Industrial Finance Corporation of India plans to invest Rs 1,000 crore to set up a base in the proposed global financial district here, state Minister for Large and Medium Industries Murugesh R Nirani said today.
IFCI's facility would come up on 50 acres, where more than a dozen banks, including global ones, have evinced interest to set up operations, besides insurance firms, financial institutions and stock market operators, he told reporters here.
The banks include the State Bank of India, Punjab National Bank and Bank of India, he said.
Commerce and Industry Secretary V P Baligar said, for creating a land bank for industrialisation, the Government has already notified nearly 54,000 acres, while another 38,000 acres had been identified.
Baligar said seven new industrial estates would be established in the state under public-private-partnership model, and each of these had attracted three private bidders who responded by way of expression of interest.
"The Government would issue expression of interest to form another 12 industrial estates under PPP," he said.
He also said hearing would be held next week on the issue of new mining leases pertaining to 300 hectares.
Existing and new mines can support about 50 million tonnes of steel-making per annum in the state.
He said at the global investors' meet being organised by the State Government in June, Rs one lakh crore worth of PPP projects in infrastructure sector would be available for investors.