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Economy News, Latest Economic News Today | The HinduBusinessLine

GE, HAL clinch tech deal on joint jet engine plan India rejects USTR allegations, seeks termination of Section 301 probe Indian automobile sales record highest-ever sales in FY26, first time after FY19: SIAM Madhya Pradesh CM says basmati rice from the State is exported to 47 nations 63 Moons’ cybersecurity arm pilots GPS-spoofing solution at Indian airports Highways ministry notifies amendment to streamline fee for overloaded vehicles on NHs Global aviation crisis deepens as fuel shortage, Iran conflict hit airlines TRI launches agri-voltaic project to help farmers earn double income Hotel industry to hit $31 billion in 2029; listed hotel firms set to add 70k rooms by 2030: CBRE Temperatures may trend up over North-West, Central India until weekend Reduction in airport tariff credit neutral, minimal impact on revenue: Ind-Ra Global coffee prices rise as fertiliser costs and West Asia tensions threaten supply Bluspring Enterprises to acquire LSG Sky Chefs India, enters aviation catering sector China says policy to improve relations with India remains unchanged amid Arunachal naming row Research firms divided over impact of below normal monsoon on food inflation Unnat Krishi Mahotsav concludes, farmers to emerge as energy, fuel & hydrogen providers, says Gadkari Airlines may get ₹5,000 crore credit support under proposed ECLGS variant How kashmir’s breakthrough is making Gucchi mushroom farming possible Centre not taking away State’s power on bonus for agri produces, says FM Sitharaman Carriers cut flights on cost pressures, uncertain demand GE Aerospace scales AI from pilots to production; 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CII proposes comprehensive reforms to streamline industrial land management for manufacturing growth
2026-04-20 · via Economy News, Latest Economic News Today | The HinduBusinessLine

The Confederation of Indian Industry (CII) has outlined a comprehensive roadmap to address structural and procedural bottlenecks in India's industrial land ecosystem to accelerate the country's manufacturing growth. In its latest report, titled "CII Land Mission: Framework to Reform Industrial Land Management in India," the industry body emphasized that efficient and transparent access to land is critical for reducing project gestation periods and positioning India as a competitive global manufacturing hub.

The formulation of the report was led by T. V. Narendran, Past President of CII, and involved extensive consultations across various sectors to identify practical challenges and actionable solutions for land management. The report identified industrial land as a foundational input for manufacturing, infrastructure and logistics, yet noted that the current landscape is characterised by fragmented processes and regulatory complexity.

These systemic issues, including unclear land titles and delayed possession, significantly increased the cost of capital and undermined investor confidence, particularly for small businesses and greenfield investments. By assessing the entire lifecycle of industrial land, from identification to post-allocation utilisation, CII highlighted the urgent need for standardized documentation and the elimination of multiple departmental touchpoints.

Chandrajit Banerjee, Director General, CII, stated that "India's manufacturing ambitions under Make in India, National Industrial Corridors, renewable energy expansion and modern logistics cannot be realised unless industrial land becomes predictable, transparent and investment ready. The CII Land Mission provides a practical, implementation-oriented framework that respects social safeguards while enhancing time efficiency, predictability and coordination across the land value chain."

A key recommendation within the roadmap was the creation of a unified, GIS-enabled National Industrial Land Bank. The platform is intended to offer real-time information on land availability, zoning status and title clarity, enabling investors to make informed decisions more quickly. Additionally, the report advocated for a fully integrated digital single-window system for applications.

This system would consolidate approvals, introduce clear service-level agreements, and assign designated case owners to reduce inter-departmental delays. T. V. Narendran, Chairman, CII Land Mission and Past President CII, stated that "The challenge in industrial land is not only acquisition, but readiness and utilisation. Even after allotment, projects get stuck due to possession issues, infrastructure gaps, unclear titles and prolonged downstream approvals. The Land Mission proposals focus on end-to-end reform, right from clean land banks and faster acquisition to utilisation norms, dispute resolution and institutional accountability."

The industry body also drew attention to the wide variation in stamp duty and registration charges across different states, which often distorted investment decisions. To address this, the report suggested a uniform, nationally guided stamp duty for industrial land to improve predictability. To mitigate legal risks, the CII further recommended the nationwide digitisation of land records and the introduction of title insurance. At the institutional level, the proposal included the establishment of a National Industrial Land Council, modelled on the GST framework, to harmonise regulations and monitor implementation across the country.

Published on April 20, 2026