Don’t miss the latest developments in business and finance.

Orissa plans 2 ancillary parks at Jharsuguda, Anugul

Image
BS Reporter Kolkata/ Bhubaneswar
Last Updated : Jan 20 2013 | 7:34 PM IST

To give a boost to the MSME (micro, small and medium enterprises) sector in Orissa, the state government is planning to set up two ancillary parks at Jharsuguda and Anugul.

While the units in the ancillary park at Jharsuguda, to be built over 300 acres, would cater to several large industries in the area, the proposed ancillary park at Anugul, spread over 227 acres, is exclusively meant for aluminum industries.

“The Orissa government is in talks with the National Aluminium Company (Nalco) to forge a joint venture for developing the aluminum ancillary park at Anugul. Land acquisition for this park is already over and the complex is expected to be operational by the end of 2009”, said Hemant Sharma, director, industries department, Orissa government.

He pointed out that the Orissa government has constituted a task force on ancillary and downstream industries headed by the state industries secretary.

“Orissa has a huge potential for MSMEs as the state is on the verge of large scale industrialisation. The MSMEs have an immense potential as for every Rs one crore invested on an MSME unit, nearly 200 jobs are created”, he added.

Sharma was speaking at the annual day meet and the ancillary industries exhibition organised here by the Confederation of Indian Industry (CII).

More From This Section

Speaking on the occasion, Rajdeep Mohanty, chief resident manager, JSL said, “the master plan for JSL’s proposed downstream park, involving an investment of Rs 740 crore at Kalinganagar in Jajpur district has been approved by the Orissa government. The downstream park is coming up on 300 acres of land adjacent to JSL’s 1.8 million tonne per annum steel plant at Kalinganagar.”

Out of the 300 acres of the downstream park, 219 acres will be devoted to 71 MSME units, 45 acres for open space while the remaining 36 acres has been earmarked for roads. The different MSME units which are set to come up on JSL’s downstream park at Kalinganagar include those of pipes and tubes, auto component manufacturing, light engineering, white goods, precision cold rolling as well as kitchenware and lifestyle products.

“The downstream park would generate direct employment opportunities for 3,800 people besides providing indirect jobs to 1,200 others. The park would generate tax revenue of Rs 140 crore for the state government for the first five years”, Mohanty added.

JSL would develop the infrastructure for the park like a research and development lab, service centre for the MSME units, housing and recreation facilities, 200-bed hospital, communications systems as well as uninterrupted water and power supply.

Also Read

First Published: Mar 05 2009 | 12:10 AM IST

Next Story