The Government of Punjab is further set to elevate thestatus of Ludhiana as North India’s industrial hub with the Hi-Tech Valleybeing developed in an area of 378.77 acres in Village Dhanansu by Punjab SmallIndustries & Export Corporation, a State Government undertaking.
Approvals for Layout plan, Change of land use (CLU),Environmental Clearance under EIA notification, RERA, etc have already beenreceived for the entire chunk of 378.77 acres land. The project would entailthe cost of Rs 365 crore.
Hero Cycles Limited, a prominent player in the cyclesindustry has come up with its state-of-the-art unit for manufacturing ofHigh-end bicycles and E-Bikes in the Hero Industrial Park of size 100 Acreslocated within the Hi-Tech Valley. Theunit was inaugurated in April 2021. TheHero Industrial Park would also have the ancillary units of this Anchor unit.
Similarly, Aditya Birla Group, a Fortune 500 company, haschosen the State of Punjab as an investment destination for its upcoming paintsbusiness through its flagship company Grasim Industries Ltd. The group hasprocured industrial land measuring 61.38 acres in the Hi Tech Valley for itsnew venture.
Aditya Birla’s upcoming plant will deploy the latestmanufacturing technology and thus will operate at high technical efficiency.The plant will be controlled through the advanced technology of DCS/PLC.Automation will be deployed to manage the RM, PM & FG warehouses within theplant. To ensure safe working standards, the plant will have best in class safetyand environment protection systems. The plant will also use the principle ofIIOT-4 to improve the visibility of manufacturing operations.
Besides, a 17-acre industrial chunk of land has beenallotted to J K Papers Ltd. for setting up their unit for manufacturingcorrugated boxes and packaging products.
Gurkirat Singh, Minister of Industries and Commerce,Punjab, said that to provide high quality and reliable electricity, PunjabState Transmission Corporation Limited (PSTCL) would set up an electricity Gridstation of 400 KV on the 30 acres of land for which the land has been allotted.PSTCL has already initiated the development work on site, he added.
He said that to provide seamless connectivity, the HiTech Valley has been connected with the Chandigarh-Ludhiana National Highway byconstructing a 100 feet wide 4 lane and 8.3 KM long external concrete road andhanded over to the public on 14 April, 2021.
Further, the internal development of Hi Tech Valley i.e.Construction of 33 meter & 24 meter wide internal Concrete roads, Stormwater Drainage System, Sewerage Collection System & Effluent CollectionSystem have been completed and other works are in progress, said GurkiratSingh, adding that the basic internal development of the Hi Tech Valley will becompleted by February 28, 2022.