MUMBAI: Twenty-four companies will be investing around `60,000 crore in the special economic zone adjoining the country’s largest largest container port, Jawaharlal Nehru Port Trust (JNPT), said Union Shipping and Ports Minister Nitin Gadkari on Saturday.According to the minister, “Twenty-four firms have already offered to come (and) set up (ventures) in JNPT SEZ who will use it for exports.” He added this will entail an investment of `60,000 crore and create employment for 1.25-1.5 lakh people.
Prime Minister Narendra Modi had laid the foundation for the facility months after being sworn-in in May 2014 and the government was targeting to create 1.5 lakh jobs in the facility.Without disclosing the name of the company, Gadkari said one of the companies has said it “on an affidavit” that it alone will invest `6,000 crore and create employment for 40,000 people. The comments from the minister came in the backdrop of recent media reports that said Taiwanese contract manufacturer Foxconn may be one of the interested companies, which will create the high number of jobs for mobile handset manufacturing at the facility.
The government was also hopeful of getting Tesla, arguably one of the most respected companies in the world, to the SEZ, but Gadkari had recentlysaid the battery and transport major is not interested.
JNPT, which has also awarded an over `7,900-crore project to more than double its container handling capacity, is investing Rs 4,000 crore in the SEZ which is supposed to be spread over 277 hectares. Gadkari said works of over Rs 2 lakh crore have already started under the ambitious ‘Sagarmala’ project and added that port-rail connectivity will alone witness an investment of `1 lakh crore under the project.
He said the ministry is constructing the Indore-Manmad railway line at an investment of `6,000 crore and is also looking to connect neighbouring Thane district’s Kasara and JNPT directly.It is also investing `1,000 crore to build a cruise terminal in the financial capital, Gadkari said, adding that the first of the Mumbai-Goa cruise ships will be sailing before the end of December.