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Management


Company Profile

Adityapur Auto Cluster a Company registered under the Companies Act, (AAC)-SPV formed by the members of ASIA for implementation of IIUS Scheme of Govt. of India at Adityapur, Jamshedpur.

Adityapur Auto Cluster came into existence to implement the project under IIUS, the members of Adityapur Small Industries Association (ASIA) formed a Special Purpose Vehicle (SPV) in the Name of Adityapur Auto Infrastructure Company Limited, later on its name changed to "ADITYAPUR AUTO CLUSTER" (AAC). Purpose of AAC is to develop the Industrial Infrastructure facilities in Adityapur Industrial Area with the help of financial assistance as non refundable grant from Government of India and Government of Jharkhand with nominal investments by the local industrial units. Government of India through Ministry of Commerce & Industries launched a Scheme called. INDUSTRIAL INFRASTRUCTURE UPGRADATION SCHEME (IIUS) for development of Infrastructure of Industrial Area all over the Country for the rapid development of economy.Under this Scheme, Government of India has provided a grant of 75% of Total Project Cost or Rs.50.00 Crore , whichever is lower. Spread over 42 acres of land which is provided by AIDA free of cost.


Amount invested in development of these facilities

Development of Hi Tech Lab Rs. 40.63 Crore
Development of CETP & HWMF Rs. 20.00 Crore
Development of Common Facility Rs. 5.00 Crore
Tentative project cost Rs. 65.63 Crore

Funding pattern

Grant under IIUS from Government of India Rs. 47.79 Crore
Government of Jharkhand equity capital Rs. 6.53 Crore
Local Industries in equity capital Rs. 9.84 Crore
Loan from Banks/Financial Institutions Rs. 1.47 Crore

Industry domains or verticals/ Targeted Industries

  • Automobile
  • Heavy Manufacturing
  • Sheet metal
  • Casting
  • Forging
  • Machining
  • Light & Heavy Fabrication
  • Polymer Components

Collaboration with TTL (Academia Industries Collaboration Details)

AAC and TTL build-on a business model incorporating the academia/industry collaboration partnership to exceed the existing high quality delivery standards in the engineering & computer-aid environment.

TATA Technologies Provides IT & Engineering Services as well as high end Training on CATIA Designing, Sheet-Metal simulation, Casting, Forging simulation & HW/NW, Software to create Employable students to cater the industrial belt of Adityapur


Executive Summary

This Company is managed by the Board of Directors as per the provisions Memorandum of Association and Articles of Association subject to the provisions of Companies Act, 1956 and IIUS Guideline of Government of India.


Members of the Board

Name Photo
Sri. Kamaraj Ravi Kumar, IAS
(Director of Industries, Govt. of Jharkhand)
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Sri. K Srinivasan, IAS
(DC Seraikella and Managing Director
Adityapur Industrial Area Development Authority)
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Sri. Akhilsehwar Parsad Singh
(Senior Development Officer, Nominee - DIPP, Govt. of India)
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Hari Kumar Keshri
(Secretary – Adityapur Industrial Area Development Authority)
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Sri. Dilip Kumar Goyal
(CMD- ASL group of Industries)
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Dr. Mahesh Kumar Agrawal
(Professor NIT, Jamshedpur)
Sri. Rajesh Kumar Sinha
(Industrialist)
Sri. Suresh Narayan Thakur
(Industrialist)
Sri. Inder Kumar Agarwal
(Industrialist)
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Sri. Santosh Kumar Khetan
(Industrialist)
  
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Sarvjeet Singh Kohli
          CEO