Three parks will be set up in Purulia and anchor investors will help bring maximum investment. Subsequently many downstream investors are expected to arrive in the vicinity of the project. While Shyam steel will come up in an area of 1,200 acres, Jai Balaji Steel is being set up in 36,000 acres and Adhunik Steel on 2,500 acres. In each park, the ancillary units will use the infrastructure developed by the anchor unit.

“This will maximise the employment generation potential of the industry. The ancillary and downstream units will be labour-intensive and will help generate more employment,” said Managing Director of West Bengal Industrial Development Corporation (WBIDC) Subrata Gupta. According to WBIDC officials, the concept is to bring both market and supplier at one place. Since the land will be acquired for the steel park, even if an anchor investor or a major investor backs out the government can look for other investors.