7 new industrial estates to come up in J&K

Jammu, February 22

To give a boost to industrial development in Jammu and Kashmir, the administration has approved development of seven new industrial estates spread over 5,290 kanals of land for an amount of Rs 304.51 crore.

The estimated investment in these seven new industrial estates is Rs 8,700.16 crore with employment potential of 28,376 persons. These new industrial estates are situated at Banderpora Budgam, Sempora Medicity, Srinagar, Bhagthali, Kathua, Karandi, Samba, Trenz, Shopian, Hariparigam Tral Pulwama and Khunmoh, Pantha Chowk, Srinagar.

“New industrial estate at Banderpora Budgam involving 64 kanals of state land shall be developed at an estimated cost of Rs 22.74 crore by IRCON. The project would attract investment to the extent of Rs 78.12 crore and generate 735 employments,” an official informed.

New industrial estate at Sempora Medicity, Srinagar, to be built on 517 kanals of state land will be developed at an estimated cost of Rs 22.60 crore by IRCON. The project would attract an investment of Rs 1,825.45 crore and has employment generation potential of around 11,643 (approx).

“New industrial estate at Bhagthali, Kathua, involving 2,949 kanals of state land shall be developed at an estimated cost of Rs 83.13 crore by NBCC. The project will attract investment of Rs 4,599.89 crore and has employment potential of around 8,200,” the official said.

The industrial estate at Karandi, Samba, involving 460 kanals of state/private land shall be developed at an estimated cost of Rs 34.45 crore by NBCC. The project will attract investment of Rs 756.89 crore and has employment potential of around 3,900.

The industrial estate at Trenz, Shopian, involving 500 kanals of state land shall be developed at an estimated cost of Rs 68.06 crore by NBCC. The project will attract investment of Rs 850 crore has employment potential of around 900.

The official said the new industrial estate at Hariparigam Tral in Pulwama involving 200 kanals of land shall be developed at an estimated cost of Rs 28.17 crore by NBCC. The project will attract investment of Rs 124.81 crore and has employment potential of around 2500.

The industrial estate at Khunmoh, Pantha Chowk, Srinagar, involving 600 kanals of land shall be developed at an estimated cost of Rs 45.36 crore by IRCON. The project will attract investment of Rs 465 crore and has employment potential of around 350.

Boost to economy

• These 7 industrial estates, to be spread over 5,290 kanals, will be developed at a cost of Rs 304.51crore
• Estimated investment is Rs 8,700.16 crore with employment potential of 28,376 persons
• New industrial estates are situated at Banderpora Budgam; Sempora Medicity, Srinagar; Bhagthali, Kathua; Karandi, Samba; Trenz, Shopian; Hariparigam Tral, Pulwama; and Khunmoh, Pantha Chowk, Srinagar