‘Walk extra mile to achieve regions’ industrial growth’

Source: The Hitavada      Date: 30 Jul 2017 08:44:23


Business Bureau,

Message from the captains of regional industry and other stakeholders to the Inter-Divisional Committee on Industrialisation of Vidarbha and Marathwada met here in the city on Saturday was loud and clear. While giving suggestions to the committee, they specifically asked the State Government to walk extra mile to accelerate industrial growth in the regions.

“Apart from basic infrastructure, the State Government will have to offer lucrative schemes to attract investments in the regions and also give helping hand to the existing units in Vidarbha and Marathwada,” the entrepreneurs representing various sectors told Sunil Porwal, Additional Chief Secretary (Industries) who was presiding over the meet.

Anoop Kumar, Divisional Commissioner, Nagpur, Piyush Singh, Divisional Commissioner, Amravati and other senior officers, members and office-bearers of Vidarbha Industries Association (VIA) and other stake holders were present on the occasion.

The entrepreneurs and VIA core committee members gave presentations highlighting various demands of the sectors that could give much needed push to local industry and also generate employment opportunities.

However special schemes offering subsidised power, development of clusters, ease of doing business, relaxation in existing labour norms and efficiency in getting clearances were the prominent demands of the entrepreneurs. Players in the field of logistics urged the Government to promote Nagpur as the country’s biggest hub for logistics.

“With the implementation of Goods and Services Tax (GST), Nagpur can emerge as the biggest logistics hub in coming days. But to make it a reality, the Government will have to do away with some of the stringent laws like the restriction of floor space index (FSI) on building warehouses,” Shiv Kumar Rao, a VIA core committee members said.

He also highlighted that the Government should focus on promoting logistics parks by reducing stamp duty on land acquired in nominated warehousing zone.

In his presentation on defence sector, Dushyant Deshpande, a VIA member, stressed on promotion of Vidarbha as the preferred investment destination for domestic defence and aerospace parks. He also suggested implementation of public private partnership (PPP) model for modernisation of ordnance factories.

Prashant Mohota, another member of VIA, who gave presentation on textile sector said that the Government should make power rates competitive by cross subsidy surcharge waiver.

“At present, the textile units are receiving power at a reasonable cost but it is for a specific time. The policy makers should extent the time period of incentive from three years to five years,” he said.

The entrepreneurs in mining sector and representatives of public sector mining companies raised the demand for favourable policy changes and urged the Government to speed up the process of giving required clearances. Representatives of other sectors also gave suggestions and raised voice for area specific demands.