- Andhra Pradesh is set to house India’s first National Investment and Manufacturing Zone (NIMZ) over the 10km of land in Prakasham district.
- Department of Industrial Policy and Promotion (DIPP) has relaxed the requirement of land for setting up an NIMZ, from 50 sq km to 10 sq km.
- DIPP has approved totally 12 NIMZs till now. The NIMzs are namely Nagpur (Maharashtra), Medak (Telangana), Chittor( Rajasthan), Kalinganagar (Odisha) and Tumkur, Kolar, Gulbarga, Bidar in Karnataka etc.,
- Andhra Pradesh has estimated that the NIMZ would create opportunities for 20,500 direct jobs and 29,200 indirect jobs and attract an investment of over Rs 43,500 crore.
Sunday, October 11, 2015
First NIMZ to come up in Andhra Pradesh
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