Rudrapur in Uttarakhand is fast emerging as an investment hotbed
Rudrapur in Uttarakhand is on the investment radar. Recently, it has been successful in attracting several substantial investments. The business in the region is also flourishing.Rudrapur, Uttarakhand, May 27, 2011 /
India PRwire/ -- Rudrapur, located in the state of Uttarakhand, is fast emerging as a leading investment destination. Of late it has attracted several sizeable investments. Several new industries are now queuing up at the SIDCUL Industrial Estate. With organizations like
Dabur India Ltd., Delta India, Bajaj Auto, Britannia, Nestle, Ashok Leyland, Zhandu Pharma and Tata Motors setting up base here, Rudrapur is set to become an industrial hub for giants. A number of reputed corporate houses are setting up their manufacturing units in the SIDCUL area, which will soon emerge as a major employment hub.
As far connectivity is concerned, it is well connected to Delhi and is close to the major towns of Uttarakhand and Uttar Pradesh. Haridwar & Udhamsingh Nagar are two key industrial hubs, close to Rudrapur.
Also this year, Engineering Expo, India's largest multi-location trade show on engineering and manufacturing will be launched in Rudrapur.
"With the number of businesses and factories being set up in the area, Rudrapur is developing at a fast pace. The area offers investors good business opportunities," says Sandeep Khosla, CEO-Publishing, Infomedia 18 Ltd, the publishing arm of Network 18 Ltd.
Network 18 Ltd. is organising Engineering Expo in Rudrapur from September 23-26, 2011. Held in major industrial cities like Ahmedabad, Pune, Indore and Chennai, every year Engineering Expo boasts of profuse industry participation from various verticals some of which include machine tools & accessories, process machinery & equipment, material handling equipment, hydraulics & pneumatics, automation & instrumentation, electrical & electronics, light & medium engineering, safety & security, packaging machinery, etc. Leading engineering and manufacturing companies participate in this exhibition every year. It is a definitive place for domestic as well as international companies to network, transact and exchange ideas. All large, medium & small industries in manufacturing & servicing sector can be a part of the Expo.
"The state of Uttarakhand has been successful in attracting prominent industrial players. The state also has enormous natural resources that add to its attractiveness" he says, adding. The Uttarakhand government has set up the State Infrastructure & Industrial Development Corporation of Uttaranchal Ltd. (SIDCUL) in order to strengthen Uttarakhand's industrial development.
Recently, addressing the concluding session of a two-day workshop on mutual cooperation between Uttarakhand and 12 foreign missions - Georgia, Bangladesh, Burundi, Nepal, Gabon, Madagascar, Nigeria, Malaysia, Trinidad, Tobago, Male and Senagal, Uttarakhand CM Ramesh Pokhriyal Nishank said being a more than 10-year-old Himalayan state, Uttarakhand has a vast investment potential in areas like tourism, agriculture, pharmaceutical, forestry and industrial sector.
National Small Industries Corporation too has more than 150 members in Uttarakhand area.
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