Sanand Investments

Posted on Posted in Blog, Real Estate News, Uncategorized

Source: Times of India

Piyush Mishra

In what could be a good example of ease of doing business, projects worth more than Rs 9,000 crore have gone into production in Sanand in last two months. As many five major projects ranging from automobile to FMCG sector got commissioned.

With the focus on positioning India as a centre of excellence for small cars for both domestic use and exports, US auto major Ford Motors Company (FMC) commissioned its integrated manufacturing facility, second in India, in Sanand in March last week. Ford has invested $1 billion in the Sanand plant and expects to triple its exports from the country in next five years.

“Sanand already has infrastructure in place. Also, there are no other issues with regard to clearance, land allotment etc. GIDC allots only that land which has no issues attached to it. Even if there are some issues, quick action is taken to redress them,” said a senior government official.

In April, Oerlikon began production at its third Drive Systems Segment plant in the country, in Sanand. The Rs 1,000 crore plant will employ more than 1,000 people when in full production.

Interestingly, some of these big projects got commissioned before time. Nivea India, a subsidiary of German skincare major Beiersdorf AG, operationalised its plant in less than 11 months in Sanand and has plans to invest around Rs 850- Rs 900 crore. This is the first plant of the company not only in India but in South Asia.

Earlier this week, Alstom Bharat Forge Power (ABFP), a joint venture of Bharat Forge with France’s Alstom, began production at its new Rs 1,350 crore manufacturing facility in Sanand for making supercritical turbines and generators. “The start of production at Sanand in a record time of 17 months, after the first excavation works were kicked off in November 2013, is a major construction and commissioning achievement in greenfield manufacturing facilities,” said a statement from ABFP.

The government also expects increase in development activity after Diwali as a lot many small units are likely to start constructing their plants.

http://timesofindia.indiatimes.com/business/india-business/Sanand-drives-into-easy-biz-zone/articleshow/47494142.cms

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