odisha in particular. The project envisages employment generation for over 16,000 locals, the beneficiaries primarily being women. Gitanjali Gems Ltd. has proposed investing in sector-specific skill development initiatives to enhance employability.
MSME Department, Industries Department, Housing & Urban Development Department, Revenue & Disaster Management Department and Planning & Convergence Department along with IDCO participated in the meeting.
You might also like
Hot Air Ballooning adventure services re-commences in Goa
Goa is abuzz with the commencement of the tourism season 2016 and re-launch of adventure activities for the season is also a-motion to add thrill and excitement during the next
M/o Tourism streamlines Hotel Classification guidelines to make them simple, transparent and time bound
Ministry of Tourism has streamlined the Hotel classification guidelines to make them simple, transparent and time bound. The application for classification and payments of fees have been made through digital
All 11,000 trains, 8,500 stations to have CCTV surveillance
The Railways will make a provision of around Rs 3,000 crore in its budget for 2018-19 to install CCTV systems in all 11,000 trains including premier and suburban services and
