The News Caravan

Tag: industrial units

  • FCIK Expresses Regret Over Destruction Of Industrial Unit In Fire

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    SRINAGAR: The Federation of Chambers of Industries Kashmir (FCIK) has expressed regret over the fire incident which took place in industrial estate Anchidora, Anantnagon Thursday evening in which the property worth over 100 lakhs belonging to a polyfoam mattress manufacturing unit M/s 5-Star polymers was destroyed

    While conveying deepest sympathies on behalf of the apex organisation, the President FCIK assured the promoter of the unit Afroz Shah of every possible support that they required at this crucial juncture.

    “FCIK put the onus of all fire incidents in industrial estates on the industrial corporations manning these estates which have miserably failed in building the necessary firefighting infrastructure in industrial estates of the valley,”  the FCIK said in a statement, adding, “ The unit in Anchidora could have been saved from massive damage had the corporation put in place fire hydrants and water storage facility in place. Although the unit was equipped with fire extinguishers, these couldn’t help in controlling the fire as it had already spread before the fire fighters reached the spot.

    FCIK called the attention of the government to direct the concerned for installation of fire hydrants in all small estates which could work as the first line of action in case of a fire till fire tenderers reached the affected estates. The government should provide full-fledged fire stations in more and more estates and make these fully functional, President FCIK demanded.

    FCIK also demanded that the industries department take stock of the fire incident in Anchidora and reach out to the affected unit for all possible help and facilitation.

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    ( With inputs from : kashmirlife.net )

  • 42 New Industrial Estates Being Established In JK

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    SRINAGAR: The government has earmarked around 48,301 kanals of land, in view of the establishment of forty two new Industrial Estates that are coming up in the Union Territory of Jammu and Kashmir, media reports said.

    As per media reports, 5327 online applications were received on the Single Window Portal for allotment of land to set up industrial units with investment and employment potential of Rs 65,000 crore and 3.12 lakh persons respectively. Of these, 3379 applications have been approved so far with proposed investment of Rs 34,294 crore and employment potential of 1.54 lakh persons.

    Daily Excelsior reported that at present 5294 industrial units are functioning in 67 Industrial Estates developed by SIDCO and SICOP on 37,341 kanals land thereby providing employment to 1.09 lakh people.

    Additional 48,301 kanals of land has been earmarked for development of 42 new Industrial Estates. Of these, IRCON and NBCC will be developing 19 new Industrial Estates on priority and draft Memorandum of Understanding is being finalized in this regard by the Industries and Commerce Department, Excelsior reported, adding that a private investment of Rs 1539.87 crore has been grounded during the Financial Year 2022-23 (ending January 2023), out of which Rs 949.21 crore is for 552 units which have commenced productions and operations.

     

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    ( With inputs from : kashmirlife.net )