Gujarat Leads In Industrial Land Availability
As much as 4.2 lakh hectares has been mapped across 3,275 industrial clusters in the country, of which about 1.13 lakh hectares is available for investors, as the government looks to lure investors at a time when anti-China sentiments are growing globally. At 32,805 hectares, Gujarat leads the pa
Published -
Aug 29, 2020 5:36 AM
As much as 4.2 lakh hectares has been mapped across 3,275 industrial clusters in the country, of which about 1.13 lakh hectares is available for investors, as the government looks to lure investors at a time when anti-China sentiments are growing globally. At 32,805 hectares, Gujarat leads the pack of states in land availability, followed by Odisha (21,451 hectares), Tamil Nadu (12,200 hectares), Karnataka (10,116 hectares) and Maharashtra (9,671 hectares). For instance, the engineering and auto hub of Sanand in Gujarat, where 904 hectares is available, four 66/11 kilovolt (KV) substations are operational for power supply and another under planning. Another 400/220KV substation will be operational within the Sanand Estate in three months. State-run Gujarat Industrial Development Corporation will provide 13.5 kilo litres of water per day for each hectare allotted. Similarly, 1,556 hectares is available at Dahej special economic zone in Gujarat. This SEZ also provides exemption from a 4.9% stamp duty and the registration fee is just 1%. In the auto and electronics hub of EPIP-Ganjimutta in Karnataka, the rate of land lease/rent is only `50-55 per sq metre a year. As much as 6,057 hectares is available for investors here, according to details shown in a dashboard put in place by the department for the promotion of industry and internal trade (DPIIT). To start with, extensive information about industrial belts in six states is available on the portal. Goyal expressed confidence that all states will be on board by December. Nevertheless, broad details of land availability across 31 states and Union territories are also part of the portal now. Investors will be able to not just locate the land but have access to a plethora of details – of logistics, land, rail & air connectivity, tax incentives, drainage system, power supply and even raw material.
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