MEANING OF INDUSTRIAL ESTATE Industrial estates are owned

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MEANING OF INDUSTRIAL ESTATE Industrial estates are owned, established, controlled and managed by the

MEANING OF INDUSTRIAL ESTATE Industrial estates are owned, established, controlled and managed by the Government. The Government itself acquires the land, develops it, and constructs roads and buildings of different sizes. It provides all infrastructural facilities such as power, transport, electricity, bank, post-office, water, canteen, lighting and first-aid at a reasonable cost. An industrial estate is a place where the required facilities and factory accommodation are provided by the government to the entrepreneurs to establish their industries there

MEANING OF INDUSTRIAL ESTATE An industrial estate is a group of factories, constructed on

MEANING OF INDUSTRIAL ESTATE An industrial estate is a group of factories, constructed on an economic scale in suitable sites. It is normally established in the industrially backward areas so as to minimize the regional imbalances. A planned clustering of enterprises, offering standard factory buildings erected in advance of demand variety of services and facilities to the occupants. ”

OBJECTIVES OF INDUSTRIAL ESTATE To minimize congestion of industries in the cities. To dispense

OBJECTIVES OF INDUSTRIAL ESTATE To minimize congestion of industries in the cities. To dispense industries in different regions in order to eliminate regional imbalances. To encourage small entrepreneurs. To create a favorable atmosphere for the healthy growth of SSI. To accelerate employment opportunities. To reduce rural-urban population migration by bringing jobs to the rural areas. Exports generate influx of foreign currencies

OBJECTIVES OF INDUSTRIAL ESTATE To Encourage ancillarisation in surroundings of major industrial units. Greater

OBJECTIVES OF INDUSTRIAL ESTATE To Encourage ancillarisation in surroundings of major industrial units. Greater synergy and multiplier effect to group similar industries together. To promote a rapid development of SSI. To attract industries to industrially backward areas, which will make the country a regionally well-balanced one. To promote decentralization and dispersal of industry.

SET UP OF INDUSTRIAL ESTATE Industrial estates are owned, established, controlled and managed by

SET UP OF INDUSTRIAL ESTATE Industrial estates are owned, established, controlled and managed by the Government. The industrial enterprises set up in these estates are also entitled to various incentives granted by the Government either directly or through some financial institutions. To sum, up, all these facilities provide a congenial atmosphere for quick an steady growth of small scale industries.

SET UP OF INDUSTRIAL ESTATE The common service i. e. For heat treatment, electric

SET UP OF INDUSTRIAL ESTATE The common service i. e. For heat treatment, electric furnaces etc. , workshops are set by the Government because small units cannot afford to do these types of services on their own. The factory sheds are generally allotted to the small entrepreneurs on hire purchase basis. The Government itself acquires the land, develops it, constructs roads and buildings of different sizes.

SET UP OF INDUSTRIAL ESTATE The area normally required for an industrial estate ranges

SET UP OF INDUSTRIAL ESTATE The area normally required for an industrial estate ranges from 15 to 60 acres. It is established in the industrially backward areas. It minimize the regional imbalances. It provides all facilities such as power, transport, electricity, bank, post-office, water.

CRITERIA FOR SELECTION OF INDUSTRIAL ESTATES Proximity to National Highways or State Highways. Proximity

CRITERIA FOR SELECTION OF INDUSTRIAL ESTATES Proximity to National Highways or State Highways. Proximity to Railway Station or Airport or Sea Port. Proximity to Bank. Proximity to Post-office. Proximity to a city. Proximity to adequate and dependable source of water. Proximity to source of power

CRITERIA FOR SELECTION OF INDUSTRIAL ESTATES Nearness to market. Entrepreneurial qualities and resources of

CRITERIA FOR SELECTION OF INDUSTRIAL ESTATES Nearness to market. Entrepreneurial qualities and resources of the people in and around the location. Availability of skilled labour. Access lo telecommunication facilities. Availability of reasonable social infrastructure like, Schools, Colleges, Hospitals. Nearness to sources of raw materials.

MERITS OF INDUSTRIAL ESTATE Incentives Granted by the Government: The industrial enterprises set up

MERITS OF INDUSTRIAL ESTATE Incentives Granted by the Government: The industrial enterprises set up in these estates are also entitled to various incentives granted by the Government either directly or through some financial institutions. Provision of Infrastructure Facilities at reasonable cost: Industrial estate provides infrastructure facilities i. e. power, transport, electricity, bank, post-office, water, canteen, lighting and first-aid at a reasonable cost.

MERITS OF INDUSTRIAL ESTATE Cordial Relationship between the Industrialists: A rapid growth of the

MERITS OF INDUSTRIAL ESTATE Cordial Relationship between the Industrialists: A rapid growth of the industrial units is made possible by fostering complementary relationship among them. Minimizes Regional Imbalances: Industrial estates minimizes the regional imbalances and reduce the cost of production to the minimum. It enables the small entrepreneurs to compete effectively with larger units, which in turn results in an increase in the standard of living.

MERITS OF INDUSTRIAL ESTATE Common services set up Government: The common service i. e.

MERITS OF INDUSTRIAL ESTATE Common services set up Government: The common service i. e. For heat treatment, electric furnaces etc. , workshops are set by the Government because small units cannot afford to do these types of services on their own. Minimal Capital Investment: The initial capital investment is less, Since reasonable sheds are offered to the industrialists either on hire purchase basis or on rental basis, they need not spend a huge amount initially for the construction of the factory building etc.

TYPES OF INDUSTRIAL ESTATE I. On the Basis of Functions: On the basis of

TYPES OF INDUSTRIAL ESTATE I. On the Basis of Functions: On the basis of functions, industrial estates are broadly classified into two types: (i) General type industrial estates, and (ii) Special type industrial estates. i. General Type Industrial Estate: These provide accommodation to a wide variety and range of industrial concerns. ii. Special Type Industrial Estate: This type of industrial estates is constructed for specific industrial units.

TYPES OF INDUSTRIAL ESTATE II. On the basis of Organizational set-up: On this basis,

TYPES OF INDUSTRIAL ESTATE II. On the basis of Organizational set-up: On this basis, industrial estates are classified into following four types: 1. Government Industrial Estates, 2. Private Industrial Estates, 3. Co-operative Industrial Estates. 4. Municipal Industrial Estates

TYPES OF INDUSTRIAL ESTATE III On the basis of Other Variants: On the basis

TYPES OF INDUSTRIAL ESTATE III On the basis of Other Variants: On the basis of other variants, industrial estates are classified into following three types: (a) Functional Industrial Estates: In such industrial estates, the same manufacturing industrial units serve as a base for expansion of small units into large one. Functional Industrial Estate, where a particular industrial activity is concentrated.

TYPES OF INDUSTRIAL ESTATE (b) Ancillary Industrial Estates: In such industrial estates, small- scale

TYPES OF INDUSTRIAL ESTATE (b) Ancillary Industrial Estates: In such industrial estates, small- scale units are housed which are ancillary to a particular large industry. Ancillary Industrial estates are those, which are engaged in the manufacture of ancillary items required by large industrial units. (c) The Workshop bay: In Such industrial estates, small firms engaged in repair works only.

TYPES OF INDUSTRIAL ESTATE IV. On the basis of location: Industrial estates can be

TYPES OF INDUSTRIAL ESTATE IV. On the basis of location: Industrial estates can be classified into three categories namely, Urban Estates, Semi-Urban Estates, and Rural industrial Estates.