NATIONAL INVESTMENT & MANUFACTURING ZONES (NIMZs)

Dec. 28, 2018

Union Minister of State of Commerce and Industry informed Lok Sabha about the status of National Investment & Manufacturing Zones (NIMZs).

About:

  • Parent act: National Investment & Manufacturing Zones (NIMZs) are one of the important instruments of National Manufacturing Policy, 2011.

  • Objective: NIMZs are envisaged as large areas of developed land with the requisite eco-system for promoting world class manufacturing activity.

  • Present status:
    • So far, three NIMZs namely Prakasam (Andhra Pradesh), Sangareddy (Telangana) and Kalinganagar (Odisha) have been accorded final approval and 13 NIMZs have been accorded in-principle approval.

    • Besides these, eight Investment Regions along the Delhi Mumbai Industrial Corridor (DMIC) project have also been declared as NIMZs.



Source : PIB