A Chinese PSU is coming up with a bus manufacturing unit in Bengal Aerotropolis airport city project at Andal in Burdwan.
The standing committee of the Cabinet on industry, infrastructure and employment cleared the unit on Friday. The matter would now be placed before the state Cabinet.
The unit would be set up by Zhongtong, a bus manufacturing company, on 15 acres of land in the industrial hub of the airport city. There will be an initial investment of Rs 250 crore and after five years this would rise to Rs 1500 crore.
The buses would be termed as Bengal Zhongtong Bus and the company plans to manufacture 1,500 buses per year. The unit plans to start functioning from next year and the first bus is likely to roll out from the factory by October 2016.
The image is representative