Cover Story - East East Slow & Steady S Das Mohapatra
While delivering a lecture in Man- chester, Thomas Carlyle had said, “The nation which gains control of iron soon acquires the control of gold,” and that enthused Jam- setji Nasarwanji Tata’s search for a suitable location to set up his steel conglomerate. Jamsetji did not stay alive to see his dreams come true, but he certainly laid the foundation of a well-planned city—Jamshedpur—which in course of time gave employment to a cross-section of people and paved way for East India’s escala- tion. Till then, despite having a rich culture, the only other city in this part of the country which fas- cinated outsiders was the British India’s first capital, Calcutta, now Kolkata.
While Jamshedpur is attracting IT and ITeS companies to set up offices, close on its borders, the Adityapur industrial area, is still a great investment destination for all kinds of small, medium and large industries. The other indus- trial areas in Jharakhand include Bokaro, Dhanbad and the state capital Ranchi. Besides the SAIL Steel Plant; ArcelorMittal, Tata Steel, SAIL-POSCO JV steel plant, ONGC, Hindustan Petroleum are likely to start their projects in Bokaro.
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Bhubaneswar is ‘the’ Tier 2 City to have top four Indian IT com- panies; Infosys, Wipro, TCS and Mahindra Satyam (now Tech Mahindra). The ITeS companies operating in the city include Au- roinfotech solutions, JSS, SPARC, Afixi Technologies, AABSys, Discoverture, etc. Other major players include MindTree Con- sulting, Genpact, K.Raheja, etc. Abundance of skilled (engineering colleges, polytechnics and man- agement institutes) and semi- skilled manpower is yet another advantage of being in the state.
With a corporate office in Bhu- baneswar and plants in industrial belts of Bhubaneswar, Rourkela, Balasore, Angul/Talcher, Khurda, Bolangir, Sambalpur, Chhatrapur, Duburi (Kalinga Nagar-near the steel plant complexes of MESCO, Ganapati Exports, Neelachal Ispat Nigam, etc) and Jharsuguda, industry owners are doing good business here. An Export Promo- tion Industrial Park; an Electronic Hardware Park and a Software Park are the other pulls of Bhu- baneswar.
While Salt Lake in Kolkata is home to regional (East) offices of almost all IT and ITeS companies, West
Bengal’s industrial belts are scat- tered throughout the state includ- ing Kalyani, Kharagpur, Uluberia, Haldia, Bishnupur, Malda, Dab- gram, Rani Nagar, Cooch Behar, etc. Keep aside land acquisition issues and opposition to Tata’s plant in Singur, West Bengal is trying to get back its lost fame. And Durgapur is an example of a growing industrial township in the state. While software firms like Wipro, TCS are establishing base in Durgapur, DLF and Shapoorji Pallonji have also found the area commercially viable.
Bihar’s capital, Patna, which had been known as a centre of learn- ing since ages, has once again come into limelight attracting many retail and real estate ma- jors. According to a survey con- ducted by the City Mayors Foun- dation, Patna is India’s fifth fastest growing city and the 21st fastest growing city in the world.
Top 5
• KOLKATA • JAMSHEDPUR • BHUBANESWAR • DURGAPUR • PATNA
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