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Plug-&-Play Infrastructure by MIDC

The Maharashtra state government is planning to rent out industrial plots with ready sheds to industries in the Maharashtra Industrial Development Corporation (MIDC) areas. The project is named ‘Plug & Play Infrastructure’. As a part of the project, industries will not need to spend on buying

BY Realty Plus
Published - Jul 7, 2020 5:00 AM

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The Maharashtra state government is planning to rent out industrial plots with ready sheds to industries in the Maharashtra Industrial Development Corporation (MIDC) areas. The project is named ‘Plug & Play Infrastructure’. As a part of the project, industries will not need to spend on buying land and putting up sheds or structures. They will get sheds already developed by the MIDC on rent. The industries will only have to set up the machinery and start operations. Industrial plots of around 1 acre or more will be rented out to industries looking to start manufacturing units, said the officials. The state government has identified new industrial areas of the MIDC at Talegaon-Akrale in Dindori taluka of the district. The state government is in the process of finalising various aspects of the project, said an MIDC official. The new industrial estate at Talegaon-Akrale has been set up on 500 acres, which is just 7 km away from the Nashik airport. MIDC has already created infrastructures like internal roads, approach roads, water supply, streetlight and other facilities here. “This is a good policy. Usually, industrialists have to spend a lot on buying land and developing infrastructure. They then face scarcity of funds for production and marketing. But such investment-friendly measures will attract more investment, said Manish Rawal, a senior member of Nashik Industries & Manufacturers’ Association.

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