Recovery of the increased cost of industrial plots by the Haryana State Industrial & Infrastructure Development Corporation (HSIIDC) from entrepreneurs in Manesar here as a consequence of enhancement in compensation to farmers is being strongly opposed by industrialists as “unjust” and “unjustified”.

‘Death sentence’

Manesar Industries Welfare Association (MIWA) general-secretary Manmohan Gaind said the enhanced cost being recovered from the industrialists in Industrial Model Township (IMT) in Manesar amounts to a “death sentence” for the industry. He said the Corporation’s move to recover the enhanced cost would prove to be the last straw for the industries facing slowdown and increased cost of production. He said while many industrialists are planning to shut down their operations, unable to pay the cost, the others are mulling to shift their base.