MPIDC identifies 7000 ha of land to attract investment | News from Indoré


INDORE: The Madhya Pradesh Industrial Development Corporation (MPIDC), Indore, has identified around 7,000 hectares to create a land bank attracting investment from industries on developed and raw land. The industry department aims to create a land reserve to provide land for industries in locations suitable for the type of industry, availability of raw materials, manpower and connectivity.
Rohan Saxena, Executive Director, MPIDC, Indore said: “We are working on the creation of a land bank in the region to offer to investors. a dozen industries in Ujjain, Mohana and Jetpura. ”
A prominent clothing manufacturing industry recently took undeveloped land in Ujjain, while another textile giant also made the deal for undeveloped land in Ujjain. Many large scale industries ranging from textile, packaging and others have shown interest in occupying undeveloped land in Ujjain, Mohana, Jetpura, Chirakhan. Industries that exploit raw land will have to obtain basic infrastructure such as roads, water and electricity at their own expense. According to MPIDC, around 13 investors have invested undeveloped land in Mohana and two in Ujjain.
Saxena said: “We are in the process of developing a land reserve and will continue to identify potential locations for industries. Likewise, in the undeveloped land reserves, we do not have to do the development work because it is done by industry taking the first land. ”
The department has requested the transfer of land in several districts of Indore and Ujjain Divisions, of which around 50% of the land has already been transferred to the Department of Industry.
Recently, the department requested the transfer of approximately 122 hectares to Shajapur near National Highway-3.


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