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Day: February 21, 2024

Industrial Parks in India

How is the next 2-3 years looking like for Industrial Park Development

Industrial growth is paramount to the growth of the Indian economy and hence providing the necessary ecosystem for the same is critical. Industrial Parks have been in existence for many decades now and the lead in establishing the system was undertaken by government nodal agencies. Given that the government has an edge on shaping up growth of respective cities, strategic locations were identified in cities and towns to promote Industrial Parks. The lands were identified, acquired, demarcated and the government had provided only basic infrastructure such as roads, drains and power to enable industries to set-up their factories.

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