Minister of Industries Satyendar Jain on Tuesday convened a meeting with the industrial associations of Delhi and addressed their concerns regarding the recent notification implemented by the Delhi Government.
The industrial associations thanked Jain for the game changing policy, saying that the decision will help the expansion and growth of the industrial sector in Delhi.
Jain said that if an entrepreneur wants to change his industry, he will not be charged a conversion fee; the Delhi government has decided to waive it. All industry associations appreciated the Delhi government for the new policy.
"As per the amendments in the Master Plan - 2021, hi-tech industries will be set up in the new industrial areas, something which we were trying to do for the last four years. These sectors were not legally allowed to be set up in traditional industrial areas earlier. We have now got these areas legalized due to which the old industrial areas can operate both new hi-tech services and old services, and new industrial areas can only set up hi-tech offices,” he said.
The minister further said that the old industrial areas will have the option to shift to new sectors. “In the new industrial sectors, CAs, lawyers, and media offices can be opened, computer hardware and software industries, industries doing systemic integration, industries integrating and manipulating the interfaces of computer and telecom facilities, IT service, internet, and email provider, ITES services, customer interaction services, call centres, email helpdesk, back-office processing, finance and accounting, insurance claims, HR services, business processing, software extensions, media offices, and educational services can be opened,” he added.
“We have increased the Floor Area Ratio (FAR) of certain industrial plots irrespective of their sizes. The new FAR has been approved as per industrial standards," he said.
As per the notification issued recently by the Central government, only hi-tech and service industries will be allowed to operate in all the new industrial areas in Delhi.
Jain further said that the old industries will not have to pay any conversion charges upon shifting to new industries.