ABSTRACT

Attracting investments and industry is a pursuit that all states within our country are engaged in. Each state is trying to outdo the other in attracting foreign and domestic investment and international and national industry. The Government of India for its part is actively working towards attracting foreign direct investment (FDI) and setting up industries in the country. This joint effort of the Union and State Governments is what is required and ultimately attracts investments and industry to a specific state. The Union Government facilitates and encourages FDI into India and encourages the states to compete for this FDI and consequently establish industry within their respective territorial jurisdiction as industry has to come within a State or Union territory. All states must do a SWOT analysis in order to learn from it and then shape their policies and build their infrastructure, both industrial and social, to provide connectivity, an enabling and comforting environment for the potential investor, and to facilitate industries already situated in the state as its brand ambassadors. All these challenges and opportunities have to be duly and timely addressed. Some solutions would be copybook; many would be unique and innovative. This chapter discusses a mix of administrative strategies to be adopted for planned industrialisation.