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India Industrial Land Bank
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India Industrial Land Bank

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The Ministry of Commerce and Industry has announced that the India Industrial Land Bank will achieve pan-India integration by December 2021.

 

About the News

  • Currently, the portal has approximately 4,000 industrial parks mapped across an area of 5.5 lakh hectares of land and serves as a decision support system for investors scouting for land remotely.
  • The industrial land bank has grown in popularity, with its website registering 30 per cent increase in page views each month since April 2021.
  • Budget 2020-21 had provided for pre-investment advisory and information related to land banks, besides facilitating clearances, in order to attract higher investment and increase ease of doing business in India.

 

What is India Industrial Land Bank?

  • Department for promotion of Industry & Internal Trade (DPIIT) has developed India Industrial Land Bank (IIS) portal, a GIS-enabled database of industrial areas/clusters across the country to adopt a committed approach towards resource optimization, industrial upgradation, and sustainability.
  • The portal serves as a one-stop solution to the free and easy accessibility of all industrial information including availability of raw material, agriculture, horticulture, minerals, natural resources; distance from key logistic nodes; layers of terrain and urban infrastructure.
  • The IILB system has been integrated with industry-based GIS systems of 17 states so that details can be updated on the portal on a real-time basis.
  • The land bank can be accessed via its website or a mobile application on Android and iOS. The application and portal do not require visitors to log in to access the information. Information on Land bank is also accessible via Homepage of the Department for Promotion of Industry and Internal Trade (DPIIT), as well as via Invest India website.
  • The initiative is being supported by Invest India, the national investment promotion & facilitation agency, National Center of Geo-Informatics (NCoG), National e-Governance Division (NeGD), Ministry of Electronics & Information Technology and Bhaskaracharya Institute for Space Applications and Geo-Informatics (BISAG).

 

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