The functions of the Corporation shall be—
(i) generally to promote and assist in the rapid and orderly establishment, growth and development of industries in the state and
(ii) in particular and without prejudice to the generality of clause (i),
(a) to develop industrial areas selected by the Government for the purpose for which it was selected and make them available for the undertakings to establish themselves;
(b) to establish, maintain, develop and manage industrial estates at places selected by the Government;
(c) to identify appropriate industrial sites, acquire them and tie up the required infrastructure facilities, like power, water, roads, communications, drainage and pollution abatement systems, industrial sheds for small scale units and wherever required, social infrastructure like industrial housing and common amenity buildings for banks, post offices, hospitals, fire stations and the like;
(d) to co-ordinate with other government departments or agencies to ensure provision of good quality infrastructure facilities, within the shortest possible time;
(e) to allot the developed plots or sheds to entrepreneurs on terms and conditions as may be determined by the Corporation;
(f) to upgrade the facilities of the existing industrial estates or industrial areas transferred to the Corporation;
(g) to undertake schemes for providing the industrial units with such structures and facilities as may be necessary for their orderly establishment, growth and development;
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(h) to procure land on behalf of medium or large scale industries outside the industrial estates or industrial development areas by purchase, lease or exchange from any person;
(i) to act as a single point contact for clearance required from different agencies or departments;
(j) to promote, organise, sponsor or undertake schemes or works either by itself or jointly with other corporate bodies or institutions or with the Government or local authorities or on an agency basis in furtherance of the purposes for which the Corporation is established and all matters connected therewith;
(k) such other functions as are necessary in furtherance of the objects of the Corporation.