Rediff.com« Back to articlePrint this article

Indore may house three more SEZs

April 27, 2006 11:52 IST

Indore could soon be home to three more Special Economic Zones. The Audyogik Kendriya Vikas Nigam is scouting for land near the city for the proposed SEZs.

The land at Diamond Park is under consideration for the SEZ, said Ashish Shrivastava, managing director, AKVN.

Speaking at a meeting convened by BJP MP Sumitra Mahajan, Shrivastava said that many sites in and around the city were being considered for the SEZ.

The ministers' committee is also looking at  a 25-acre plot of land near Khandwa Road, where construction of IT Park is already under way, as a potential venue for the SEZ. The privatisation of the SEZ being developed in Pithampur would also be finalised in due course. Till now, around seven companies have evinced interest in buying into the SEZ.

Shrivastava said although there was sufficient water for construction work at the moment, water from the Narmada Water Supply System and the Sanjay Water Reservoir would be have to be sourced for the third phase of construction. Also, availability of gas for a CNG-based power plant will have to be ensured, he said.

On the infrastructure front, it was proposed at the meeting that flights to Hyderabad and Bangalore be started from the city, to cater to rising number of business travellers.

Better road and rail link between Indore and other key cities was also mooted.  The roads that connect airport and Pithampur SEZ as well as the rest of the city must be widened for better service, the Mahajan said.

Railway track between Indore and Mumbai via Pithampur, Dhar, Chhota Udaipur and Vadodara was necessary. Similarly broad gauge railway connectivity from Indore to Khandwa is essential to make an easy way to reach Mumbai and Kolkata.

Do you want to discuss stock tips? Do you know a hot one? Join the Stock Market Investments Discussion Group

BS Regional Bureau in Mumbai/Indore
Source: source image