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Proposed Kanjhawala industrial area in Delhi to create employment opportunities for 15 lakh people

Updated: May 24, 2023 06:14:32pm
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Proposed Kanjhawala industrial area in Delhi to create employment opportunities for 15 lakh people

New Delhi, May 24 (KNN) According to Delhi State Industrial and Infrastructure Development Corporation (DSIIDC) officials the industrial pocket in northwest Delhi’s Kanjhawala may create direct and indirect employment opportunities for about 15 lakh people.

The land falls in the city’s Zone N, which is classified for light and service industry, reported TOI. 

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Earlier this month the LG gave nod to develop an industrial pocket in northwest Delhi’s Kanjhawala. 

DSIIDC has decided to hire a consultant to suggest best possible options for optimum utilisation of a 920-acre land parcel.

Delhi currently has 29 planned industrial estates and 25 non-conforming pockets spread across the city.

“A detailed study is required to be conducted to assess investors’ interest and market for the project. We need to understand the growth drivers and strengths of the global and Indian market scenario, identify key industrial sectors that can be targeted and potential investors for each of them to make this industrial area an attractive investment option for industries,” said an official.

Officials added that a study of the investment climate prevailing in the country and an assessment of parameters such as infrastructure development and changes in socio-economic scenario would also have to be made if the government wished to attract companies from across the world. 

The consultant will also have to analyse if any facilities are required to be rehabilitated and the cost required for that, which will be added to the total capital cost of the project.

The final report will have to be submitted within six months of awarding the contract.   (KNN Bureau)

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