Achi news desk-
Business Reporter. A large number of industrialists have taken valuable land from MPIDC by promising to provide employment to the unemployed youth of Gwalior region. There are many of them who have not established a factory on that land or started production. There are many who
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Currently, MPIDC (Madhya Pradesh Industrial Development Corporation Limited) has issued notices to around 50 such entrepreneurs. Aman Kumar, joint manager of MPIDC Gwalior, said that a reply was sought in the notice for not constructing the factory, not starting production or not fulfilling the purpose of taking land. Information about steps to cancel the land lease if the factory is not started soon has also been given in the notice. So far, notices have been sent to 50 entrepreneurs and are being sent to some other units as well. A reply was requested within 2 months. Aman Kumar said that these entrepreneurs have allotted land in Banmore, Malanpur, Readymade Garment Park, Stone Park and other industrial areas. A capital investment of around Rs 300 crore and employment to more than 3500 people was proposed.
Another 2-year extension for Parle: Investment of Rs 350 crore and 1500 employment planned In the year 2019, Parle Agro Company was going to set up a soft drink factory in Sitapur Industrial Area, which the company had claimed to have started production. March 2020. Earlier, the company had cited financial discrepancies due to Corona to MPIDC officials for not starting the factory. Because there was a lockdown in the summer for two years due to Corona, and sales of soft drinks dropped significantly. After receiving the notice, the company had demanded an extension to the time period. Accepting this, the company has had time to start production by 2026.
