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The government to provide 4.61 lack hectare land to companies moving from China to India. Many foreign companies want to come out of China after the coronavirus epidemic outbreak.
Now many companies in China are contemplating to shift production work completely or partially out of china. India is also included in the countries where these companies can come
⇰According to a Bloomberg Corporate News report, India is working on providing land to these companies without any hassle. The Government of India has identified 461589 hectares of land in different parts of the country for these companies to establish factories.
⇰This includes the existing industrial land of 115131 hectares. If the Indian government could provide 4.661 lakh hectares of land, it would be almost twice the total area of Luxembourg, a country attractive to foreign countries.
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