Asian paints to set up world’s largest paint manufacturing project at IMT Rohtak

Hon’ble Chief Minister Sh. Bhupinder Singh Hooda graced the ground breaking ceremony for one of the world’s largest paint manufacturing facility being set up by Asian paints - an Indian multi national company - in industrial model township (IMT) at Rohtak. This is a prestigious project in IMT Rohtak being developed by HSIIDC. This township is being developed with the state-of-the-art infrastructure of international standards at par with the IMT at Manesar.  The township spanning about 3000 acres is on     NH-10 linking Delhi with Rohtak. The land for the first phase measuring about 871 acres has already been acquired by the corporation.

The IMT at Rohtak would also support a Gems and Jewellery park and a Jewellery design and training centre. Kundli-Manesar-Palwal KMP Expressway shall add to its logistic support. A commercial and institutional sector has been planned in this township besides the civic amenities including a recreational club and a star hotel. A total of 168 nos. of plots of various sizes have been carved out in the first phase of this township. In addition to this, about  2000  acres  of land for Phase-II has been identified which  is  likely  to be acquired very shortly. The infrastructure in the proposed IMT shall be at par with the international standards to facilitate the setting up of industrial units by MNCs and reputed industrial houses. IMT at Rohtak shall be provided with additional linkages  with the expressway, area of Reliance special economic zone in Jhajjar district  and the upcoming IMT at Kharkhoda. 

 Asian paints will be setting up this plant with an investment of Rs.875 crore on a plot measuring 130 acres in this township. The plant will manufac--ture water based and solvent based paints, emulsions and resins with an  installed capacity of 4 lacs kilo ltrs p.a. The plant is likely to be   commissioned  by January, 2010.  This will be a modern plant, a green project with environmental health safety and zero discharge features. Project will have 33% of green belt to control fugitive emissions.  The company will be utilizing rain water harvesting technology  and will utilize 300 lacs ltrs per year of rain water  to be used in process and about 2000 lacs ltr per year will be  recharged on the ground from recharge- bore wells.  Solar energy will be used for street lighting  and  water heating. the plant will have state of the art fire fighting systems in specific flammable areas  capable of extinguishing fire within three minutes. Asian paints would act as catalyst for fast track growth of industry in Rohtak just the way Maruti has done for Gurgaon. Apart from Asian paints, five applications have also been received for allotment with area requirements of 675 acres and a projected investment of about  Rs.950 crores.  

HSIIDC transactions to be On-line

With an objective to facilitate    its clientele and also to bring  transparency in its dealing with the public, HSIIDC has decided to bring all its transactions on line. The Corporation’s major activities involving public interface pertain to the allotment of industrial plots and sanction and disbursement of term loans.

The Corporation has engaged the services of a Noida based company M/s 3i-Infotech Ltd. for this purpose. The company has been entrusted with the assignment to provide integrated solutions for designing and computerising all the activities of the Corporation.

A meeting was held under the Chairmanship of Mr. Y.S. Malik, Commissioner Industries and IT to review the progress made by 3i-Infotech Ltd. in designing and formating the integrated solutions for the Corporation. Mr. Rajeev Arora, Managing Director and senior officers of the Corporation were also present during the interaction with the solution providers. 3i-Infotech Ltd. made a detailed presentation of a broader format prepared by them on the basis of the information provided by heads of the division of the Corporation. An independent conlustant Mr. R. Sumanthra from eGestalt Technologies Pvt. Ltd., New Delhi was also present on this occasion for providing expert inputs.

The solution providers have been engaged for a period of three years. While the provision of integrated solutions and on-line interface would be completed within one year, the company shall be monitoring its implementation for the next two years. When implemented, the integrated solutions would entail the applicants of industrial plots to fill their applications on-line and deposit earnest money and instalments also on line. This would cut short a lot of paper work and bring transparency at every step. Similarly, the loanee companies would be able to monitor their outstanding and payment schedules on-line. 

Rs.8 crore term loan for automotive components project at Gurgaon

M/s MAG Filters and Equipments Pvt. Ltd. - an existing loanee ISO company have been sanctioned a term loan of Rs.8 crore for setting up an integrated plant at Gurgaon for manufacturing plastic injection molded components and filters for automobiles. The main promoter is an  experienced businessman having almost 19 years of experience in the same line and good market reputation. The company is running its existing unit at Udyog Vihar, Gurgaon and now facing the problem of space. Due to immense growth potential of the sector, the company proposes to increase its production to cater to the increased orders of its existing clientele as well as scout for new customers. The company is supplying more than 150 types of plastic injection molded products for various OEM suppliers like MUL, Suzuki Motorcycle India Pvt. Ltd., Tata Motors Ltd. Suzuki Power Trains India Ltd. The raw materials are readily and locally available in the market. The total cost of the project has been estimated at Rs.1689.77 lakh which is proposed to be financed by way of share capital of Rs.20 lakh, interest free unsecured loan of Rs.421.95 lakh reserves and surpluses of Rs.457.82 lakh besides the term loan of Rs.790 lakh from HSIIDC. During 2007-08 fiscal, the company  achieved a turnover of Rs.3078 lakh. The company has earlier being sanctioned term loans by the Corporation which are being regularly repaid as per schedule. The installed capacity of proposed unit has beenproposed to be utilized upto 65% in first year, 78% in second and 88% in subsequent years of its operation. When implemented, this project is likely to provide employment opportunities to about 120 persons. The project is likely to go on stream by October this year.

Overwhelming response for  Industrial Estate Rohtak

Industrial Estate Rohtak on Delhi-Hisar road adjacent to the existing Industrial Development Colony (IDC) spread over an area of about 152 acres has received an overwhelming response. As against 200 plots of various sizes ranging from  312.50 sqm to 1 acre, the Corporation has received about 1000 applications by the due date. Some of the best known companies in the country haveevinced interest for setting up their ventures in this estate.  

The Corporation shall provide all basic infrastructure services such as roads, water supply, sewerage, drainage and electrification etc. in the Industrial Estate, Rohtak.  The work of construction of roads has already been taken up. Further, a piece of land measuring 6 acres has been transferred to HVPN for setting up of 132 KV Substation in the area and the power to the Industrial Estate will be fed from this substation and quality power will be ensured to the entrepreneurs.  HSIIDC is likely to incur an amount of Rs.30 crore on various development works in this Estate which are expected to be completed within a period of one year and by that time, plots will be ready for handing over the possession to the allottees.    

The Corporation has also received tremendous response for the allotment of industrial plots of various sizes in another industrial estate at Narwana in distt. Jind on an area of 108 acres. Located on Jind-Patiala road on       NH-71,  approx. 180 kms from Delhi & 100 kms from Patiala, Narwana industrial estate falls under the low potential zone hence, the allotment in this estate shall be made on the on-going basis and there is no last date for submission of applications. The Corporation has carved out around 200 plots of various sizes in this estate for allotment to the entrepreneurs under multi product category. The total cost of infrastructure development in this estate has been estimated at Rs.15 crore. The work of construction of roads and the sewerage work have been completed.  The Corporation has also proposed to construct canal based water works in order to ensure potable water supply to the entrepreneurs of the area as the underground water at Narwana is not potable. Irrigation deptt. has already approved an estimate of Rs.1.60 crore for providing 2 cusecs canal water to Narwana from Sirsa branch. The work of electrification has already been taken up in hand and the same is likely to be completed this year.  

Award announced for IMT Faridabad

Decks have been cleared for setting up an Industrial Model Township at Faridabad with the announcement of award for the acquisition of 1832 acres of land in Sector 66,67,68 & 69. This is the fulfillment of a commitment made by the Chief Minister to the industrialists of Faridabad in August 2005. The Chief Minister had announced that an IMT on the lines of the IMT at Manesar would be developed in Faridabad for reviving the old industrial glory of the city. Immediately after that, HSIIDC drew up the plans for setting up this industrial model township and initiated the process of acquisition. The land acquisition officer has announced the award for 552 acres falling in the revenue estate of villages Mujeri, Nawada tigaon, Satoi and Unchagaon, 627 acres falling in village Chandawali and 605  acres falling in village Muchhgar.

The physical possession of the land has been taken over by the corporation and the planning and development of the basic infrastructure of this IMT is being taken up immediately. The infrastructure would include facilities such as roads, water supply, sewerage, drainage, common effluent treatment plant and water treatment plant etc. besides this, electrification network consisting of 132/66 kv substation, ht/lt lines through underground cables and independent cable system, horticulture work, entry gate & boundary wall etc. shall also be provided.

The regional plan prepared and published by the NCR planning board has identified Faridabad as one of the Delhi metropolitan area towns which is to be planned and developed to check the inflow of migrants to the national capital. The final development plan of Faridabad - Ballabhgarh complex has already been published. As per this plan, sectors 68 and 69 have been designated as industrial sectors and sectors 66 and 67 for warehousing, transport and communications use.

In addition to this, HSIIDC is also setting up IMT’s at Rohtak, Kharkhoda (Sonipat) and Jagadhari. This is being done to boost the industrial development in the state and to exploit the locational potential of the area. The concept of industrial model township all over the world encompasses an integrated approach wherein the industrial, commercial, residential and institutional sites are blended together for operational convenience and promoting walk-to-work-culture. The location of IMT at Rohtak abuts national highway No.10 and is close to Rohtak   town towards the national capital Delhi. This land falls in the revenue estate of village Kherisadh and Balyana.

The infrastructure in the proposed IMT shall be at par with the international standards to facilitate the setting up of industrial units by MNCs and reputed industrial houses. IMT at Rohtak shall be provided with additional linkages with the KMP Expressway, area of special economic zone in Jhajjar district  and the upcoming industrial centres like   Kharkhoda. The land for the IMT at Kharkhoda and Jagadhari has been identified and the acquisition process has already being initiated by the Corporation.

Blood Donation Camp

Sh. Rajeev Arora, Managing Director, HSIIDC talking to the donar during the camp

 HSIIDC organised a blood donation camp in its office at Panchkula with the help of a team of doctors from PGI, Chandigarh. 65 persons donated blood including the employees of the Corporation, the employees from the surrounding offices and also the residents of the vicinity. Sh. Rajeev Arora, Managing Director, HSIIDC inaugurated the camp. This is the third blood donation camp organised by the Corporation. The Corporation has decided to organise this camp every year to promote this noble cause.

 Additional term loan for Optus Hotel  

M/s Optus Hotel Pvt. Ltd. have been sanctioned an additional term loan of Rs.500 lakh for setting up a four star hotel in sector-29, City Centre Gurgaon on Delhi – Jaipur highway. The proposed hotel is being constructed on a total area of 1381.325 sq.mtrs which includes 80 guest rooms. The proposed project comprises other facilities like banquet halls, restaurants, Gym/health club, SPA and Swimming pools. etc. It is boom time for India’s tourism and hospitality sector. Driven by a rush in business traveller arrivals and a soaring interest in India as a tourist destination, the year 2006 had been the best year till date, with foreign visitor arrivals reaching a record 4.5 million. India’s hotel industry has entered the global stage, supported by its growing economy and the development of the ‘Incredible India’ brand. Government has recently launched the ‘Atithi Devo Bhavah’ campaign aimed at increasing awareness of tourism in India. As the domestic market continues to expand, the escalating economy provides the rising middle classes with increased disposable income. The arrival of low cost airlines and the associated price wars have given domestic tourists more options than ever before. Tourism in India is also benefiting from the stronger economies of India’s two major source markets, the UK and USA. The importance of tourism for the Indian economy is evident from the fact that it contributed to 5.9 per cent of the GDP and provided employment to 41.8 million people. The total cost of the proposed project has been estimated at Rs.3636.43 lakh which is proposed to be funded by way of share capital of Rs.1200 lakh, interest free unsecured loans of Rs.936.42 lakh besides the term loan of Rs.500 lakh in addition to existing loan of Rs.1500 lakh from HSIIDC. The group has now tied-up with M/s Sarovar Hotel Pvt. Ltd. for the operation and management of the hotel for a period of 12 years. Sarovar Hotel is the fourth largest chain in India with 36 hotels across the country and overseas. When implemented, this project is likely to provide employment opportunities to about 200 persons.

Term loan for carpets and floor covering unit

The Corporation has sanctioned a term loan to the tune of Rs.4 crore to M/s Payal International Ltd. for setting up an integrated unit for manufacturing and export of readymade garments, home furnishing items, carpets and quilts at IMT Manesar. Presently the company is outsourcing the carpets and floor coverings and after processing and finishing of the same, it is exporting them to its buyers. Similarly for the garments, the beading / embroidery works are being done on job work basis. M/s Payal International Ltd. is a Government recognized star export house and engaged in the manufacturing and exports of high fashion garments, home textiles, quilts, cushion covers, carpets. The company is having two manufacturing facilities at New Delhi and U.V. Gurgaon. The main promoter is an experienced businessman having more than three decades in textile industry.

The capital cost of the proposed project is Rs.689.43 lakh which is proposed to be financed by an equity share capital Rs.20 lakh, reserves of Rs.110 lakh, unsecured loans to the tune of Rs.159.43 lakh and a term loan of Rs.400 lakh from the Corporation. The company achieved a turnover of Rs.2705 lakh for the FY 2006-2007. The company is exporting its products to some of the reputed international chain stores in France, Switzerland, Australia, Germany, USA, Spain and U.K. The installed capacity of the unit has been proposed to be utilized at 60% in first year, 70% in second year and 80% in subsequent years of its operation. The basic raw material required is various types of yarn, threads, buttons, hooks, zips, labels and packing materials etc. are readily and locally available in the market. When implemented, this project is likely to provide employment opportunities to about 175 persons.

Sh.Y.S. Malik takes over as Commissioner Industries & IT

Sh. Y.S. Malik has taken over as Commissioner & Secretary, Govt. of Haryana Deptt. of Industries & Commerce, Information Technology, Electronics and Mines & Geology Department. He replaces Sh. P.K. Chaudhery who has moved to the center as Additional Secretary Ministry of Commerce GOI at New Delhi. Prior to his joining as Commissioner he was Joint secretary, Ministry of Company Affairs, Govt. of India from 2004 to 2008 when the department had under taken major e-governance initiatives. During his illustrious career, he held important postings in Department of Finance, Power, Industry and Urban Development and was Managing Director, Haryana Staerte Industrial Development Corporation Ltd. From 1996 to 1999.

A Post Graduate in English literature with a degree in Mass Communications, Sh. Malik had various training in India and abroad. In 1995, he went to United Kingdom for the Post Graduate training in University of GLASSGOW in General Administration and Management.

HSIIDC family welcomes him to its fold.