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TDT Infra’s project at Savli, Vadodara to create jobs for 10,000 people
Wednesday, December 05, 2012: TDT Infra Private Limited, part of the TDT Conglomerate, has attracted a number of projects from different industries for its mega industrial park at Savli, Vadodara in the first few weeks itself. Spread over 105 acres, the Rs 100 crore plus project is among the first mega industrial park in the private sector approved by the government of Gujarat. Companies from industries like engineering, electrical and transport sectors have evinced interest in setting up units at this new industrial park.
The first phase of 25 acres of the TDT Mega Industrial Park is now open to corporate entities and bookings have begun. The target includes prospective investors especially from non-polluting sectors such as auto ancillaries, infrastructure, electrical and electronics and others. While plots at the Industrial park are available from 5,000 sq. ft. onwards to 3 lakh sq. ft., it also has 1 lakh sq. ft ready-to-move shed on rent or sale thus offering a solution for various buyers. It is estimated that about 10,000 people will be employed at the TDT Mega Industrial Park.
Commenting on the launch, the Company’s Director Mr. Rahul Nath said, “We feel proud to join hands with the Government of Gujarat and play a significant role in the State’s growth and prosperity. The Industrial Park will have non-polluting industries and it has been set up and designed as per international standards. We are very hopeful that incentives being offered will attract a large number of investors to TDT Mega Industrial Park.”
The Gujarat State Government has offered 50% exemption of stamp duty to the buyers of plots. The Government will assist in speedy clearances of various permissions. The advantages for companies setting up projects at TDT Infra’s industrial park are manifold: a clear title on the land; availability of gas & electricity; availability of quality water and levelled land; support of the local Panchayat of Lamdapura village; and proximity to the ports, airport and highways.
The location has been chosen over others in the vicinity due to the availability of good industrially trained manpower; and proximity to Indian and MNC majors like Nirma, ABB, DuPont, Bombardier, GACL, GSFC, AMUL, FAG, ABB, etc. The site is just 14 km from N.E 1 – Vadodara-Ahmedabad Expressway and N.H.8 – Ahmedabad-Mumbai Highway. It is well connected to various Ports including Dahej – 150 km, Hazira – 195 km, Mumbai – 425 km to name a few.
Attractive finance from banks and financial institutions are being offered to investors to attract investments in TDT Mega Industrial Park. The first phase has been funded by promoters’ funds in the form of equity and long term loans. The Company is approaching banks and equity investors for the second phase.
TDT Infra has also launched as a pioneering venture to offer total turnkey solutions for setting up new industrial unit – from procurement of land to statutory approvals, designing and construction of building, erection of plant and machinery as well as tie-up of utilities like water, gas, and electricity. It also takes care of safety, health, environment, corporate social responsibility and maintains international standards in all its services.
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