20 industrial clusters, 15 parks to be set up

Having received 2,295 proposals amounting to Rs 41,043 crore in the last 11 months, the state is gearing up to attract investment by creating a land bank, including 20 industrial clusters and 15 industrial parks.

The minister said the government would continue providing support to the Industry and an outlay of Rs 3,751 crore had been provisioned for FY 2023-24 i.e. an increase of 19% over FY 2022-23 (BE). For capital subsidy to industrial units, Rs 75 crore and for industrial focal points, an initial amount of Rs 50 crore has been proposed for FY 2023-24. An amount of Rs 2,700 crore has been provided for providing subsidised power to the industrial units.

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