IEP Chandigarh, February 7<\/p>\n\n\n\n
\u00a0The Banur-Tepla Road (NH 205A) is fast emerging as a new hub for investors with Mohali Industrial Economic Zone (MIEZ) adding enormous value to the entire stretch. The road has come into prominence as it is being used by highway travellers between Delhi and Manali and vice versa. Banur-Tepla road is also getting \u00a0huge routine traffic flow \u00a0as the route is being frequently used by the people of Chandigarh capital region comprising Chandigarh, Mohali and Panchkula \u00a0for to and fro travel. As a result of the strategic location of the road a variety of industries are setting up their units on it. The high end quality of road and \u00a0its logistics’ edge have attracted the attention of the ambitious Mohali Industries Economic Zone(MIEZ) project being developed by realty company Royale Estate Group(REG).MIEZ is the region\u2019s first of its kind state-of-the-art industrial facility, being developed on Banur Tepla Road in 100 plus acres of land. Neeraj Kansal, MD, REG said, “The MIEZ is being planned in such a manner that will make it an ideal destination for different types of industries to set up their units. While on one hand it will have the wherewithal to house units from varied industries like pharmaceuticals, textiles, chemicals, \u00a0food processing, distillery and many more, on the other it will have an effluent treatment plant (ETP), skill development centre, R & D centre, tool and equipment room, wide roads and all civic amenities.”Dalip Sharma, Secretary General, Punjab Chamber of Commerce and Industry opined, ” NH 205A,is connected well with the National Highway 1(NH 1) that links the national capital New Delhi to the town of Atari in Punjab on the India\u2013Pak border.”Prof Lakhwinder Singh, a professor of economics at Punjabi University Patiala added, “The stretch lies in the vicinity of the dry port at Shambhu bordering Punjab and Haryana. It is also in \u00a0close proximity to Amritsar-Kolkata Industrial Corridor (AKIC).”As many as \u00a035 warehouses have already been set up along the stretch. Some of these are Arrow, Bajaj Electronics, Havel\u2019s India Ltd, Freuden Begonic, Nerolac Paint, Asian Paints, Marico Ltd and Whirlpool of India Ltd . A mini film city N K Studios has also come up. What’s more, a manufacturing unit of Amararaja Batteries known for producing the famous Amaron Batteries has been established on the road.\u00a0 The road is also blessed with the world\u2019s first Mat-Pita Mandir and Go Dham taking care of more than 400 weak, old and sick cows . \u00a0Meanwhile many industries have \u00a0committed to start operations in MIEZ. These include Ruby Industry that manufactures steel office furniture, \u00a0Gupta industry that is a supplier of all types of paper and that also manufactures cardboard boxes, Making Ways Auto Industries that manufactures tractor parts , Anirudh Engineering Solutions and Royale Agro Processing Industries among many more.”The plan is to offer a 360 degree solution for all industrial needs.\u00a0 MIEZ will be the region’s first Integrated Industrial Park dedicated to the MSMEs,” added Piyush Kansal, a Director with REG.Ashish Mittal, who is also a Director with REG, summed up,”The International Airport in Mohali is also close to the stretch. The next wave of economic growth \u00a0of the region will be spurred by the industrial developments taking place on both sides of the Banur-Tepla road.”<\/p>\n","protected":false},"excerpt":{"rendered":"
IEP Chandigarh, February 7 \u00a0The Banur-Tepla Road (NH 205A) is fast emerging as a new hub for investors with Mohali Industrial Economic Zone (MIEZ) adding enormous value to the entire stretch. The road has come into prominence as it is being used by highway travellers between Delhi and Manali and vice versa. Banur-Tepla road is […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"footnotes":"","_jetpack_memberships_contains_paid_content":false,"jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[87],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"\n