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.