• Welcome to OnlyTech Forums
    An online community for the tech enthusiasts!
    Log in or Register

Good News India to offer huge sums of lands to firms leaving China

iDJ

Elite
Contributor
Joined
23 Aug 2018
Messages
13,318
Reaction score
15,041
India is developing a land pool nearly double the size of Luxembourg to lure businesses moving out of China, according to people with the knowledge of the matter.

A total area of 461,589 hectares has been identified across the country for the purpose, the people said, asking not to be identified because they aren’t authorized to speak to the media. That includes 115,131 hectares of existing industrial land in states such as Gujarat, Maharashtra, Tamil Nadu and Andhra Pradesh, they said. Luxembourg is spread across 243,000 hectares, according to the World Bank.

India Pledges Easy Access to Land for Factories Leaving China
 
Top Bottom