RSB MD SK Behera advocates creation of industrial land bank in Jharkhand

RSB Group focuses on electronic vehicle market 

Mail News Service

Jamshedpur, June 26: In a bid to accelerate industrial growth and foster a conducive business environment, SK Behera, a prominent industrialist and member of the State Development Board, has stressed the need for creating a dedicated land bank for industrial development within the state. Additionally, he has urged the government to implement a streamlined one-window system that consolidates all necessary facilities in a single location, thereby alleviating operational challenges faced by traders and enabling them to enhance productivity.

Recognizing the crucial role of a robust law and order situation in attracting investments, Behera emphasized the necessity of improving security measures to instill confidence among investors. By ensuring a safe and secure environment, the state aims to promote industrial activities and create opportunities for sustainable growth.

Addressing a press meet at a city hotel on Monday, Vice-Chairman & Managing Director of RSB Group, Behera highlighted the increasing emphasis on research and development (R&D) within the state. Notably, significant investments have been directed towards research initiatives, including advancements in automotive technology. He disclosed that renowned companies such as Tata Motors and Tata Cummins are actively engaged in developing hydrogen engines for cars, symbolizing a shift towards cleaner and sustainable transportation solutions. The state, too, has embarked on numerous research endeavors aimed at innovation and technological progress.

Behera further said RSB Transmission, one of the leading manufacturers of automotive components, is focussing on electronic vehicle market. The company has bagged orders from Tata Motors and Ashok Leyland.

HE commended Jharkhand’s Industrial Policy and emphasised the need for robust infrastructure development to further bolster the state’s industrial growth.

Jharkhand’s Industrial Policy, formulated with the aim of promoting industrialization and attracting investments, has gained recognition from various business entities operating within the state. RSB Transmission, a prominent player in the automotive sector, has benefited from the supportive policies, which have created a favourable business environment for companies to thrive.

During the conference, Behera acknowledged the state government’s commitment to creating an investor-friendly ecosystem and facilitating ease of doing business.

However, Behera  also emphasized the crucial need for improved infrastructure in the state. He highlighted the significance of well-connected road networks, airports, and efficient logistics systems to enhance the movement of goods and materials. The Managing Director urged the government to prioritize infrastructure development to support the growth of industries and promote Jharkhand as a preferred investment destination.

“Investment in infrastructure is essential for sustainable industrial growth. Jharkhand has immense potential, and with the right infrastructure in place, it can attract more investments, generate employment opportunities, and contribute significantly to the state’s economy,” stated Behera .

Discussing the expansion plans of his company, Behera revealed that after establishing successful ventures in Adityapur and Pune, the company is now embarking on expansion in Mexico, with the process already underway. The company’s fourth plant has been set up, and production has commenced.

He emphasized the future demand for electric vehicles and announced the company’s foray into e-vehicle manufacturing through a collaboration with an Israeli company. He disclosed that work on an electric motor system is underway at the Pune plant in association with the Israeli firm, and soon the company will supply electric vehicles to Tata and Ashok Leyland Company.

In addition to focusing on industrial development, the company is concurrently constructing a state-of-the-art super specialty hospital near Adityapur Auto Cluster, expected to be fully operational within the next two years. The initial phase will feature a 500-bed hospital, with plans for future expansion to accommodate 1000 beds. Behera informed that Padmavati Hospital is being built by RSB Group near Adityapur Toll Bridge and it would soon be inaugurated. It is designed to benefit the people of Kolhan.

During the press conference, Behera was accompanied by Jaya Singh, the HR head of the company, and other officials. The discussion shed light on the challenges and opportunities present in Jharkhand’s industrial landscape, emphasizing the importance of infrastructure development to unlock the full potential of the state’s industrial policy.

Behera’s remarks resonate with the broader sentiments of the business community in Jharkhand, who have long emphasized the importance of infrastructure development to unlock the full potential of the state’s industrial sector. The government’s continued focus on creating a conducive business environment and prioritizing infrastructure development is expected to attract more investments and pave the way for sustained economic growth.

Behera emphasizes airport connectivity for industrial development in Kolhan

SK Behera has shed light on critical factors necessary for driving industrial development in the state, emphasizing the need for airport connectivity in the Kolhan region.

Behera urged the government to prioritize resolving issues faced by industries operating within the state and making land readily available for their expansion and growth.

In response to inquiries, Behera underscored the necessity of airport connectivity in the Kolhan region. He stated that the presence of well-connected airports would attract new investors to the area, subsequently driving economic development and prosperity. Notably, RSB currently operates five successful plants in Jharkhand, each functioning optimally within its capacity. Furthermore, Behera announced that plans were underway to establish a 500-bed super multi-specialty hospital in the city, aimed at providing accessible healthcare services to the general public.