Thursday, August 24, 2006

Bharat Forge & MIDC form a True SEZ alliance



Being a strong advocate for manufactuing and industrialists, I find this announcement as the best so far. India's largest automative ancillary manufacturer, Bharat Forge of Pune has signed a MoU with MIDC to setup a 2000 crores manufacturing SEZ near Pune in Khed.

The real purpose of SEZ which was initially architected by then industries minister, late Shri Murasoli Maran(Father of current IT Minister Dayanidhi Marn) is to promote large scale, low cost and efficient manufacturing to cater to the demands of global market. Bharat Forge-MIDC SEZ is headed in that direction.

Bharat Forge, CMD, Baba Kalyani said that,

"Initially the SEZ will be spread over 2,000 hectares, we will like to expand it to 5,000 hectares and the state government in principal has agreed to our proposal"
Kalyani a true visionary who has built Bharat Forge from scratch also said that

"There is shortage of around 15,000 engineers in Pune and this will be doubled by next year. An engineering college will be set up in the SEZ in association with Warwick University from Britan to overcome this problem"
Hopefully it will remain a TRUE manufacturing SEZ and not get itself converted into real estate saga. SEZ should just chant Manufacture-Exports, Manufacture-Exports!!!

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