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Viability
of minerals:
Bilaspur has got good deposits of Bauxite, white stone, dolomite, Copper,
Granite etc. These mineral resources offer good scope for new industries.
Well
established network of Electric power: Power is available on comparatively
low cost from other states and All villages of Bilaspur district are
electrified through LT, HT and EHT power feeders.
Industrial
Estate/Growth Center: District has developed growth center
at SIRGITTI & TIFRA with required amenities for future scope of new
Industrial Units.
Proximity
to Raipur: Capital city Raipur & Airport at Raipur is just 120Km
away from Bilaspur. Raipur & Durg being good business center offers
better marketing facilities for units located in adjacent districts.
Presence
of Financial Institutions: Almost all Banks have their branches in
Bilaspur. Presence of these banks and financial institution in the
district makes it easy for the entrepreneurs to avail required financial
assistance.
Man
Power, Brain Power: District possess an abundant reserves of trained
man power with high literacy level both in skilled and unskilled
industrial operation.
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Scarcity
of Primary raw material: Primary raw materials have to be brought from
other states, Which result in cost of production.
Large
number of Licenses & clearances: Statutory
hurdles of large numbers of certificates, licenses, clearances etc. from
Government.
Lack
of Proper Database: District
lacks proper data bank and hence Entrepreneurs are unable to identify
products in accordance with market needs, their skills, availability of
raw material etc.
Technical
education facilities are not well developed in the district.
Agriculture
is main activity of district. farmers are not interested in industrial
activity.
Increased incidences of sickness: High rate of sickness in
industrial sector is causing considerable concern to new entrepreneurs.
Lending
polices of Commercial Banks: one draw back of lending policy of schedule
banks is that separate quota for SSI sector has not been fixed. Hence SSI
sector does not get the due share of priority sector advances. Lack of
developmental approach and professionalism in lending institution is a
major cause for the slow pace of development.
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Development
of agriculture sector: establishment of agro-based industries well in tern
provide opportunities for development of agricultural products such as
fruits and vegetables.
Relief
to unemployed and skilled work force: Skilled
work force is cheap setting up of industries will provide employment opportunities
to cheap vast skilled workforce.
Electronic
industries: Moderate climate and availability of highly skilled man power
will provide opportunities for electronic industries and computer related
activities such as software development.
Overall
development of district: Development of industrial sector will influence
overall development of region and thereby improving standard of living of
local population.
Herbal
and Horticultural Resources can be commercially exploited.
Proximity:
Raipur
and Durg districts are well developed cities and known as the industrial
cities in CG state is near to Bilaspur district.
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Ecological Imbalance: There is possibility of
creating an ecological imbalance because of felling of trees, changing
topography of land, utilization of large quantities of ground water etc.
Existence unorganized competition in agriculture
sector.
Air water and sound pollution: Creation of
unacceptable levels of pollution in water, air and sound etc. by industry
can be hazardous to men and animals.
High cost of living: Influx and migration of large
work force may create pressures on land, housing and other facilities.
cost of land and construction cost of buildings may go up. Resulting high
cost of living may be unbearable to existing local people.
if proper investment climate is not provided, capital
might get diverted and get sunk in un-productive assets. This will cause
capital squeeze for new projects. also money will remain as deposit rather
than put to productive purpose.
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