Infrastructural Set up

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An individual / entrepreneur also needs to decide the location where his business would be set up. It is essential to determine the need for basic infrastructural facilities for commencement of operations. Setting up an infrastructure includes the following:

• Purchase of land for building construction
• Acquiring raw materials required
• Sourcing the technology, workforce, machinery etc
• Getting basic water, electricity and other connections

The individual must also get information about the incentives and concessions being offered by the state government. These include land and building tax concessions, provision of land at cheaper or concessional rates, power subsidy, transport subsidy, etc.

After the location for setting up the business is finalized, the manufacturer can approach concerned state / local authorities including Public Works Department, Municipality, etc for acquiring land and availing other facilities

It is must for the individual to get the plan or layout of his factory approved from the concerned authorities. This is mandatory for all companies whether small, medium or large sized. The structure can then be raised according to the approved plan or layout.

On commencement of the building construction, the person in concern can take the help of an architect to make the building as per the plan. Based on the report of the architect regarding the cost of construction, an entrepreneur can also apply for loan from different public and private sector banks.

A manufacturer can start his production facility after meeting all the necessary requirements.