Piyush Goyal invites industries to set up base in AURIC

Union Commerce Minister Piyush Goyal invited industries to locate in the modern and well-planned Aurangabad Industrial City (AURIC) in Maharashtra to help power the country’s manufacturing sector. AURIC is a state-centre initiative with dedicated residential spaces and an investment of over Rs 7,000 crore, making it the beacon of industrialisation of the backward Marathwada region. Goyal said that AURIC also plans to develop a MITRA textile park, a mega food park and an international convention centre here, making it a truly global investment destination. Urging investors to come there, the Union Minister said the government is committed to keep logistics costs low and increase the ease of doing business besides doing everything to address the requirements of various stakeholders. Discussing the National Single Window System for Business Approvals, Goyal said the aim is to ensure that a person sitting anywhere in the world should be able to get all approvals to locate their business in India, buy land, or set up business at the click of a button.