Five More Manufacturing Zones To Be Set-Up Under NMP (08-Feb-2012)
With a view to give manufacturing sector an impetus and increase its share in the country's gross domestic product (GDP), the government is planning to set up an additional five National Manufacturing Investment Zones (NIMZs) in the country apart from the already approved seven, which are ready for implementation under the National Manufacturing Policy (NMP).
Talleen Kumar, Joint Secretary, Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, has stated that at present manufacturing sector contributes only 16% to India's GDP. The government wants the share to increase to 25% by 2022. It also expects manufacturing to provide additional 100 million jobs to make growth inclusive. By adding further, he said, with this vision in mind, it is proposed that an additional 5 NIMZs be set up along with the Delhi-Mumbai Industrial Corridor (DMIC), which is already under implementation. The 5 news NIMZs are proposed to be set up in different parts of the country.
The NIMZs will be spread over 5,000 hectares each with world class infrastructure and clean technologies and skill development institutes. In dynamic global environment, India suffers from power and transport infrastructure gaps, making its products less competitive and these zones will help overcome these shortcomings. It is proposed that these zones will be managed by special purpose vehicles (SPVs), which will have representation from the Centre as well as the states apart from private developers, and will be headed by a senior state official.
The SPVs will undertake massive planning and strategies, select the developers, obtain environmental clearances, levy charges for infrastructure, promote investment and implement the resettlement and rehabilitation package. Further, it will be the responsibility of the respective States to provide land, water, power and infrastructure while the Centre will bear the cost of master planning, improved external infrastructure and linkages and also provide skill development facilities.
On the development in the Delhi-Mumbai Industrial Corridor project, Kumar said, 'we are in talks with the Gujarat and Maharashtra to set up SPVs for constructing industrial townships. The first phase of cities will come by 2019.'
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