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2013-07-29

Odisha govt reserves land for MSMEs

Odisha government has said that it will reserve 20% area in all industrial hubs and land banks for state MSMEs.

Odisha government has said that it will reserve 20% area in all industrial hubs and land banks for state MSMEs.

 

MSME Minister, Damodar Rout at an event organised by Indian Chamber of Commerce said, “We have decided to set aside 10% land, wherever land is provided to large and medium industries, for MSMEs.”

 

The minister said that the state has benefitted from large industries and needs to promote ancillary units.

 

According to the sources, the state-owned Industrial Infrastructure Development Corporation (IIDC) will support in setting up of industrial parks at Kalinga Nagar, Barbil, Jharsuguda, Sambalpur, Dhenkanal, Rourkela, Bargarh, Balasore, Dhamra, Gopalpur, Chhatrapur, Rayagada, Kalahandi and Choudwar.

 

The state houses more than 50,000 MSMEs in the state, half of which are sick and deal with sponge iron, textile, food processing and construction.

 

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