Introduction:
The KIADB Pharmaceutical Special Economic Zone (SEZ) in Hassan, Karnataka, is a dedicated industrial enclave developed by the Karnataka Industrial Areas Development Board (KIADB) to promote pharmaceutical manufacturing and exports. Spanning approximately 125 acres, this SEZ offers a duty-free environment with specialized infrastructure tailored for pharmaceutical enterprises.
Location and Accessibility:
- Strategic Positioning: Situated in Hassan District, the SEZ benefits from proximity to major cities like Bengaluru and Mysuru, facilitating access to urban resources and markets.
- Transportation Links: The zone is well-connected via National Highway 75, ensuring efficient transportation of goods. The nearest railway station is Hassan Junction, and the closest airport is Kempegowda International Airport in Bengaluru.
Infrastructure and Facilities:
- Industrial Plots: The SEZ offers developed plots equipped with essential amenities such as roads, water supply, sewerage systems, and electricity, catering to the diverse needs of pharmaceutical manufacturers.
- Support Services: KIADB provides assistance in obtaining necessary permits and licenses, facilitating a smooth setup process for new enterprises.
Industrial Presence:
The KIADB Pharmaceutical SEZ hosts a variety of pharmaceutical companies, contributing to the region’s economic growth. Notable establishments include:
- CIM Tools Private Limited: Engaged in the production of sub-assemblies and parts for aerospace and allied applications.
- Kumar Organic Products Limited: Specializes in the manufacturing of chemicals like Zinc Pyrithione and Carageenan.
- Star Hi Herbs Pvt. Ltd.: Focuses on the extraction of herbal products such as Sesamin Crude Extract and Coleus Extract.
Economic Impact:
The development of the KIADB Pharmaceutical SEZ in Hassan has significantly contributed to the local economy by:
- Employment Generation: Creating numerous job opportunities for the local population.
- Investment Attraction: Drawing investments into the region, fostering economic development.
- Export Growth: Enhancing pharmaceutical exports, thereby contributing to the national economy.
Future Prospects:
With ongoing infrastructure developments and supportive government policies, the KIADB Pharmaceutical SEZ in Hassan is poised for further growth. Its strategic location, coupled with robust infrastructure, makes it an ideal destination for pharmaceutical companies looking to establish or expand their operations in Karnataka.
Conclusion:
In summary, the KIADB Pharmaceutical SEZ in Hassan serves as a cornerstone for industrial development in the region, fostering economic growth and providing a conducive environment for pharmaceutical enterprises.
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