E-Paper
UPSIDC to help develop SEZs in Kanpur, Bhadohi
The State Government has now decided to take the services of the Uttar Pradesh State Industrial Development Corporation to develop the Special Economic Zones in the State. According to UPSIDC sources, the SEZ would be developed in Kanpur and Bhadohi in 250 acres of land. The UPSIDC authorities had begun interacting with the prospective industrialists who wished to set up their production units in the two zones.
The State Government has now decided to take the services of the Uttar Pradesh State Industrial Development Corporation (UPSIDC) to develop the Special Economic Zones (SEZ) in the State.
According to UPSIDC sources, the SEZ would be developed in Kanpur and Bhadohi in 250 acres of land. The UPSIDC authorities had begun interacting with the prospective industrialists who wished to set up their production units in the two zones.
Surprisingly enough, the government had been in the quest of getting private developers for the SEZ for the past four years. It extended invitation to the developers through advertisement on 18 times, but none of the developers preferred to accept the proposal. For Bhadohi, only a single developer accepted the proposal but as per law unless at least three parties filled tenders, the contract could not have been given. Finally, the government directed the UPSIDC to take up the developing work in both the areas through the developers.
According to the managing director of UPSIDC, Chanchal Kumar Tiwari, earlier it was proposed to develop the whole land but now it has been decided that for one cluster of similar nature of goods production the SEZ would be developed in plots measuring 250 acres of land.
He said for developing SEZ in Kanpur, about 1100 acres of land had been acquired. In the first phase, plots of 250 acres would be developed for setting up leather and hosiery units.
Similarly in Bhadohi, land measuring 550 acres was acquired and efforts were being made to set up silk and the carpet industry.
He said that for setting up production units, preferences would be given to the units in export business for the past five years. These units would have to ensure maximum export of their products.
He said that the industrial units set up in SEZ would easily be able to compete with Chinese products in the global market due to low cost of production in the SEZ following tax and other relaxations.
