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May 27, 2015

West Bengal government allots land for investment over Rs 1000 Cr

West Bengal government allots land for investment over Rs 1000 Cr

The West Bengal Cabinet Tuesday cleared land to a number of investors ensuring an investment of Rs 1,004.25 crore with direct employment opportunities to 1,539 people in the state.

Announcing this after the state cabinet meeting here, state finance and industry minister Amit Mitra said all these land have been allotted to the investors within various industrial parks controlled by the WBIDC.

Altogether 14 units would come up over 97 acres of land under five industrial parks, he said. Mitra said CPF (India) Pvt Ltd and Prasad Seeds Pvt Ltd would set up their units under Vidyasagar Industrial Park at Kharagpur with an investment of Rs 550 crore and Rs 15 crore respectively.

Emami Cement Ltd would set up its Rs 418 crore unit at the Panagarh Industrial Park in Burdwan district, while Essar Oil Ltd under the same Park, also got its required land cleared for laying its proposed pipeline, he said.

Similarly, seven units would come up under the Gems and Jewellery Park at Ankurhati (Domjur) following allotment of land to the investors. Besides, two units would come up at Paridhan – the Garment Park, while another unit would come up at the Zari Hub at Sankrail in Howrah district, the minister added.