Home Business JIADA serves notices to 150 firms for not starting operations

JIADA serves notices to 150 firms for not starting operations

0

Jamshedpur: With shortage of land being a major hurdle in the growth of the industrial sector, the Jharkhand Industrial Area Development Authority (JIADA), Adityapur has started identifying industrial units which have not become operational even after getting land for the purpose in a year or more. The authority has decided to scrap the land deal with such defaulters.  

Prem Ranjan, the regional director of JIADA (Adityapur region) said, “We have served notices to 150 such companies asking them to start operations within 15 days or clarify their stand for not starting the operations. There are several of whom the notices have been served thrice. If they fail to respond we will cancel the contract.”

He said that the Adityapur region is among the most investor-friendly destinations. In recent years, the region is facing a land crunch and to resolve the problem instantly, the JIADA management has started the process to identify and cancel land allocated to industries. “ There are several other industrialists who are approaching us for the land. We would rather give them an opportunity to start their project,” noted Ranjan.

The director went on to inform that there are many companies that have not even constructed their boundary walls, started any construction work, not paid any instalments or cleared dues while many are lying closed.

An official said that the authority will work to ensure that the new investors are given all the facilities hassle-free and under one roof so that the industrialists can move ahead with their projects.

The Jharkhand Industrial Area Development Authority of the total 2,923 acre is now looking forward to for its expansion, around 2,076 acres comprising six villages falls in nearby Gamharia while another 226

 acres is located a little further away at Seraikela, another piece of around 621 acres of land is at Baharagora adjacent to East Singhbhum.

Meanwhile, another official said that about 150-200 projects cleared by JIADA are waiting for allotment of land.  On the other hand the availability of plot is practically very less. Steps should be taken to increase availability of land to the industrialists. Land crunch in the State’s largest industry hub is posing a major hurdle for industrial growth.

“Several entrepreneurs are forced to look beyond Adityapur due to lack of land. Steps should be taken to increase availability of land to the industrialists and better infrastructure.  The step will be a great achievement and will prove boon towards development of the State of Jharkhand especially Kolhan,” said an industrialist.

The sprawling Adityapur Industrial Area houses 1200 units- including 11 large-scale, 64 small scale and 166 tiny industries. A few important industries that have global presence are Usha Martin Group, RSB Group, Tata Steel Growth Shop(TGS) etc., too situated in this industrial belt, situated in Seraikela-Kharsawan. There are 20 industries, which export their products to the USA, Australia and other European countries.

NO COMMENTS

Leave a Reply

Exit mobile version