New Delhi: The Delhi government has decided to redevelop 22 industrial areas in the city at an investment of nearly Rs 2,000 crore ($ 428 million), an official said on Sunday.
The Delhi State Industrial and Infrastructure Development Corporation (DSIIDC) has undertaken the task as per the provisions of the master plan-2021, the corporation's Chairman and Managing Director Chetan Sanghi said.
Sanghi said the existing units in these industrial areas, which till now were not part of planned development activities of government agencies, will provide the funds for their own redevelopment.
The infrastructure development agency, to begin with, has signed a memorandum of understanding (MoU) with Mundka Industrial Area Welfare Society. The other areas include Libaspur, Mandavli, Shahdara, Naresh Park, Rithala, Hasthsal and Swaran Park.
In Mundka, an industrial cluster located over an area of 400 acre 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 the agency is also ready to distribute about 10,000 houses to the poor under Jawaharlal Nehru National Urban Renewal Mission (JNNURM).
He said DSIIDC will also take over 29 industrial estates from the Municipal Corporation of Delhi and the Delhi Development Authority under the new Delhi Industrial Development, Operation and Maintenance law.
"The work will start in six months," he added.
The Delhi Assembly in March 2009 had okayed a legislation to hand over maintenance of 29 industrial estates to DSIIDC after it found a multiplicity of authorities was creating hurdles in infrastructure development.
Sanghi also said the agency will develop 700 acre of land in Kanjhawala area in north Delhi for setting up knowledge-based industries.