Current Date: 06 Oct, 2024

Transforming Madhya Pradesh: 2500 Crore SEZ Ushers in Industrial Growth

Chhindwara Plus SEZ/Industrial Park, a monumental venture by Chhindwara Plus Developers Limited in Sausar, Chhindwara, Madhya Pradesh, is a colossal multi-product project spanning an extensive 1,320 hectares. Divided into two parts, the SEZ covers 770.54 hectares, accommodating diverse industries such as manufacturing, information technology, garments, pharmaceuticals, and engineering. The Industrial Park, sprawling over 437.46 hectares, caters to an even broader spectrum, including food processing, warehousing, and logistics.

Boasting excellent connectivity, the SEZ/Industrial Park stands in proximity to NH 6 and NH 7, merely 50 km from Nagpur Airport. Ensuring world-class infrastructure, the project encompasses vital elements like roads, water supply, power supply, sewerage systems, and a waste management system. Implementing a single-window clearance system expedites approvals for investors, while tax benefits, including income tax exemption for 10 years and exemptions on customs duty and service tax, further enhance the project's appeal.

With all necessary governmental approvals secured, nearly completed land acquisition, and construction set to commence soon, the Chhindwara Plus SEZ/Industrial Park promises a transformative impact on the region's economy. Despite facing opposition from local farmers concerned about land acquisition, the developers have assured fair compensation, aiming to balance economic progress with community welfare. This ambitious project stands as a beacon for regional development, job creation, and infrastructure enhancement in Chhindwara, Madhya Pradesh.

News by Rahul Yelligetti

Source : Projxnews