Scheme for Financial Assistance to Industrial Parks, Gujarat Industrial Policy, 2015.
The scheme will come into force from 1/1/2015 and will remain in operation for a period of five Years. (i.e. 1/1/2015 to 31/12/2019)
To promote and encourage Industrial Parks by Private Institutions which aim at upgrading and improving state infrastructure and to boost economic activity and employment generation.
Institution:
Institution means any Industries Association / any enterprise registered under the Societies Act, Partnership Act or the Companies Act or SPV constituted for setting up of Industrial Park. Such institution will be eligible to avail assistance under the scheme for setting up of Industrial Park. In case of park having more than 100 hectares area, the Institution will be allowed to develop park with co-developer during the development of Industrial Park.
Industrial Park:
Industrial Park means an estate which is developed in minimum area of 20 Hectares for establishment of minimum 10 industrial units to manufacture any product or service and having basic infrastructure facilities such as developed plot, internal roads, water distribution facilities, sewage, power distribution, communication facilities, Hostel for workers and such other facilities/services as may be required. Industrial Park above 100 hectares will be facilitated and assisted by government in peripheral external link infrastructure like road, facilities for drawl of water, drawl of power including substation, gas and effluent . disposal etc. In case of park having more than 1 00 hectares area, the Institution will be allowed to develop industrial park with co-developer with prior permission of SLEC.
Co-Developer:
Co-developer means individual or legal entity who intends to participate in development of Industrial park with requisite capability of fund participation/technical skill/expertise in creation of infrastructure of Industrial Park. The co-developer will also be responsible for development of Industrial Park. GIDC may consider to enter into JV with developer of Industrial Park through transparent process to facilitate the Industrial project for allotment of land in Industrial park. The modality of JV shall be approved by the SLEC before entering into JV with GIDC.
Project shall be completed within 5 years, 7 years and 10 years for the area of minimum 20 hectors, 50 hectors and 100 hectors respectively from the date of approval of the project by the State Level Empowered Committee
Name : Shri A.M.Panchal Designation: Jt. Commissioner of Industries(Infra) Phone : + 91 79 23252654/29 E-mail : icjciinfra@gujarat.gov.in www.ic.gujarat.gov.in
Office of The Industries Commissionerate Block No. 1, 2nd Floor, Udyog Bhavan, Gandhinagar 382 010. Gujarat. INDIA Ph. : 23252683/23252617 • Email ID : iccord@gujarat.gov.in