Business Standard

Red tape hinders Nahar Group's Rs 300-cr MP unit

Image

Shashikant Trivedi New Delhi/ Bhopal

A year after a state apex committee agreed to transfer a patch of land for the Ludhiana-based textile major Nahar Group’s Rs 300-crore project at Mandideep near here, it has yet to happen.

The project is to make BOPP (Biaxially-Oriented Polypropylene) films near its existing yarn manufacturing unit.

“The apex committee has already cleared the matter but the district administration needs to speed up the process,” admitted Praveen Garg, managing director of the State Trade and Facilitation Corporation.

“Works on right of way, diversion of land and works pertaining to electric lines are yet to be facilitated to the company. For obtaining right of way so that the power line can reach the unit, the company has to compensate farmers. We are in talks with the district collector.”

 

According to a company source, “The construction work on the unit is going on but the company is awaiting the diversion.”

The new unit will cater to the need of the packaging industry. The company had also demanded some sops and concessions from the apex committee.

The new unit, to be called Nahar Poly Films Ltd, will have an annual manufacturing capacity of 30,000 tonnes. “The work on the unit is likely to be completed within a year,” said the source.

Nahar has a yarn manufacturing 100 per cent export-oriented unit at the Mandideep (18 km from Bhopal) industrial area.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 16 2009 | 12:41 AM IST

Explore News