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Punjab moots auto shredding plant at Mandi Gobindgarh-The 19th Guangzhou Die-casting, Foundry & Industry Furnace Exhibition
9/27/2017 ѹÖýÕ¹-ÖýÔìÕ¹- Die-casting expo-foundry expo |
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Times Of India reported that to revive the steel industry of Mandi Gobindgarh, the state government has approached the Centre for setting up the first automobile shredding plant of north India there. A proposal has been sent and Punjab government is anticipating a nod. Sources in the industries department said a state-of-the-art automobile shredding plants were an emerging technology worldwide to get rid of used vehicles.
An official said that "The plant can completely change the economics of Gobindgarh area.¡± The steel cluster in Mandi Gobindgarh has 500 units and most of the raw material is imported as scrap. The car shredding plant''s output can feed the entire cluster and get business for the industrial units operating there.
The official added that "The state government is looking at infusing new life into the key industrial units in the state and the industries department plans to make interventions at different levels. There are also plans to hire consul tants to help plan better and deal with competition from other states.¡±
Punjab has investment in small industry estimated to be around 20% of the total industrial development and the share in employment is about 82%. At the same time, investment in medium and large industry is around 80% while its share in employment generation is just 18% in Punjab.
Economist Ranjit Singh Ghuman of the Centre for Research in Rural and Industrial Development said that "This implies that promotion and strengthening of the small-scale industrial sector is of strategic importance from the viewpoint of employment.¡±
," said (CRRID).
Apart from feeding steel industry , with stricter vehicular emission rules on cards, car companies are also looking at an opportunity to recycle older cars and trucks. Mahindra intends to set up a network of automobile shredding plants as the Centre is considering introducing a policy to scrap old vehicles, like the cash-for-clunkers programme, something that the US tried during the global economic recession to boost auto sales.
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