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Kolkata April 23 The West Bengal Small Scale Industries Development Corporation (WBSIDC) plans to develop 10 industrial estates for the SSI sector in the State in joint venture with private real estate developers.

Among the private developers in fray are Merlin group, PS group, Emami, South City Projects, HR Global and others. The proposals include setting up of an estate especially for small scale IT sector near Kolkata.

Addressing a press conference last week, the WBSIDC Chairman, Mr Moinul Hassan, said the agency operates 27 such estates in the State and is currently setting up seven more estates across the State.

WBSIDC has posted a net profit of Rs 2.66 crore during the last fiscal after a gap of almost two decades.

In January, WBSIDC had entered into an MoU with HR Global Finance for developing an integrated leather complex at Dhantala, in joint venture with Indian Tanning Industries.

WBSIDC will contribute land to the project and create the required infrastructure. The private partner will hold 74 per cent stake.

More Stories on : SSI | Infrastructure | West Bengal

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