Over 24 idle firms to ‘lose the plot’

Bokaro: Jharkhand Industrial Area Development Authority (JIADA), an arm of the industries department, all set to withdraw some plots allotted to the odd investors who yet to start their establishment work since after allotments of lands to them.

JIADA has passed orders to this effect and has served show-cause notices to over 24 such companies/investors at Bokaro, Kandra Sindri as well as Giridih industrial areas, informed an official.

There are several companies who have allotted lands to erect their units. But since after a long time they have only erected boundary walls on their plots and construction work of their establishments are yet to be kicked-off, said P N Mishra Secretary JIADA.

“Notice has been served to such owners of the companies and asked them to keep their side. If there is no satisfactory response, their allotment will be cancelled (through director level),” added Mishra.

Their allotments will be cancelled because those investors have not made any investment since after a long time of allotments. There are several genuine investors waiting for a piece of land to set up their industry in those industrial areas, said Mishra adding “Now JIADA has only one acre of land and we are finding very hard in allotments of land for new industrial units.”

The authority is also planning to take stringent action on closed industrial units. The action would be taken against such units who yet to start their productions (since after their establishment) in the second phase. While in the third phase we are all set to act against those units which are shutdown since past long, said an official.

“The government puts in a lot of effort to acquire lands, and develop industrial estates. We do not want people to speculate on land, and profit from industrial plots by reselling them,” said the official.

During the tenure of past government, JIADA approved 21 new investment proposals to set up units, with an investment of Rupees 70 crore, at Balidih Industrial Area in Bokaro.

Besides that JIADA also approved the investment proposal to set up a mega food park at Chandankyari in Bokaro and approved land to set up the unit, said an official.

Triveni Group a real estate company is proposed to set up a mega food park with an investment of Rs 222 crore.  The company has a 0.5 million tonne integrated steel mill and captive power plant in Seraikela-Kharsawan and low-cost housing projects across the state, he said.

The proposed park will have facilities for multi-chamber cold storage, dry warehouse, vegetable dehydration line, modern quality control and testing laboratory and other processing facilities for fruits and vegetables.

This project will create a modern infrastructure to minimise the post-harvest losses of the agricultural produce and will also give a strong boost to the growth of the food processing sector in Jharkhand, said the official.

Leave a Reply

Your email address will not be published. Required fields are marked *