
The Delhi government has
decided to redevelop 22
industrial areas in the
National Capital Territory
at an investment of nearly
Rs 2,000 crore ($428 million).
The ambitious project is slated
to be self-financed with most
of the funds required to be
raised from various sources
and beneficiaries. The redevelopment
project entails the
redesign and 22 industrial
estates, erstwhile under developed
areas in the capital.
"The Delhi State Industrial and
Infrastructure Development
Corporation Ltd has undertaken
the task of redevelopment as per
the provisions of the Master
Plan 2021," Chetan Sanghi,
Chairman & Managing Director,
DSIIDCL, said. The funds for
the redevelopment project
would be raised by the corporation,
he added.
According to Delhi's Industries
Minister Haroon Yusuf, the
corporation has got its own
industrial act that provides the
government a mechanism to
ensure maintenance and development
of the city's industrial
areas. The Delhi Industrial
Development, Operation and
Maintenance Bill, 2010 has
been passed by the state assembly
and it received the President's
assent only recently.
Yusuf said that DSIIDC would
be the government agency for
development and maintenance
of infrastructure in all industrial
estates, including those
being maintained by the
Municipal Corporation of
Delhi. "The new act empowers
DSIIDC to redevelop industrial
clusters in non-conforming
areas as well," he said.
Delhi has 29 industrial areas
and five flatted factory complexes.
These include Jhandewalan,
Okhla, Wazirpur, Bharat Nagar
and Nand Nagari. Of these,
maintenance and lease management
of only three industrial
areas and five flatted factory
complexes are managed by DSIIDC.
As per the provisions of the
act, nearly 22 areas with 70 per
cent industrial concentration
have been notified by the government
for redevelopment in accordance
with the Master Plan 2021.
Chetan Sanghi said that existing
units in these industrial
areas, which until now were not
part of planned development
activities of government agencies,
would provide the funds for
their own redevelopment.
The infrastructure development
agency, to begin with, has
signed an MoU with Mundka
Industrial Area Welfare Society.
The other areas include
Libaspur, Mandavli, Shahdara,
Naresh Park, Rithala, Hastsal
and Swaran Park.
In Mundka, an industrial
cluster located over 400 acres
will be redeveloped. It will
include areas like Phirni Road
and Mundka Udyog Nagar.
According to Sanghi, the area
does not have metalled roads
and lacks civic amenities like
water supply, sewerage and
drains. "The cost of the redevelopment
will be borne by the
industrial area welfare society,
which will generate the funds
from its members," he added.
Sanghi said that DSIIDC was
also ready to distribute about
10,000 houses to the poor under
JNNURM and would take over
29 industrial estates from the
Municipal Corporation of Delhi
and Delhi Development
Authority under the new act.
"The work will start in six
months," he disclosed.
The corporation will develop
700 acres of land in Kanjhawala
area in north Delhi for setting
up knowledge-based industries.
The Delhi Assembly, in
March 2009, had okayed legislation
to hand over maintenance
of 29 industrial estates to
DSIIDC after it found that multiplicity
of authorities was creating
hurdles in infrastructure
development. DSIIDC has
played a key role in shaping the
industrial growth of the Indian
capital, a throbbing city of some
10 million people, since its
inception in February 1971.