GIDC functions for all practical purposes like a core corporate house.

GIDC's
estates are marked with a difference from the normal private estates/ areas in a way
that over a passage of time; the conglomeration becomes a full - fledged industrial
township. The advantage to be apart of GIDC are:

Why GIDC ?

GIDC ESTATE - THE LIFELINE OF INDUSTRIES:

1. GIDC land is for industrial purpose. So no need to waste time on getting Non-
Agricaltural./ N.O.C.

2. GIDC establishes its estates after verifying the viability and availability of water,
power, linkages, communication, disposal of waste water etc. So the entrepreneur
gets a really developed and planned area

3. GIDC estates are provided with required amenities like school, bank, post office,
dispensary, police chowky, community garden, garden etc.

4. The chemical estates of GIDC are approved centres for chemical industries by
Gujarat Pollution Control Board (GPCB)

5. All titles related to land/ building within GIDC estates are clear and free from any
encumbrances and are easily marketable

6. An entrepreneur can start the industry by paying only 30 % of the total cost as
down payment and can pay remaining amount in a period of 10 years.

7. GIDC provides ready to occupy sheds for immediately starting an industry and
also provides godown for storage of its material

8. GIDC, being a Government organization, is transparent and fair in fixation of the

prices of land/ building. The prices so fixed are approved by all financial
institutions for quick approval of loans

9. GIDC also provides sites/ land for solid waste disposal and CETPs and effluent
disposal pipeline for disposal of liquid effluent which can be collectively used by
the entrepreneur

10. GIDC estates, one declared as Notified Area, are free from payment of local taxes
and octroi. The Notified Area Tax payable in such area is only for maintenance
and repairs purpose and is very reasonable

11. GIDC estate provides a unique opportunity to an entrepreneur to avail cluster

benefits related to raw material, market, technology, common services, linkages
etc.
 12. Any upgradation program undertaken in GIDC estate provides direct advantage to
all industries located therein.

13. GIDC provides special services in acquiring and allotting land on agency basis to
large enterprises.

14. GIDC allots land on out of turn priority to existing units, land loosers,
SC/ST/SEBC applicants, Ex- army personnel, NRIs, 100% EoU, lady
entrepreneur and joint sector projects. 25% and 15% concession in land price is
given to land loosers and remaining categories respectively. Subsidy in scrutiny
fee and reduced down payment are the additional concessions offered to this
category.

15. GIDC provides 3% rebate on the balance loan amount if the unit makes full
payment of the allotted property

GIDC operates and maintains industrial estates in various districts of Gujarat State.
These estates are self-contained sanctuaries capable of sustaining a large number of
industries within themselves.

Gujarat State is divided into "Districts" which are further sub-divided into "Talukas". All
across the state, GIDC has planned for 252 Industrial Estates of which 171 are developed
and functional.

For Chemical and Water intensive industries, estates are under development at Vilayat,
Jhagadia and Dahej near Bharuch. A similar mega estate for Engineering and non-water
intensive industries is under way at Savli near Baroda.

STP - Gandhinagar is established by the Department of Electronics, Government of India

in GIDC Gandhinagar Electronic Estate which is a pollution-free city with peaceful work
culture unique to the state of Gujarat.

A GIDC estate can be notified as a "Notified Area", to function as an independent body,

thereby avoiding multiple taxation problems. Notified Areas do not come under the
jurisdiction of local self-governing bodies. Some industrial estates converted into Notifies
Areas include Vapi, Ankleshwar, Petrochemical Complex in Baroda, Umergaon, Sachin,
etc.

GIDC is developing a state of the art Petrochemical Complex at Dahej located at about
45 kms. from Bharuch city. The Dahej Industrial Park will have facilities like private
airstrip, effluent collection and disposal, etc. with a liquid chemical port and railway line.
Moreover, GIDC has planned setting up of chemical estates at Moti Khavdi, Bachau and
Mundra in Kutch, Pipavav in Amreli, Vansi Borsi in Navsari, Khambhat in Anand,
Dholera in Bhavnagar, Pinjarat in Surat, Padra in Vadodara and Kalgam-Maroli in Valsad
districts of Gujarat.