Indore, June 3 (KNN) With the poor response of new industrial belts developed on the outskirts, the industry department in Madhya Pradesh has shifted its focus on land pooling policy in and around Indore to attract fresh investments.

Madhya Pradesh Industry Development Corporation (MPIDC) has started adopting land pooling policy in areas in and around 100 kms of Indore to development into industrial belts.

According to a media report, MPIDC Indore's head Kumar Purushottam said, “Now the focus is on adopting land pooling policy so that fresh investments can be attracted. Industries do not want to set up facilities in far-off areas looking at which we have plans to expand industrial belts near Indore”.

District Industries Centre (DIC) will look after industrial belts located on the outskirts, as per MPIDC official.

Industry participants said, high development charges at new industrial belts are Rs 1,400 per sq metre as against Rs 695 per sq metre for Pithampur that houses around 1,500 industries and the largest revenue generator in the state.

Purushottam said, “DIC will look after the areas developed on the outskirts, while MPIDC will focus on areas in 100 km diameter of Indore.”

Purushottam said, “Most of the demand is pouring in for Pithampur and adjoining areas. We have already initiated the plan and will soon start adopting land pooling policy in some areas.”

Pithampur, state’s largest industrial belt, its being expanded by acquiring land in the vicinity to develop around 5000 hectares into integrated industrial sectors equipped with basic infrastructure.