Andal Aerotropolis near Durgapur is slowly but surely becoming the new investment destination for quite a number of companies, both domestic and international. Work at the proposed airport and airport city at Andal is in full swing, after rounds of land related disputes settled down. Idea of this airport conceived and started during the Left Front rule in Bengal is no more a dream now as it is fast becoming a reality.
In a very recent development, construction chemical maker Ardex Endura India is looking to set up a unit within the Andal airport city being built by Bengal Aerotropolis Projects Ltd. Bangalore-based Ardex Endura, a 50-50 joint venture between the Ardex group of Germany and Prism Cement, plans to manufacture a number of products beginning with powdered adhesives used in floor construction. The compnay has planned an investment of Rs 10 crore for the unit. A memorandum of understanding is likely to be signed between Ardex Endura India and Bengal Aerotropolis next week.
Gopinath Krishnan, managing director of Ardex Endura India, told , “We are looking to set up our first manufacturing unit in the eastern region at Sujaalam Sky City of Bengal Aerotropolis. As we were not interested to go through the process of acquiring land on our own and considering the benefits of good infrastructure and logistics support at the skycity, we decided to set up our plant here. The plant will come up in phases on three acres and if all goes well, we can start operations by the middle of next year. Presently, Ardex Endura has four plants in India with a total capacity of 1.5 lakh tonnes per annum. The plant will be able to manufacture 6,000-8,000 tonnes per annum of construction chemicals, once the entire plant starts manufacturing.
Meanwhile, P&H Joy Mining Equipment India has decided to invest Rs 133 crore in a manufacturing and servicing facility for mining equipment within the airport city. BAPL has said that it wants to attract investment from sectors such as IT, telecom and solar equipment besides overseas investment.