Setting Up Infrastructure
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A new business enterprise after deciding upon the location of
the industry, needs to set up the basic infrastructural facilities for
commencing its operations. It includes, purchasing the land for the
construction of the industry. The site must be well connected to the nearest
transport network i.e. rail, road or port. Besides, the availability of the
basic amenities like, water, power supply is equally essential. Also, setting
up of a good telecom facility for the industry is necessary for the growth
and expansion of the business.
The State Government offers incentives like land and building
tax concessions, providing land at cheaper rates through the State Government
Agencies to new and existing entrepreneurs. It also offers concessions in
water tariff, power subsidy, subsidy on generating sets, transport subsidy,
incentive for pollution control and quality equipment depending on the
location, size of investment and category of the industry.
After all these requirements are met the commercial production
of the product can commence.
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Sunday, October 20, 2013
Setting Up Infrastructure
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