Bhiwadi Industrial Update: Fire, Housing, and Corporate News

This past week brought a mix of local developments, policy initiatives, and corporate news impacting the Bhiwadi industrial belt and wider Rajasthan. A significant incident occurred in the Khushkhera Industrial Area of Bhiwadi, where a massive fire broke out at a plastic factory. This event highlights the ongoing need for robust safety measures within RIICO industrial areas. On a more positive note for the region, the Rajasthan Chief Minister launched four housing projects, with one specifically benefiting Bhiwadi residents, alongside projects in Jaipur and Kishangarh.

Broader industrial growth in Rajasthan continues to be a focus, with the state actively pushing polytechnics to support its manufacturing sector. This initiative aims to strengthen the skilled workforce essential for industrial expansion. Furthermore, the Delhi Mumbai Industrial Corridor (DMIC) is being highlighted as a key roadmap for industrial growth across Rajasthan. In another development showcasing innovation within the state, MPUAT Udaipur's "Dream Box 2.0" program is actively fostering dairy startup aspirations.

In corporate news, Cords Cable Industries achieved a significant regulatory win, as a CGST appeal order set aside a demand of ₹45.92 crore. This positive outcome for the company was detailed in multiple reports, following their board meeting to discuss Q2 FY27 results. Another company, Sahasra, reported strong financial performance, with its Q1 FY27 revenue increasing by 117% year-on-year to reach ₹48.0 crores.

Meanwhile, JK Cement announced its Q2 profit rose by 8% to ₹173 crore. The company also approved a ₹130 crore investment for a plant expansion by its subsidiary. This expansion is for a paint plant in Telangana, with a projected capacity of 75,000 KL, indicating strategic growth plans beyond Rajasthan. Overall, the week presented a dynamic picture of local challenges, state-level industrial support, and varied corporate performance across the region.