Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

Maruti May Get 1400 Acres Of Land To Setup Third Factory in Haryana

- Advertisement -

After two manufacturing factories, Maruti may soon set up third unit at Sohna within the area of 1400 acres 

Maruti may soon set up a third manufacturing factory in Haryana as the state government of Khattar is likely to allot 1,400 acres of land at Sohna. The company has its first manufacturing factory in Gurgaon spreading over 300 acres of land and a 600-acre Manesar factory which was set up in 2007.

Plans to allot 1,400 acres of land

Well, the 1,400 acres of land was part of 1,700 acres that the Haryana State Industrial & Infrastructure Development Agency (HSIIDC) had acquired in 2011 with an aim to establish a new industrial township. When the land was acquired, it was planned to develop the Industrial Model Township (IMT) in Sohna under the public-private partnership (PPP) policy.

- Advertisement -

Manohar Lal Khattar, CM of Haryana chaired a meeting which was attended by Public Work Department (PWD) minister Rao Narbir Singh, Vipul Goel industry minister, R C Bhargava who is Maruti Suzuki India chief, Devender Singh who is an additional chief secretary (industries), T L Satyaprakash who is HSIIDC managing director and other officials were present to take the decision.

As per the initial plan, the state government had decided to involve private players through the e-auction route but now after the meeting, it seems the state government may give the land to Maruti through direct allotment. Well, if we talk about the price of the land then senior officials present in the meeting were seen to have favoured bidding in order to get the best possible price.

Moreover, it was almost decided that the Maruti will be given the entire land falling under IMT Sohna which is currently in HSIIDC’s possession. The issue will be raised in the state cabinet as the move will speed up development in Haryana. 

- Advertisement -

Most Popular Articles

Honeywell Installs 1.4MWh Battery System To Decarbonise Lakshadweep

0
Aiming to reduce carbon emission in the Lakshadweep Islands, Honeywell has deployed a 1.4MWh battery storage system for Solar Energy Corporation’s project there, marking...

India Must Prioritize Producing Semiconductors Domestically To Reduce Imports

0
The country must become self-reliant in growing the production of critical automotive components, or vehicles will continue to be expensive in the coming years. It's...

BYD India Launches eMAX 7 Electric MPV, Succeeds e6

0
BYD India has launched the eMAX 7, a new electric multi-purpose vehicle (MPV) aimed at environmentally aware families, replacing the BYD e6. BYD India, a...

Tata Power’s Tirunelvelli Facility Begins Solar Cell Production

0
To enhance domestic renewable energy equipment supply, with a total capacity of 4.3GW, Tata Power Solar launched its 2GW solar cell production at Tirunelveli,...

US Eyes To Partner India To Diversify Global Chip Ecosystem

0
Both the U.S. and India will play a crucial and leading role in ensuring the international chip industry meets the demand of the world. To...
Mukesh Vasani, CEO, Aimtron Group

“30-40% Of Our Operations Are Outside India, But We Are Working Towards Greater Self-Reliance”...

0
In a conversation with EFY’s Nitisha Dubey, Aimtron Group CEO Mukesh Vasani highlighted key manufacturing features and global expansion strategies. Q. What milestones mark Aimtron...

“Think E2W Market Is Crowded, Then Look At The E-Rickshaw Market!” – Gopal Jaidka,...

0
There are over 150 brands claiming to manufacture electric two-wheelers in India, with new ones continually entering the fray. Is this saturation, or is...

“We Aim To Create One Village-Level Drone Entrepreneur And One Agri-Entrepreneur Across India” –...

0
Being essential in agriculture, drone operation is not an amateur’s job. In a discussion with EFY’s Nitisha, Preet Sandhuu, Co-Founder of AVPL, discusses the...
Pankaj Kumar Gupta PureEV and Zelio E-Bikes

“In Cities Like Muzaffarnagar, Consumers Prefer Low-Speed EVs”

0
How are electric vehicle sales faring in India’s Tier-3 cities? Are low-speed Chinese scooters impacting the sales of legacy OEMs? Pankaj Kumar Gupta, a...

Formula Racing Students Teams To PMSM Motors With 97% Efficiency

0
What can four students from Formula Racing teams accomplish? Why would they shift from creating an electric two-wheeler brand to tackling the rigorous B2B...

Formula Racing Students Teams To PMSM Motors With 97% Efficiency

0
What can four students from Formula Racing teams accomplish? Why would they shift from creating an electric two-wheeler brand to tackling the rigorous B2B...

STMicroelectronics Joins RISC-V Startup Quintauris As Shareholder

0
To enhance RISC-V product development, STMicroelectronics has joined startup Quintauris as its sixth shareholder, which focuses on automotive and future mobile/IoT applications. Swiss semiconductor company...

Chip Design Startup BigEndian Receives $3M Investment

0
Eyeing expansion in engineering and R&D teams for security solutions, domestic fabless startup BigEndian has obtained a $3 million investment from Vertex Ventures SEA...

OLA’s AI Venture Krutrim To Release Silicon Chips

0
Ola’s Krutrim partners with Arm and Untether to manufacture AI silicon chips, with plans to integrate them into electric scooters. Krutrim, the AI startup founded...
Sharath Shyamasunder, Founder and CEO of The Startup Zone

“Unfortunately, Many Startups Are Not Aware Of The Policies”

0
Should startups funnel their funding and investments into their existing bank accounts, or is it wiser to open a separate one? What are the...

Industry's Buzz

Honeywell Installs 1.4MWh Battery System To Decarbonise Lakshadweep

0
Aiming to reduce carbon emission in the Lakshadweep Islands, Honeywell has deployed a 1.4MWh battery storage system for Solar Energy Corporation’s project there, marking...

India Must Prioritize Producing Semiconductors Domestically To Reduce Imports

0
The country must become self-reliant in growing the production of critical automotive components, or vehicles will continue to be expensive in the coming years. It's...

BYD India Launches eMAX 7 Electric MPV, Succeeds e6

0
BYD India has launched the eMAX 7, a new electric multi-purpose vehicle (MPV) aimed at environmentally aware families, replacing the BYD e6. BYD India, a...

Tata Power’s Tirunelvelli Facility Begins Solar Cell Production

0
To enhance domestic renewable energy equipment supply, with a total capacity of 4.3GW, Tata Power Solar launched its 2GW solar cell production at Tirunelveli,...

US Eyes To Partner India To Diversify Global Chip Ecosystem

0
Both the U.S. and India will play a crucial and leading role in ensuring the international chip industry meets the demand of the world. To...

Learn From Leaders

Mukesh Vasani, CEO, Aimtron Group

“30-40% Of Our Operations Are Outside India, But We Are Working Towards Greater Self-Reliance”...

0
In a conversation with EFY’s Nitisha Dubey, Aimtron Group CEO Mukesh Vasani highlighted key manufacturing features and global expansion strategies. Q. What milestones mark Aimtron...

“Think E2W Market Is Crowded, Then Look At The E-Rickshaw Market!” – Gopal Jaidka,...

0
There are over 150 brands claiming to manufacture electric two-wheelers in India, with new ones continually entering the fray. Is this saturation, or is...

“We Aim To Create One Village-Level Drone Entrepreneur And One Agri-Entrepreneur Across India” –...

0
Being essential in agriculture, drone operation is not an amateur’s job. In a discussion with EFY’s Nitisha, Preet Sandhuu, Co-Founder of AVPL, discusses the...
Pankaj Kumar Gupta PureEV and Zelio E-Bikes

“In Cities Like Muzaffarnagar, Consumers Prefer Low-Speed EVs”

0
How are electric vehicle sales faring in India’s Tier-3 cities? Are low-speed Chinese scooters impacting the sales of legacy OEMs? Pankaj Kumar Gupta, a...

Formula Racing Students Teams To PMSM Motors With 97% Efficiency

0
What can four students from Formula Racing teams accomplish? Why would they shift from creating an electric two-wheeler brand to tackling the rigorous B2B...

Startups

Formula Racing Students Teams To PMSM Motors With 97% Efficiency

0
What can four students from Formula Racing teams accomplish? Why would they shift from creating an electric two-wheeler brand to tackling the rigorous B2B...

STMicroelectronics Joins RISC-V Startup Quintauris As Shareholder

0
To enhance RISC-V product development, STMicroelectronics has joined startup Quintauris as its sixth shareholder, which focuses on automotive and future mobile/IoT applications. Swiss semiconductor company...

Chip Design Startup BigEndian Receives $3M Investment

0
Eyeing expansion in engineering and R&D teams for security solutions, domestic fabless startup BigEndian has obtained a $3 million investment from Vertex Ventures SEA...

OLA’s AI Venture Krutrim To Release Silicon Chips

0
Ola’s Krutrim partners with Arm and Untether to manufacture AI silicon chips, with plans to integrate them into electric scooters. Krutrim, the AI startup founded...
Sharath Shyamasunder, Founder and CEO of The Startup Zone

“Unfortunately, Many Startups Are Not Aware Of The Policies”

0
Should startups funnel their funding and investments into their existing bank accounts, or is it wiser to open a separate one? What are the...