Today News Online Service
Ludhiana, February 10
A state-of-the-art hi-tech valley industrial park that will provide plug-and-play infrastructure to mobility and advanced manufacturing industrial units is coming up in Ludhiana.
Spread over an area of about 380 acres, the approved industrial park would not only attract global investments but also facilitate Punjab-based industries to expand their capacities, thereby generating new employment opportunities in the state, a senior government functionary told The Tribune, here today.
The development of the hi-tech valley by the Punjab Small Industries and Export Corporation (PSIEC) was on in full swing and allotment of the land through e-auction has commenced.
She said the construction of the internal road network, including storm water drainage, effluent collection system, and water supply distribution system will be accomplished by July. For effective water management, uninterrupted supply and its distribution, the valley will be equipped with the canal water supply and necessary fully functional arrangements such as underground service reservoir, and pumping machinery, including water treatment plant, by December.
To support operations of the units within the valley, round-the-hour common utilities such as streetlights, internal electricity distribution system and other allied works will be completed by January next. The park will also have green spaces and scenic landscape in line with the global best practices.
To ensure environment safety, encourage zero liquid discharge and to reduce operational cost burden, the PSIEC was providing critical shared facilities such as the sewage treatment plant (STP) and the common effluent treatment plant (CETP) for the industrial units inside the park as per the development plan of the hi-tech valley.
The park has direct connectivity with Ludhiana-Chandigarh NH-05 through an under-construction four-lane approach road, which will be completed by this month. “This connectivity will provide seamless logistics ease to the industrial units within the park,” the officer said.
Ludhiana being a commercial hub of north India and densely industrialised district of the state was always a preferred destination for both global and local investors. The establishment of the industrial park was evident testament of receptiveness of the state government to the industry feedback and timely implementation of required policies and decisions on ground. The valley will provide impetus to the flourishing business-friendly ecosystem across all sectors.
To attract global and local investors to the valley, country’s top performing state investment promotion agency, the Punjab Bureau of Investment Promotion (Invest Punjab), has been aggressively reaching out to the investors to attract investment in the valley by highlighting the vast investment opportunities in the state.
“As proven in leading economies of the world, focusing on the development of industrial infrastructure by the government has always been instrumental in harnessing the investment and sustainable development of the economy,” the officer said.
Ludhiana being a commercial hub of north India and densely industrialised district of the state is always a preferred destination for both global and local investors. The establishment of the industrial park is evident testament of receptiveness of the state government to the industry feedback and timely implementation of required policies and decisions on ground. The valley will provide impetus to the flourishing business-friendly ecosystem across all sectors.