An industrial park (also known as an industrial estate or a trading estate) is a designated area for the growth of industry. An industrial park is a more "heavyweight" variant of a business park or office park, with offices and light industry instead of heavy industry. An industrial park is a section of the city designated for industry rather than residential or commercial purposes.
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Oil refineries, ports, warehouses, distribution centres, and industries may all be found in industrial parks. Tax incentives, such as tax increment financing, are available in some industrial parks to encourage businesses to move there. A city part that has been designated, planned, and zoned for industrial growth is known as an industrial park. An industrial park is a type of Business Park or office park that includes offices as well as light industry.
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Chemical plants, airports, and beverage manufacturers are examples of enterprises that provide manufacturing, transportation, and storage services in an industrial park. Industrial parks can be beneficial in bringing together businesses that provide complementary services and features.
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Advantages of Industrial park:
Industrial parks are frequently found on the outskirts of, or outside, a city's main residential area, and are usually well-served by public transportation, including road and rail. The enormous number of industrial estates along the River Thames in London's Thames Gateway district is one such example. Industrial parks are frequently built near transportation hubs, particularly when many lines of transportation, such as highways, railroads, airports, and ports, intersect.
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A water tower is another prominent component of a North American industrial park. It helps to hold enough water to meet the park's demands and for firefighting purposes, as well as advertising the industrial park and town, as the name and logo of the community are usually painted on its surface.
This concept of setting aside property through zoning serves numerous purposes:
· By concentrating specialized infrastructure in a defined region, to lower the per-business cost of that infrastructure.
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· Roadways, railroad sidings, ports, high-power electric supplies (typically containing three-phase electric power), high-end communications cables, large-volume water supplies, and high-volume gas lines are examples of this type of infrastructure.
• Providing an integrated infrastructure in one area to attract new company.
• Industrial Parks' eligibility for perks.
• To separate industrial uses from urban areas in order to limit the industrial uses' environmental and social impact.
• To offer for customized environmental controls tailored to the needs of a given industrial region.
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Rising Demand of Industrial Park:
Estimating demand for an industrial park is difficult because the existence of an industrial park (IP) is a catalyst for industrial investment in the surrounding area. Another difficulty is to divide the total planned industrial investment into units that will most likely be situated inside IPs and those that will most likely be located outside IPs.
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Small to medium units have historically been more likely to be found in IPs. Government policies also have an impact on demand for industrial parks. An IP-friendly approach should encourage greater investments to be made in industrial parks rather than isolated businesses. The demand for industrial parks can be thought of as derived, with anticipated industrial investment serving as the driving force.
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As previously stated, the need for industrial parks is determined by the amount of industrial investment anticipated in the state. Demand was calculated using estimates about industrial growth, project investment to land area norms, project phasing, and the chance of stated or proposed projects being completed.
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Key Players:
• Ansal Landmark Townships Pvt. Ltd.
• Cessna Garden Developers Pvt. Ltd.
• D L F Garden City Indore Pvt. Ltd.
• Entertainment City Ltd.
• Godrej Garden City Properties Pvt. Ltd.
• Himachal Textile Park Ltd.
• Industrial Township (Maharashtra) Ltd.
• Infinite Infopark Ltd.
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