Revamping India's Industrial Land: A Vision for Efficiency and Growth

The Confederation of Indian Industry (CII) has suggested setting up a National Industrial Land Council (NILC), inspired by the GST framework, to set national benchmarks, standardize land-related processes across states, and offer a dispute-resolution platform. This is part of CII's comprehensive 'Land Mission' report aimed at addressing systemic inefficiencies in India's industrial land sector.

The report proposes creating a unified, GIS-driven National Industrial Land Bank to provide real-time land details, which could enhance transparency and accelerate investment decisions. It recommends establishing a standardized national stamp duty to reduce costs and prevent investment distortions influenced by regulatory disparities.

The CII also advocates for a digital single-window system to streamline industrial land applications, including documentation, approvals tracking, and service-level agreements. These measures, alongside land digitization and dispute resolution mechanisms, aim to reduce costs, expedite projects, and bolster investor confidence in India's manufacturing and industrial growth goals.