In the States and Union Territories (UTs) of India, there
are several business avenues available to the investors, especially, for
investments by Overseas Indians. Some of such investment opportunities
provided by States/ UTs are as follows:-
1. Uttar Pradesh (U.P.) - U.P. is an attractive destination
for investment for all NRIs/ PIOs. It is one of the largest State of India
in terms of human resources, and extends facilitative environment for
the entrepreneurs for setting up industries. The prospective sectors or
projects for investment in the State are:- roads and bridges; airports;
power generation; electricity and gas distribution; municipal solid waste/
bio-medical waste collection and disposal; convention centre and sports
centre; Multi-purpose container terminals, SEZs, Integrated industrial
townships/ Hi-tech parks; Agri-cold chains, hybrid seeds, wholesale fruits,
vegetables, flower and fish markets, grading centres/ abattoirs; public
transport/ International Class bus terminals and Urban car parking; tourism;
health and education; social housing/ slum development; value added IT
networks/ services; etc.
Further, in the State, for the establishment of industrial
units and development of infrastructure facilities like power, roads,
bridges, etc., large scale foreign investments are needed. NRIs and other
overseas Indians are considered to be the important source for this.
Besides, Uttar Pradesh is the pioneer State to implement
the web-based Single
Table System for the entrepreneurs who want to invest and set up industries
in the State. It has been initiated to provide the entrepreneurs and investors
with all the pertinent approvals/NOCs/registration/license, etc under
"one roof" rapidly and without any delay, so so as to facilitate,
simplify/rationalize as well as to provide congenial industrial environment
for establishment of industries in the State. Over the years, the system
has been made more effective, entrepreneur friendly and web enabled for
the speedy sanction/ processing of approvals/NOCs/Certificates or licenses
etc. from State Government for establishing industrial units. The main
objective of this system is to facilitate the entrepreneurs to access,
fill up and print the required forms from the website and submit these
along with enclosures and required fee etc. in respective District Industries
Center/State Udyog Bandhu.
2. Karnataka - With opportunities in virtually every
facet of today's economy, the State is a veritable treasure trove for
investors. It presents a plethora of investment avenues spread across
diverse industry verticals spanning both products and services sectors.
It presents a scenario marked by dedicated infrastructure, commitment
to growth and path breaking initiatives, thereby holding forth the promise
of growth and wealth creation for investments across the following verticals:-
- Information Technology
- Biotechnology
- Pharmaceuticals
- Engineering
- Automobiles and Auto components
- Manufacturing, Maintenance, Repair and Overhaul services
for Aerospace
- Apparel
- Contract Research / R&D
- Oil Refining and Petrochemicals Food processing
- Steel and Metallurgy
- Infrastructure - Port Development
- Cement
- Electronics and Telecommunications
- Precision Engineering
- Machine Tools
- Floriculture
Karnataka has an impressive record in attracting and retaining
Foreign Direct Investments (FDI), especially in the realm of industrial
investments. It has one of the largest majority of overseas Indians, which
acts as source of huge investments into the State. Constantly on the path
of making the environment more conducive for investments and trade, Karnataka
has been proactive in spearheading initiatives on the Special Economic
Zone (SEZ) front. The Government of Karnataka has been instrumental in
driving growth through SEZ's at various locations across the State.
3. Madhya Pradesh - There is tremendous potential
for taking Madhya Pradesh into the ranks of the industrially advanced
States of the Country. The thrust sectors in the State are:-
- Industry
- Cement
- Auto and Auto Components
- Textiles and Apparels
- Pharmaceuticals
- Engineering and Electrical Equipment
- Chemicals
- Power
- Roads
- Mining
- Agriculture/ Agro Processing
- Tourism
- Forest and Environment
- Logistics
- Herbals
- IT/ITES
4. Punjab - The main investment opportunities in
the State are in the following areas:-
- Information Technology
- Food processing industries
- Industries based on agricultural waste (wheat/ paddy
straw, paddy husk)
- Industries based on the products of social forestry
- Horticulture-based products
- Dairy or Poultry based units
- Leather and Sports goods
- Meat processing
- Automobiles and Farm machinery
- Chemical industries, including drugs and pharmaceuticals
- Electronics and Telecommunications
- Textiles
- Export oriented units
- Engineering industries related to agriculture and food
processing, including ancillary units
- Infrastructure modernization and development
Besides, there are special deals for overseas Indians, such
as, presence of exclusive focal point for NRI entrepreneurs at Mohali;
industrial plots reserved for NRIs at all focal points and industrial
estates in Punjab; and while finalizing proposals for joint ventures/assisted
sector projects, State Industrial Development and other promotional corporations
to give preference to NRI entrepreneurs. Under the Udyog
Sahayak (Directorate of Industries), a special cell provides single
window facility and ensures time-bound clearance of all investment proposals
received from NRIs. This helps entrepreneurs to establish their enterprises
in Punjab as well as ensures that all the formalities regarding setting
up of a unit are cleared as quickly as possible.
5. Odisha - The Government of Odisha has been undertaking
a host of activities with focus on investment and infrastructure, as well
as to create awareness regarding industrial developments and upcoming
investment opportunities in the various sectors in the State such as:-
- Ancillary and Downstream (A&D)
- Infrastructure
- Energy
- IT and ITES
- Technical Education
6. Andhra Pradesh - the State has emerged as one
of the most favoured destinations for real estate or property investment
in India. The key sectors for investment in Andhra Pradesh include:-
- Automobiles and Auto Components Industry
- Biotechnology
- Tourism
- Bulk Drugs and Pharmaceuticals
- Food and Agro based
- Information Technology
- Mines and Minerals
- Textiles and Leather
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