The Delhi State Industrial and Infrastructure Development Corporation has commenced preliminary work on a 920-acre land parcel in the Kanjihawala industrial area in Delhi. The corporation is currently in the process of hiring a consultant to provide recommendations for the optimal utilization of the available land, designated for light and service industry in Zone N. The consultant's scope will involve conducting a site analysis, assessing market demand, and conducting a financial evaluation to propose an economically sustainable business model.
A comprehensive study is required to assess investor interest and market potential for the project. The aim is to identify key industrial sectors that can be targeted, both in the global and Indian markets, along with potential investors for each sector to establish the industrial area as an attractive investment destination. Officials emphasized the importance of evaluating the investment climate in the country, infrastructure development, and changes in the socio-economic scenario to attract companies worldwide.
Furthermore, the consultant will analyze various financial models currently available and recommend the most suitable one for the government. The final report is expected to be submitted within six months of awarding the contract to the selected consultant.