Govt notifies 10 mega industrial zones

The government today notified 10 mega industrial zones in different states, a move aimed at boosting the country's manufacturing sector.

"We have notified 10 NMIZs, which are mega integrated townships with world class infrastructure. The biggest one is of the order of 900 sq kms in Dholera (Gujarat," commerce and industry ministry Anand Sharma said at a CII function.

He said the government is taking several steps to increase the share of the manufacturing sector in the GDP to at least 25 per cent by 2020 from the present 16 per cent. In this regard, a National Manufacturing Policy as announced which provides for NMIZs.

The government is offering a host of incentives like exemption from capital gains tax and liberalised labour and environmental norms to promote these zones.

Please read our terms of use before posting comments
TERMS OF USE: The views expressed in comments published on indianexpress.com are those of the comment writer's alone. They do not represent the views or opinions of The Indian Express Group or its staff. Comments are automatically posted live; however, indianexpress.com reserves the right to take it down at any time. We also reserve the right not to publish comments that are abusive, obscene, inflammatory, derogatory or defamatory.