Madhepura: The much-awaited nod by the Union railway minister for the big ticket FDI proposals for paving the way for the establishment of electric locomotive plant at Madhepura has generated lot of euphoria across the region and is perceived to bring around a real turnaround in the barren industrial landscape of the Kosi region.
The proposal to set up an electric locomotive plant at an estimated cost of Rs 1,200 crore, which was in hibernation ever since the UPA government had mooted it, has ushered in hope among the people who feel that it will bring about a quantum change in the industrial climate of the region.
Welcoming the NDA’s government’s green signal for the ambitious project which resonated with PM Narendra Modi’s ‘Make in India’ vision for which much spadework has already been done, an eminent lawyer Rajendra Kumar said.
Vyapar Sangh chief Ashok Chowdhary, on Monday said, “The entire Kosi region, which lacked any industrial infrastructure, will see a new dawn, besides checking largescale exodus of migrant workers to other states in quest of jobs and livelihood.”
Former JD(U) MLA from Singheshwar Rameshwar Yadav, said, “The Madhepura plant, which will manufacture 800 electric locomotives of 12,000 horse power (HP), will not only create tremendous job opportunities for the local youth, but will attract investors and others from different parts of the country as well, giving a new push to industrial potentialities in the area.”