Haryan clears projects worth Rs.2000 Crore

Haryana cleared 19 proposals for allotment of land for Rs 2,000 crore worth of projects for top MNCs and Indian corporates on Monday. About 26 acres land has been allotted to Pepsico India at Barwala/ Manakpur for setting up a bottling unit for non-alcoholic beverages. The project would be set up on 40 acres and involve a capital layout of Rs 1,000 crore.

The companies which have been sanctioned plots include AISIN, Nippon Carbide and Asti of Japan, Kerry of Ireland and Pepsico of US. Besides these, leading companies such as Luminous, Lumax, Century Metal, Roulound Brakings, JD Engineering and Toyo Springs have also been allotted plots. The projects to be set up on the plots deal with automobile components, water purification equipment, fabric and garments, food and pharmaceutical, ready-to-eat cereals/foods, electrical components and dairy products.

Roulunds Braking has also been allotted three acres in industrial estate in Kundli for manufacturing of disk brake pads with an investment of Rs 77 crore. Similarly, the HSIIDC allotted 25 acres to AISIN Automotive for manufacturing auto parts at IMT Rohtak. The project would involve a capital investment of about Rs 380 crore.

In Bawal, industrial area close to Rewari, the HSIIDC has allotted five acres to Nippon Carbide to set up a unit for manufacturing stickers/ labels. Another Japanese MNC, Asti Electronics, has also been allotted land in IMT Manesar for expansion of its existing components, with a proposed investment of Rs 25 crore.