Bhiwadi Industrial News: Skill Development, RIICO Growth, and Global Impact

This past week brought significant news for skill development within the Bhiwadi industrial belt, with a substantial investment of Rs 241 crore earmarked for the makeover of Industrial Training Institutes (ITIs). This funding is part of a broader initiative to establish a hub-spoke cluster in Bhiwadi, aiming to upgrade vocational training infrastructure. Complementing this, H.G. Infra Engineering has taken a proactive step by incorporating a new Section 8 subsidiary, H.G. Talent Edge Foundation ITI Bhiwadi. This entity, in which H.G. Infra holds a 51% share, is specifically dedicated to the PM-SETU ITI project in Bhiwadi, underscoring a focused commitment to enhancing the skilled workforce available to industries in the region and across RIICO industrial areas.

The Rajasthan State Industrial Development and Investment Corporation, RIICO, continued its efforts to expand the industrial footprint across Rajasthan, including the Bhiwadi region. Recent RIICO land auctions proved highly successful, attracting 128 investors and generating a substantial ₹569 crore. This strong investor interest highlights the growing appeal of industrial plots in the state. Furthermore, RIICO has opened an allotment window, making more than 500 plots available across various industrial areas throughout Rajasthan. These initiatives signal ongoing opportunities for industrial growth and investment within the RIICO industrial areas, catering to diverse sectors.

Closer to home in the Bhiwadi Industrial Area, a fire incident was reported at a shoe factory. Thankfully, the incident resulted in no casualties, which is a relief for the local industrial community. Such events underscore the importance of robust safety measures and emergency preparedness within the busy industrial zones of Bhiwadi.

On the international front, an Indian pharmaceutical company, Kusum Pharma, faced a grave challenge. Its pharmaceutical plant in Sumy, Ukraine, was reportedly destroyed by Russian forces following a drone attack, tragically resulting in the death of one worker. This factory, linked to a Bharatpur businessman, sustained an estimated ₹400 crore in damages. Kusum Pharma has vocally expressed that an attack on Indian exporters is an attack on the country's pride, reflecting the significant impact of geopolitical events on Indian businesses with global operations and supply chains, even those far from the Bhiwadi industrial belt.