Chandigarh, March 20 (IANS) Danish multinational EEL Private Limited, a subsidiary of the FL Smidth group, will set up a new project in Haryana to manufacture hi-tech machines for cement and its allied industries, a senior official said Sunday.
According to Rajeev Arora, managing director of Haryana State Industrial and Infrastructure Development Corporation (HSIIDC), the foundation stone of the project will be laid Tuesday in Bawal industrial area, 90 km from New Delhi.
The project is spread over 30 acres at the Growth Centre in the industrial area.
The company from Denmark, a world leader in cement technology and equipment, will commence first phase production by March 2012. The project will be completed by November 2013, Arora said.
“The project would generate direct employment opportunities for more than 1,750 people besides supporting ancillaries within the state,” added Arora.
The EEL, which has majopr clients in the Indian cement industry, is setting up the plant to meet this increased demand for allied products from cement manufacturing units.
The company already has its presence through a manufacturing facility in Gurgaon since 1998, employing over 750 workers.
Spread in nearly 3,375 acres, the Growth Centre at Bawal is located by the national highway in Rewari district.
It has been developed as a mega-industrial hub. The centre comprises service ancillaries, commercial services and other essential services catering to auto-components, light-engineering, chemicals, machinery and equipment, electronic components, pharmaceuticals and textile products.
Multinationals like YKK (Japan), Becton Dickinson (US), Mitsui, Indo-Japan Lighting, Posco, Liberty Group, Asahi India Glass, Guetermann AG (Germany) and others have already established their units in Bawal.