Rajasthan plans to soon offer ready to move in manufacturing facilities in the state under its plug and play policy. This is yet another measure to boost industrial development in the state which has been at the forefront of reforms in labour laws and changes in land policy aimed at attracting investments.

“A number of investors, especially smaller players, do not want to go through the whole process of land acquisition, building a factory,” Veenu Gupta, Principal Secretary for industries in Rajasthan government told.

“They prefer ready to move in built-up space that will provide basic facilities such as water, electricity so they can just move in machinery and begin production immediately,” she said.

The state is eyeing investment in garments, gems and jewellery, IT and other non-polluting manufacturing businesses. A number of Japanese investors from the small and medium enterprises have evinced interest in taking up such facilities, Gupta said.

The state government will invite bids for development of these plug and play facilities in a week, Gupta said. Six spots have been identified with plot sizes up to 40,000 square metres, she said.

A detailed policy framework has been prepared to support this plug and play model of quick in dustrial development.

Besides, the state is in the process of revamping its single-window clearance system to cut down human interface and is introducing intensive tracking to ensure smoother approvals to investors as part of enhancing ease of doing business.

The assembly has given its go ahead to a proposed land acquisition law, the Rajasthan Land Pooling Schemes Bill, and another landmark legislation that could usher in significant reform in the land market – the Rajasthan Urban Land (Certification of Titles) Bill, 2016.

Source: The Economic Times