Chandigarh, Dec. 4 -- In a major economic boost for City Beautiful, the long-pending Industrial Area Phase 3 project has finally moved forward with the UT administration all set to auction 140 industrial plots beginning April next year. The plots in Phase 3 range from one to four kanals.

Envisioned more than two decades ago, this Phase is being planned as hub for non-polluting, high-value industries such as Information & Technology (IT), electronics, biotechnology, nanotechnology, light engineering goods, automotive components, knowledge-based industries, hospitality, finance and banking, along with units related to furniture, sanitary fittings, and handloom/handicrafts.

Once developed, it is expected to unlock industrial growth and gen...