Government proposes 5 more manufacturing zones
07 Feb 2012
The government will facilitate the setting up of five more National Manufacturing Investment Zones over and above the seven manufacturing zones proposed to come up in the Delhi-Mumbai Industrial Corridor.
The government is expected to shortly notify the National Manufacturing Investment Zones, which aim at making India the world's manufacturing hub, Talleen Kumar, joint secretary in the department of industrial policy and promotion in the commerce ministry, said.
''Seven such NMIZs are ready for implementation in the Delhi-Mumbai Industrial Corridor and five more are proposed in different parts of the country,'' Kumar said.
He was addressing the fourth learning convention of Visionary Leaders for Manufacturing organised by the Confederation of Indian Industry.
Each zone, spread over 5,000 hectares, are designed to provide industries a dynamic and competitive global environment.
India suffers from power and transport infrastructure gaps, making its products less competitive and these zones will help overcome these shortcomings, Kumar said.
