Are Industrial Park’s Investment Friendly and What Are Their Benefits?
An
industrial park is a carefully chosen and extensively planned zone for attracting industrial
development and economic growth. One of the primary goals of an industrial park
is to improve the ease of doing business and offer employment in and around the
zoned estate. For instance, RIICO industrial plots in Rajasthan is all
set to boost the regional economy by a significant factor. Recognized as one of the most promising industrial estates
in Northwestern India, it is very strategically located and offers low cost and
easy access to every important market.
A Potential For All Industries
Industrial
parks are designed keeping in mind the needs and purposes of heavy industries.
They are spread over a huge area and offer a wide variety of potential industry
mix including handlooms, textiles, warehousing, and automobile.
The Benefits of Investing in Industrial Park:
1. Fostering Economy of Scale:
Industrial
parks are suited for centralized buying and selling. This offers immense
purchasing power to the participating units. Bulk orders attract greater
discounts on input procurements i.e raw material and components. This drives
overall profit and revenue.
2. Pro-Business Policies
Industrial
parks enjoy the assistance of state and central governments across multiple
fronts through subsidies, tax exemption, etc. This offers a competitive
advantage to investors and business owners.
3. Business Focussed
Industrial
parks are business-friendly by design. They enjoy easy connectivity to all
important business centers, ensuring seamless transport of goods and services.
Further, they offer all the amenities and utilities by default. This means
business owners need not worry about electricity, water or communication and concentrate
completely on business growth and productivity.
4. Low Production Cost
As
a result of the dense concentration of industries, most of the overheads
associated with traditional industry setup turn redundant in an industrial
park. From easy availability of skilled labor to on-premises repair and
maintenance units, an industrial park makes production low-cost and affordable.
5. Excellent Amenities
Apart
from the world-class infrastructure, the amenities are also top-notch. Some of
the distinctive features include ATMs, spot internet, F&B, food courts,
ample parking space for lightweight as well as heavy vehicles.
An Investment Magnet
Industrial
parks offer multiple investment opportunities for small and big investors
alike. From owning a grade-A warehouse to creating robust assembly lines for
value-added products and services, industrial parks are a long-term real estate investmentoption. The Solitaire Industrial Park is a great example in this regard, It is
strategically located, enjoys supreme connectivity to immediate domestic
commercial hubs as well as is well-connected to international markets too.
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