In a bid to woo investors from the northern region for setting industrial units in the state, Maharashtra Industrial Development Corporation (MIDC) has offered 10 per cent concession in land prices in the states northern region.
MIDC chief executive officer A Ramakrishnan said 25 commitments totalling over Rs 100 crore were signed during the two-day dialogue with industrialists, organised by MIDC in collaboration with PHD Chamber of Commerce and Industry (PHDCCI) and Sicom here.
MIDC would also open a desk at PHDCCI to process proposals for setting up industrial units in the state on a fast-track basis, he said.
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Proposals have been received and letter of intent already signed for segments like engineering, garments, leather, chemicals, pharmaceuticals and agro-based industries, a PHDCCI release said yesterday.
The meeting with industrialists in the northern region was the second in the series to attract investment into Maharashtra, Ramakrishnan said.
Earlier, such a meeting was held in Andhra Pradesh and similar interactions will be held in other regions, he added.
The plots offered by MIDC are in Mumbai, Nashik, Pune, Aurangabad, Amravati and Nagpur divisions.
Sicom, a financial institution promoted by the state government, has also offered assistance for purchase of plots, the release said.
Industry secretary Yashwant Bhave said 30,000 hectare of industrial infrastructure would be added in the state at a cost of Rs 1,157 crore in the next three to five years.
Three large and three small power plants are coming up in the state which would generate additional 5,000 mw to 7,000 mw, he said.
Ramakrishnan said MIDC had set up at least one industrial area in every district of the state, apart from selection of the site, land acquisition, planning and development of basic infrastructure in the areas.
So far, 274 such industrial areas have been notified by the state government, he added.