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        News and Press Release

        Setting up National Investment and Manufacturing Zones (NIMZs)

        November 30, 2015

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        Government has granted “in-principle” approval to a total of 20 National Investment and Manufacturing Zones (NIMZs). Of these, 12 NIMZs are located outside the Delhi-Mumbai Industrial Corridor (DMIC) region. These are:

        (i) Nagpur in Maharashtra;

        (ii) Tumkur in Karnataka;

        (iii) Chittoor in Andhra Pradesh;

        (iv) Prakasam in Andhra Pradesh;

        (v) Medak in Telangana;

        (vi) Kolar in Karnataka;

        (vii) Bidar in Karnataka;

        (viii) Gulbarga in Karnataka;

        (ix) Jajpur in Odisha;

        (x) Ramanathapuram in Tamil Nadu;

        (xi) Auraiya in Uttar Pradesh; and

        (xii) Jhanshi in Uttar Pradesh.

        Out of these NIMZs, the Government has granted final approval to the NIMZ at Prakasam in Andhra Pradesh on 6th October, 2015

        Under phase-I of the DMIC project, 8 Investment Regions have also been accorded ‘in-principle’ approval of Government for setting up as NIMZs as per guidelines approved by the Cabinet. These are:

         i. Ahmedabad-Dholera Investment Region, Gujarat

         ii. Shendra-Bidkin Industrial Park city near Aurangabad, Maharashtra

         iii. Manesar-Bawal Investment Region, Haryana

         iv. Khushkhera-Bhiwadi-Neemrana Investment Region, Rajasthan

         v. Pithampur-Dhar-Mhow Investment Region, Madhya Pradesh

         vi. Dadri-Noida-Ghaziabad Investment Region, Uttar Pradesh

         vii. Dighi Port Industrial Area, Maharashtra ; and

         viii. Jodhpur-Pali-Marwar Region in Rajasthan

         The Government of India has approved a fund of ₹ 17,500 crores as a Revolving Corpus for development of trunk infrastructure in the DMIC region. The Government of Japan has announced their financial support for DMIC project to an extent of US$ 4.5 billion in the first phase for projects with Japanese participation through a mix of Japan International Cooperation Agency (JICA) and Japan Bank for International Cooperation (JBIC) lending.

         Apart from twenty NIMZs which have been accorded “in-principle” approval and in which one has been accorded final approval, the Government has received three more proposals for setting up of NIMZ outside the Delhi-Mumbai Industrial Corridor region from Government of Gujarat (Two) and Government of Tamil Nadu (One). The concerned State Governments have been requested for further clarifications/ details about these proposals.

         This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Lok Sabha today.

        In-principle approval for National Investment and Manufacturing Zones advances establishment, funding mechanisms, international financing support, and pending state proposals. The Government granted in-principle approval to twenty NIMZs (twelve outside DMIC) and final approval to Prakasam; eight DMIC Investment Regions were also approved as NIMZs. A Revolving Corpus for DMIC trunk infrastructure was approved and Japan pledged financing through JICA and JBIC. Additional state proposals for NIMZs were returned for further details.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                In-principle approval for National Investment and Manufacturing Zones advances establishment, funding mechanisms, international financing support, and pending state proposals.

                                The Government granted in-principle approval to twenty NIMZs (twelve outside DMIC) and final approval to Prakasam; eight DMIC Investment Regions were also approved as NIMZs. A Revolving Corpus for DMIC trunk infrastructure was approved and Japan pledged financing through JICA and JBIC. Additional state proposals for NIMZs were returned for further details.





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                                ActsIncome Tax
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