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Entrepreneurs turn to Pithampur, Meghnagar for setting up industries

DNIND28254 | 4/30/2014 | Author : dna correspondent | WC :338



With stringent Land Acquisition Act making fresh land acquisition tougher than ever before, entrepreneurs from different states are turning towards industrial estates like Pithampur (Dhar) and Meghnagar (Jhabua) that have ready to possession industrial land plots.
Due to exorbitant compensation provisioned by the Act, fresh land acquisition has turned very tough for the industries and other sectors.
However, industrial areas like Pithampur and Meghnagar have sufficient empty land plots due to the recent removal drives undertaken by the AKVN Indore against defunct or violator industries. AKVN, Indore has recently received as many as 20 land applications from entrepreneurs hailing to states like Maharashtra, Gujarat and Uttaranchal
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