The Uttarakhand government's move to allot 50 acres of agriculture land to Tata Motors for housing purposes has hit a rough patch with Agriculture Minister Trivendra Singh Rawat expressing opposition to the use of farm land for industrial or any other use.
Tata Motors owns 1,000 acres in this rapidly industrialising town in the prosperous terai region of the state. About 30 per cent of it is learnt to be vacant.
Tata Motors was allotted 1,000 acres of prime agriculture land at the Pantnagar industrial estate in the hope that the company would set up its dream Nano project in Uttarakhand. It has now agreed in principle to allot 50 acres more to the auto giant. Tata Motors is seeking 100 acres for housing purposes. Meanwhile, suspense continues over the Nano project being shifted to the hill state.
The B C Khanduri government seems to be in no hurry to provide concession on lease rent as well as some more land to Tata Motors at the Pantnagar industrial estate.
For the 50-odd employees of the Bindra Farm here, there is a special reason to rejoice the Olympic gold medal victory of ace shooter Abhinav Bindra.
The IT and IT-enabled services companies will be provided space in the proposed SEZ. The proposal awaits final approval from the Board of Approval. SIDCUL has been appointed the nodal agency for the proposed IT SEZ which would invite Expression of Interests from top reputed companies. The sources said top IT multinational companies like Infosys could be invited for the development of the IT SEZ, which is being set up over 14.2 hectares.
Currently, the Rs 20-crore (Rs 200 million) company makes three types of products: collectors' items, edged weapons for the world's elite armed forces and replicas for Hollywood movies.
Top executives of Matsushita visited Haridwar industrial area on Monday and had talks with Indian partners on the expansion plan. Matsushita and Anchor have floated a joint venture company to expand business.
The controversial 2,400 MW Tehri hydel project has cleared one more hurdle after the Centre announced a fresh package of Rs 149 crore for the rehabilitation of the displaced people.
The PSU major plans to generate 1000-2000 mw from wind energy after the successful completion of these projects.
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