Home » Commerce and Industry » Establishment of NIMZs 

Establishment of NIMZs 

National Investment & Manufacturing Zones (NIMZs) are one of the important instruments of National Manufacturing Policy, 2011.  NIMZs are envisaged as large areas of developed land with the requisite eco-system for promoting world class manufacturing activity. 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.

The main objective of Special Economic Zones is promotion of exports, while NIMZs are based on the principle of industrial growth in partnership with States and focuses on manufacturing growth and employment generation. NIMZs are different from SEZs in terms of size, level of infrastructure planning, governance structures related to regulatory procedures, and exit policies.

This information was given by the Minister of State of Commerce and Industry, C. R. Chaudhary, in a written reply in the Lok Sabha.

About Indianindustry Media

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

Government Notifies Two New SEZs in Puducherry

The Government has notified two new Special Economic Zones (SEZs) in the Union Territory of ...

India Targets $1 Trillion Exports This Year, $2 Trillion in Five Years: Union Commerce and Industry Minister Shri Piyush Goyal

Union Minister of Commerce and Industry Shri Piyush Goyal today said that India has set ...

Odisha leaps forward to deep-tech project:  Inaugurates the first Semiconductor unit under ISM

India is breaking ground on its first advanced glass chip packaging unit in Odisha hoping ...

Prospects of Sunrise Industries in Odisha

Odisha is now a favoured destination for investors for setting up of various sunrise industries. ...

Over 7.83 crore enterprises registered on Udyam Registration Portal (URP); growth trend indicated

A revised definition based on the composite criteria of investment and turnover, was adopted to ...

India’s Total Exports Rise to USD 714.73 Billion in FY 2025–26 (Apr–Jan)

India’s trade performance has remained robust and resilient, with exports recording a steady upward trajectory ...

DEEP-SEA MINING

MATSYA-6000 has been successfully designed and completed wet/harbour trials demonstrating functionality (including floatation, vehicle stability, ...

NICDC to Anchor Implementation of BHAVYA Scheme for Development of 100 Industrial Parks

The National Industrial Corridor Development Corporation (NICDC), under the Department for Promotion of Industry and ...

PROGRESS OF SCHEME ON ENHANCEMENT OF COMPETITIVENESS IN INDIAN CAPITAL GOODS SECTOR

Scheme for Enhancement of Competitiveness in the Indian Capital Goods Sector- Phase-II has a total ...

QUICK ESTIMATE OF INDEX OF INDUSTRIAL PRODUCTION AND USE-BASED INDEX FOR THE MONTH OF JANUARY 2026

(BASE 2011-12=100) Index of Industrial Production (IIP) recorded a 4.8 % year-on-year growth in January ...