Everything You Need to Know About Industrial Parks in India The second-largest contributor to India's GDP is the industrial sector. Other industries including steel, automobiles, petrochemicals, finance, and information technology are equally important to India's economy, despite the textile sector's largest contribution. However, the industrial sector requires a substantial area of land to conduct its operations, but acquiring industrial properties from State and Central government agencies is challenging for companies, leading to the introduction of industrial parks. In India, industrial parks serve as land plots for business initiatives for Indian entrepreneurs.
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