Industrial Park in Chennai | Industrial parks in India

 An industrial park is an area which is planned for the purpose of industrial development. Traditionally industrial parks in India were popular for heavy industries and manufacturing units but now they are gaining popularity for more traditional office spaces. There are many benefits of locating your office in an industrial park. Infrastructure and support facilities are the main perks of it. The most visible benefit of an industrial park is cost saving. These are usually less costly than typical commercial office space or established retail workspace, industrial park business expenses are minimized by concentrating dedicated infrastructure within the industrial park , which includes high-power electric, roadways, rail, ports,  high-end communications, large-volume water supplies, and high-volume gas supplies. Industrial parks are highly flexible because they are often used for a variety of purposes. This variety leaves much room for negotiation for lease terms, as well as zon...

 Industrial parks are a separate city zone that is specially used for industrial works rather than commercial or residential. These spaces are located mostly on the outskirts of the city or far from the residential areas. The industrial parks are mainly consisting of oil refineries, factories, manufacturing industries and warehouses. Some key features of Private Industrial Parks in India- -Industrial park status varies from states to state, where Mumbai, Bangalore, Chennai etc. have made remarkable progress in developing industrial parks. -Every state has various political and development compulsions which also affect the development and improvement. -Industrial parks in India often lack management and maintenance as it requires -The government primarily promotes-Industrial parks without involving private sector participation (PSP). PSP in the industrial sector has met partial success and has been restricted to India's IT sector. Services by SMIP industrial park Sojitz motherson in...