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Machine Tool Project Awaits Approval

Bhubaneswar: Delay on the part of the Union Government in approving a Machine Tool Park, an integral part of National Investment and Manufacturing Zone (NIMZ) , is hindering the progress of Industrial Development.

A formal approval is needed for taking up the project for which the State Government has approached the Centre as a result of which the State Government is unable to take further necessary action on the Projects, said officials here.

Notably, State Government on request of the Union Government to set up a dedicated Machine Tool Park in the NIZM Kalinganagar, had presented a proposal for a machine tool park spread across 100 acre to the Union Government’s Department of Heavy Industries (DoHI) along with another proposal for a Center of Excellence on 10 acres.

Both the major projects are integral part of the  NIZM looking at the massive investment coming up in Kalinga Nagar, which is going to be a steel cluster in eastern India under ‘Purvodaya’ scheme.

Both the projects will cost Rs.281 crore– Machine Tool Park Rs.156 Crore and Center of Excellance Rs.125  crore.

The Machine Tool Park is expected to have more than 58 units of machine tool industries, producers of accessories, attachments and service providers to the industry.

The main focus of the park will be on machine tools, tooling, dies and moulds; the heavy electrical equipment sector; the mining and construction equipment segment; the process plant equipment sector; and metallurgical machinery, including steel plant equipment. Other focus sectors would be plastics processing machinery and textile & jute machinery.

Around 80 per cent of this cost will come in as grant from the Centre and the rest to be borne by the State Government.

Presence of large Steel players such as TATA Steel, JSL, VISA Steel, MESCO, situated adjacent to NH 215 and Jajpur- Keonjhar Railway Station, Biju Patnaik International Airport only 100 KM away while Paradip Port is 127 KM with dedicated railway corridor, Haridaspur-Paradeep Railway line provides one of the best location advantage.

It has perennial 215 MLD water source, 13,687 acre of industry-ready unencumbered land parcels, quality power connection through dedicated industrial feeders, perennial water supply from adjacent Brahmani river, robust infrastructure framework for solid waste and sewerage, logistics hub with common warehousing unit, upcoming mega industrial township to accommodate 25,000- 50,000 workers with social infrastructure, said sources, adding Machine Tool Park with Centre of Excellence will go a long way in boosting the industrial scenario.

Under this backdrop, State Government has urged the Centre to expedite steps in granting formal approval of both the projects, said