An industrial estate provides seneral benefits to the entrepreneurs. First, it offers factory accommodation at a low cast. They do not have to make huge capital investment and need not incur cost of survey or finding a suitable location of the plant. Secondly, all service and facilities, e.g., banking transport, warehousing, insurance, are easily available to all the units at subsidized rates. Thirdly, all the member units enjoy the external economies, protection and assistance from public authorities and the government. Capital investment and risks of entrepreneurs are considerably reduced due to the provision of large variety of service and infrastructure by the sponsoring authorities. Lastly, an industrial estate offers social advantage. It help in the planned development of all regions, in promoting spirit of cooperation and joint effort, in generating employment on a large scale and in removing poverty and in improving the standard of living of the people.
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