Uttarakhand to set up one more industrial estate

With economic conditions showing a sign of recovery, Uttarakhand is giving a serious thought to developing one more industrial estate.
    
The state Infrastructure and Industrial Development Corporation of Uttarakhand Ltd (SIDCUL), the state government's nodal agency for the industrial development, is focusing on Sitarganj town in Kumaon region, where 1,100 acres of land is available in the non-notified area.
    
A decision in this regard by the SIDCUL Board has already been taken, top officials said. The master plan of Sitraganj has already been prepared, which would help the SIDCUL in developing the industrial estate.
    
"We are looking forward (towards) industries like pharma, IT, biotech, packaging and others areas to set up their new units at Sitarganj," said the official.
    
The agency has developed top industrial estates like Pantnagar and Haridwar.
    
The SIDCUL is also of the view that the economic conditions would improve further, which would goad the companies to take advantage of the suitable industrial scenario in the hill state.