The recent e-auction by the Jawaharlal Nehru Port Authority (JNPA) secured an impressive Rs 426 crore for leasing 14 plots, totalling 42 hectares, in the JNPA Special Economic Zone (SEZ). Notable industries like Welspun One and Fine Organics secured plots, marking a significant milestone in the region's socio-economic development. The JNPA SEZ, part of the Sagarmala national flagship policy, aims to enhance exports, attract investments, and generate employment. With a transparent leasing process, 31 units have been allotted SEZ plots, covering 59 hectares, fostering industrial development with strategic connectivity through water, road, rail, and air.
The recent electronic auction was a remarkable financial success for the JNPA, amassing Rs 426 crore by leasing out 14 plots spanning 42 hectares within the JNPA SEZ in Uran Taluka, Raigad district. This dedicated zone has been meticulously crafted to catalyse industrial growth, marking a notable stride towards socio-economic development in the region. JNPA has issued Letters of Intent (LoI) to 14 successful bidders, a roster that includes industry leaders such as Welspun One and Fine Organics. This accomplishment underscores a pivotal contribution to the economic fabric of the area.
The JNPA SEZ, spread across an expansive 277 hectares, stands as a visionary initiative under the Sagarmala national flagship policy of the shipping ministry. Its overarching objectives encompass amplifying export capacities, attracting investments, fostering employment opportunities, and propelling port-centric industrialization by establishing captive cargo. Within this comprehensive framework, 163 hectares have been earmarked as leasable land, dedicated to industrial and commercial pursuits, while the remainder is strategically allocated for the provision of essential infrastructure facilities.
Currently, 31 units have been allocated SEZ plots covering 59 hectares, with an operational Free Trade Warehousing Zone (FTWZ) already contributing to the diverse economic landscape. JNPA officials outline that these operational units encompass a variety of sectors, including warehousing, food processing, manufacturing, and trading.
With the recent allotment of 42 hectares in the third phase, the overall leased-out area has come about to 101 hectares. Notably, certain plots in the recent allocation received bids that surpassed the reserve price by a notable 40%, underscoring the robust interest and perceived value in this strategic endeavour, according to JNPA officials.
JNPA's committed investment of Rs 565 crore in developing essential infrastructure underscores its dedication to expedite the operations for the allocated units, solidifying its role as a pivotal driver of industrial progress in the region.
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