NIMZ » About NIMZ

The Central government in October came out with their new industrial policy named NIMZ(National Investment & Manufacturing Zone). Under the policy cleared after months of debate, at least seven NIMZs are proposed to be set in west & south. The seven proposed zones are:

Ahmedabad-Dholera (Gujarat) 900 sq. km,
Shendra-Bidkin (Maharashtra) 84 sq.km,
Manesar-Bawal (Haryana) 380 sq.km,
Khuskhera-Bhiwadi-Neemrana (Rajasthan) 150 sq.km,
Dighi port area (Maharashtra) 230 sq.km,
Dadri-Noida-Ghaziabad (UP) 250 sq.km,
Pithampur-Dhar-Mhow (MP) 370 sq.km.
These zones will be greenfield integrated industrial townships with a minimum area of 5000 hectares. The NIMZ will be managed by a special purpose vehicle, headed by a government official & having experts from those in environment. The industrial township will be autonomous & self governed bodies. Single window clearance will be provided for all regulatory cleareneces.

Dhoelra being already declared as an SIR is best positioned to take benefit of the new policy. This zone is also the largest among all the seven proposed zones. Gujarat also being the most proactive government is set to make the most of the opportunity. The State government is already studying the finer details & are planning to align their own SIR policy with it.

The new policy seeks to raise the sector's contribution to GDP and create 100 million jobs over a decade. "The NIMZ seeks to enhance the share of manufacturing in the GDP to 25% within a decade and create 100 million jobs as part of the inclusive growth agenda of the UPA," commerce minister Anand Sharma said after the cabinet meeting.

At present, manufacturing contributes 15% to 16% to the country's GDP. Close to 20 million people are added to the country's work force every year, for which employment opportunities need to be created. The prime minister had approved the policy in June but the details took long to settle because of inter-ministerial differences.

Industry welcomed the new policy. "The Policy is one of the most significant developments since the economic reforms of 1991, and is poised to transform the industrial landscape in the country," ITC chairman YC Deveshwar said, adding, "the move will power a new paradigm of competitive growth in the country".

FICCI secretary Rajiv Kumarsaid, "We are very pleased that the manufacturing policy has been passed and hope it will be implemented immediately. State Governments should take up the opportunity to build NMIZs, which will provide a fillip to manufacturing."