Salem Tollways Ltd. (STL)
(Salem to Kumarapalayam) 53kms NH47
Rich Reources- High Growth Potential
Salem is the 5th largest city of Tamil Nadu and is one of the major textile centres in the country. Also known as Steel city it has a steel plant run by the SAIL and the brand Salem Steel is very widely known. Salem is also at the base of the renowned tourist destination of Yercaud hills. The slopes of Yercaud hills are covered with vast plantations of coffee, shaded by silver Oak trees. Santalum album species of Sandal wood grows in the forests of Salem. They fetch high prices as they yield high oil content about 6% (average). The Mysore Sandal soap company is a noted buyer of Sandal wood from Salem. Many agricultural products from Salem have a wide spread market throughout the country. It is famous for mangoes which are transported to various parts of the state and country. Cottage industries which are doing brisk business here are Silver ware, ropemaking, production of unbeached sugar, weaving and silver works. Silver anklets made in Salem are popular throughout the country.
Jalandhar is a city with burgeoning business activity. It is the nucleus of the sports goods industry in Punjab and has about 90% of the total sports goods units of the State. It is also known for producing quality auto parts and there are 300 units engaged in their manufacture. Acclaimed for its rubber goods, there are 625 units with many of them engaged in export. Besides which, Jalandar is a prime producer of Hand Tools like spanners, screw drivers etc, with more than 50 units manufacturing these goods. The district is also famous for the manufacture of high quality surgical instruments. Jalandhar is home to a massive tanning industry with allied units spread across the district. Bawa Skins is an important export house of Jalandhar.. The fast growing city is well connected by road and train, with the nearest Airport being Raja Sansi Airport, Amritsar at a distance of 90 kms.
The district is rich in mineral deposits like Magnesite, Bauxite, Granite, Limestone, Quartz and Iron ore and has the second largest magnesite deposits in India. Industries like Magnesite mining, cement manufacture, refractory bricks manufacture, Aluminum smelting are thriving here. Leading companies like Dalmia and TANMAC have established mines in Salem district.
The Highway to Growth
Situated on NH47, the IVRCL Road Development Project will increase the influx of traffic to this busy commercial hub and ensure more business and better profitability. IVRCL obtained the prestigious Salem Tollways Limited (STL) project from NHAI in October 2005 on BOT basis.. The Project Highway consists of improving the 53 km 4-laning Project between Salem and Kumarapalayam on NH 47. The Project includes about 33 kms of 5.5m width and service roads at Kondampatti, Veerapondi, Eenampiragi, Sankari, Kakapalayam, Mangarangapalayam, Palakampalyam and SSK Nagar. Assuring faster and safer connectivity, IVRCL creates a new channel for exponential growth.
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