The State of Business 2013

The edge of a plank

Units in Pantnagar are grappling with erratic power and poor infrastructure, but businessmen are still optimistic

Amit Kumar

This is Tiwariji’s baby. We are grateful to him,” gushes a businessman in Rudrapur. As we do a double take, he quickly clarifies, “When ND Tiwari was chief minister, his government conceived this industrial area in Terai.” Having reassured us that no paternity war looms here, he continues the spiel about the Pantnagar Industrial Estate, the 3,332-acre planned industrial tax holiday zone that completes a decade this year. Officially, in Uttarakhand’s Pantnagar city, the zone is actually closer to Rudrapur town, he tells us before sharing its longwinded official name — State Infrastructure & Industrial Development Corporation of Uttaranchal (Sidcul) Integrated Industrial Estate.