Industrial activity definition expanded; area allocation limits and minimum constructed floor area set for industrial parks. The Scheme expands the definition of industrial activity to include manufacturing, specified research and experimental development, computer software development, and notified IT enabled services; requires at least seventy-five percent of allocable area be for industrial units; caps commercial activity at a limited share of allocable area; restricts industrial units to the defined activities; raises the minimum constructed floor area to fifteen thousand square meters; and corrects the FORM IPS I reference to the National Industrial Classification, 2004 Code.
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Industrial activity definition expanded; area allocation limits and minimum constructed floor area set for industrial parks.
The Scheme expands the definition of industrial activity to include manufacturing, specified research and experimental development, computer software development, and notified IT enabled services; requires at least seventy-five percent of allocable area be for industrial units; caps commercial activity at a limited share of allocable area; restricts industrial units to the defined activities; raises the minimum constructed floor area to fifteen thousand square meters; and corrects the FORM IPS I reference to the National Industrial Classification, 2004 Code.
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