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Understand and Access Details of any Industrial Development Authority & SEZ in India with Valuation Intelligent System

An Industrial Development Authority has been established with the intention of pioneering the development and maintenance of industrial areas in a state.

Various Industrial Development Authorities operate in each state under the administrative umbrella of the National Industrial Development Corporation of India (NIDC).

 

The following responsibilities fall under the Industrial Development Authorities:

 

(i) To Identify and promote large and medium-sized industrial projects in the state.

(ii) To implement the incentive package for entrepreneurs announced by the state governments in a proper.

(iii) Assisting with infrastructure

(iv) Providing technical, financial, and managerial services to investors.

(v) Proactively promoting exports

To Promote Industrial Activities in the state, the state governments also announce the land allotment policy and special rates for industrial land allotment in the states. By which the government tries to generate direct employment for the population in the states. 

 

There are several types of Industries:

  • Large
  • Medium scale industries
  • SMALL Scale
  • MICRO

 

If we want to see the working of the industrial development authority then we can take the example of the New Okhla Industrial Development Authority(NOIDA). That is how the expansion of industries takes place in the state. From the date of planning to the present date, NOIDA had several MNC offices and large & medium-sized industries today which are directly generating jobs & employment sources for the population in the state. 

 

What are Special Economic Zones(SEZs)?

A Special Economic Zone (SEZ) is an area where business and trade laws are different from the rest of the country. Its objective is to increase trade balance, employment, investment, job creation, and effective administration within a country's national borders. In order to encourage businesses to set up in the zone, financial policies are introduced as an incentive for them to do so. There is a total number of 265 Special Economic Zones in India.

 

What does Valuation Intelligent System do in the matter of Industrial Development Authorities for us?

 

Valuation Intelligent System (VIS) is the only platform in India nowadays which is the whole and sole solution for everyone while finding the details about the industrial development authority of any state in India with a single click.

 

The best thing about VIS is that it has a user-friendly interface and it is a kind of platform that is the first valuation system in India to do such a thing. It helps everyone to access all the details about every state and union territory industrial development authority like which ministry and department handle the industrial development authority and several details like Land Allotment rates for the industrial purpose and policies related to the allotment of land. The List of the total number of SEZs in the country is also available at the VIS.

 

Using the VIS, the users don't have to visit several websites in order to get the different details about the industrial development authority of different states and union territories from different websites. They got all the details in brief with simple clicks. This makes their job more accessible and more convenient by eliminating the need to visit several websites.