Seems like the Haryana government is building hubs for every industry. The Haryana State Industrial and Infrastructural Development Corporation (HSIIDC) is now setting up a textile park in Barhi, Sonipat to generate around Rs 750 crore annual garments business and create 7,500 jobs.
This is another step in the series of industrial hubs - a footwear park in Bahadurgarh, an export promotion park in Kundli, industrial model towns in various cities, Petro Hub in Panipat - established by HSIIDC.
"The textile park at Barhi, Sonipat is spread over 390 acres and already plots have been allotted to 245 units, which have started production, and approximately 150 units are in the final stage of construction," said Manoj Pal Singh, deputy general manager (DGM), HSIIDC.
"One unit would execute a minimum of business of Rs 5 crore and generate 50 jobs," said Narinder Nanda, general secretary of the Barhi Industrial Association (BIA). "At present, the annual turnover of the park is around Rs 750 crore and is expected to go up to Rs 1,350 crore as 120 more units are expected to become operational in next few months," the general secretary added.
Elaborating on the job opportunities, Mr Nanda said, "The textile park has 7,500 jobs opportunities and would generate 6,000 more jobs when the 120 units in the under construction will become operational."
"This park has a hug potential to go up further as most of the units here are water-based units and quality of water is most conducive to the industries of this park," said Shiv Prasad Keshan, president, BIA. "This area has business advantage because of the proximity to Delhi and quality infrastructure available together with the common effluent treatment plant to take care on the needs of the water-based industries," said Mr Singh, deputy general manager of the HSIIDC.
No Threat To Panipat
The park has been established 65 kms away from Panipat, the city of weavers, but it poses no threat to its business.
"The textile park at Barhi has nothing to do with Panipat's business. In fact, both are dealing in completely different genre. Panipat businessmen are dealing in home furnishing textile business, while the Barhi Textile Park is dealing in the garments business," said Mr Keshan. He said that its proximity to Delhi and Panipat would be an advantage as the availability of raw materials would be smooth for the units pursuing business in the region.
The textile park of Sonipat is in huge demand among the Indian and overseas garments businessmen. "Many big and small entrepreneurs from Gurgaon, Delhi and Panipat have shown interest and are in the process of setting up their project in this area," informed Mr Singh of HSIIDC. He said that some overseas players have also shown interest and companies from Korea namely Kaico Deer Abhresive Private Limited and EOC Polymers Limited from Belgium have set up their projects at the Industrial Estate in Barhi. It is giving a boost to the export opportunities for the businessmen of this region. "At present, the Barhi Textile Park has an export business of around of Rs 185-190 crore annually, which is 25 percent of the total annual turnover and another Rs 150 crore more can be expected when the 120 more units become operational," said Mr Nanda of BIA.
"Seeing the overwhelming response of the entrepreneur HSIIDC is in the final stages of acquiring another 648 acres," said Mr Singh of HSIIDC.