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FTCCI Says HILT Needed More Time for Industries to Relocate
The HILT Policy asks industries in Hyderabad to move to new places.
FTCCI representative Paladugu Krishna says one year is not enough time to move a factory.
He says moving can take at least two and a half years and costs a lot of money.
Workers may also have trouble travelling to new locations where schools and hospitals are not readily available.
Companies worry that moving could interrupt deliveries to customers.
Chemical and pharmaceutical companies may face extra delays while waiting for approvals at their new sites.
Krishna says the government should have given companies four to five years to move.
He also says few businesses applied and the government had not yet followed up after a meeting.
FTCCI committee chair Paladugu Krishna said the HILT Policy could have received a better response if industries had four to five years to relocate.
The policy gives industries one year to shift, while Krishna said relocation takes at least two and a half years.
He cited inadequate infrastructure beyond the Outer Ring Road, employee commuting difficulties, relocation costs and risks to customer orders.
He said chemical and pharmaceutical businesses face additional challenges, including waiting two to three years for approvals after starting operations at a new site.
Krishna said few applications were submitted and that the government had not responded since a meeting with a ministerial sub-committee two months earlier.
- Who
- Paladugu Krishna, an FTCCI Managing Committee member and chair of its Industrial Development Committee, discussed the concerns of industries.
- What
- He said the HILT Policy would have been more successful if industries had more time and relocation challenges were addressed.
- Where
- Hyderabad and proposed new industrial locations beyond the Outer Ring Road.
- When
- The article does not give an interview date; Krishna said a meeting with a ministerial sub-committee occurred two months earlier.
- Why
- Krishna cited the short relocation deadline, costs, inadequate infrastructure, employee commutes, risks to customer orders and approval delays.
Concerns raised by FTCCI
Policy-related rationale mentioned
Relocation and land value
Concerns raised by FTCCI
Krishna said the one-year deadline, relocation expenses and financial strain could discourage businesses; he argued that four to five years would allow a more workable transition.
Policy-related rationale mentioned
Krishna noted that the government may say land prices will increase, but said that potential increase may not make relocation a good option for entrepreneurs.
Relocation decision
Concerns raised by FTCCI
Krishna said businesses face infrastructure gaps, employee commuting problems, possible loss of customer orders and extra approval delays, and that these concerns need to be addressed.
Policy-related rationale mentioned
Krishna described the scheme as good in principle and said it could be viewed positively if the government addressed the stated constraints.
Key facts
- Policy
- Hyderabad Industrial Lands Transformation (HILT) Policy
- Relocation deadline
- One year, according to Krishna
- Relocation time estimate
- At least two and a half years, according to Krishna
- Suggested transition period
- Four to five years
- Pharmaceutical approval period
- Krishna said approvals can take two to three years after starting operations at a new site
- Industries in GHMC area
- About 3,000 to 4,000, including micro, small and medium industries, according to Krishna
- Applications
- Krishna said very few applications were received
Quotes
Paladugu Krishna
FTCCI Managing Committee Member and chair of its Industrial Development Committee
“To shift the industry to other premises, they need an eco-friendly environment. They need minimum two and half years to shift. The policy says that you have to shift in a year that is the first hurdle for the industry.”
thehansindia.com
Sources
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