Bokaro set to emerges as investment hub

industrial hubAmidst nature’s unlimited bounty and blessings Jharkhand attracts more than one lakhs crore rupees investment by large corporates in state, Bokaro Industrial Development Authority (BIDA) finalized Rs 400 crore rupees investments (industrial) in Bokaro. BIDA transferred lands to three industry majors, informed an official.

The land has been transferred to erect a footwear industry at Kandra with an estimated investment of Rs 100 crore while 25 acre of land has been given to Dalmia Bharat Cement for expansion of the unit at Balidih, the company will invest Rs 200 crore over expansion, informed the official.

“Three acre of land has been transferred to Medica Hospital to establish a Super Speciality Hospital near BIDA Housing Colony. With an estimated investment of Rs 100 crore a 300-bed hospital will be established in Bokaro”, added the official.

Referring GIS which was held at Ranchi official said, “We hope many other corporates will move towards Bokaro to set up their units, said the official.

‘UltraTech Cement’— Aditya Birla Group Chairman Kumar Manglam Birla announced to set up its new production unit with an investment of Rs 700 crore in Bokaro in GIS at Ranchi on Thursday. The company keens to set up its new production unit in Bokaro and applied for land earlier, said the official.

Besides from India, more than 9,000 delegates were attended the GIS summit held at Ranchi includes from Japan, Czech Republic, Tunisia and Mongolia, Australia, the US, the UK, Ukraine, Russia, China, Canada, Nepal, Nigeria, Singapore, Saudi Arabia, Sweden, Sudan, Korea, UAE, Italy, Oman, Venezuela and Pakistan including others, said the official.

In the edge of industrialization and development Bokaro soon to be turn-up as an ‘Industrial Hub’ with several thousand of job opportunities to facilitate the youths, he said.

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