NATIONAL INVESTMENT AND MANUFACTURING ZONE (NIMZ)

June 29, 2019

Minister of Commerce and Industry informed Rajya Sabha that Government has granted final approval to three NIMZ – one in Kalinganagar, Jajpur district of Odisha, another in Prakasam district of Andhra Pradesh and a third in Sangareddy district (erstwhile Medak district) of Telangana.

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.

Source : PIB