CHANDIGARH, OCTOBER 25
The Government of Punjab is further set to elevate the status of Ludhiana as North India’s industrial hub with the Hi-Tech Valley being developed in an area of 378.77 acres in Village Dhanansu by Punjab Small Industries & Export Corporation, a State Government undertaking.
Approvals for Layout plan, Change of land use (CLU), Environmental Clearance under EIA notification, RERA, etc have already been received for the entire chunk of 378.77 acres land. The project would entail the cost of Rs 365 crore.
Hero Cycles Limited, a prominent player in the cycles industry has come up with its state-of-the-art unit for manufacturing of High-end bicycles and E-Bikes in the Hero Industrial Park of size 100 Acres located within the Hi-Tech Valley. The unit was inaugurated in April 2021. The Hero Industrial Park would also have the ancillary units of this Anchor unit.
Similarly, Aditya Birla Group, a Fortune 500 company, has chosen the State of Punjab as an investment destination for its upcoming paints business through its flagship company Grasim Industries Ltd. The group has procured industrial land measuring 61.38 acres in the Hi Tech Valley for its new venture.
Aditya Birla’s upcoming plant will deploy the latest manufacturing technology and thus will operate at high technical efficiency. The plant will be controlled through the advanced technology of DCS/PLC. Automation will be deployed to manage the RM, PM & FG warehouses within the plant.
To ensure safe working standards, the plant will have best in class safety and environment protection systems. The plant will also use the principle of IIOT-4 to improve the visibility of manufacturing operations.
Besides, a 17-acre industrial chunk of land has been allotted to J K Papers Ltd. for setting up their unit for manufacturing corrugated boxes and packaging products.
Gurkirat Singh, Minister of Industries and Commerce, Punjab, said that to provide high quality and reliable electricity, Punjab State Transmission Corporation Limited (PSTCL) would set up an electricity Grid station of 400 KV on the 30 acres of land for which the land has been allotted. PSTCL has already initiated the development work on site, he added.
He said that to provide seamless connectivity, the Hi Tech Valley has been connected with the Chandigarh-Ludhiana National Highway by constructing a 100 feet wide 4 lane and 8.3 KM long external concrete road and handed over to the public on 14 April, 2021.
Further, the internal development of Hi Tech Valley i.e. Construction of 33 meter & 24 meter wide internal Concrete roads, Storm water Drainage System, Sewerage Collection System & Effluent Collection System have been completed and other works are in progress, said Gurkirat Singh, adding that the basic internal development of the Hi Tech Valley will be completed by February 28, 2022.