AP becomes first State to set up NIMZ
Q. Which Indian state is set to house the first national and investment manufacturing zone/NIMZ?- Published on 22 Sep 15a. TN
b. WB
c. Andhra Pradesh
d. Arunachal Pradesh
ANSWER: Andhra Pradesh
India’s first national investment and manufacturing zone/NIMZ will be housed in AP. The concept has been mooted to boost manufacturing within the nation. DIPP has relaxed the requirement for establishing an NIMZ to 10 square km from 50 square km. NIMZ will constitute a PSV and a developer along with stakes being held by the States and the Centre. In the past 4 years, DIPP has given approval to 12 NIMZs namely Nagpur in Maharashtra; Tumkur, Kolar, Gulbarga and Bidar in Karnataka; Medak in Telangana; Chittor in Rajasthan and Kalinganagar in Odisha, among others. Manufacturing policy has put the onus of the external physical infrastructure construction in NIMZs to provide viability gap funding on the Centre. As per the original plan Andhra Pradesh has estimated that the manufacturing zone will create opportunities for 20,500 direct and 29,200 indirect jobs and attract an investment of over INR 43,500 crore. Andhra Pradesh recently ranked second among Indian states in the WB's recent ease of doing business rankings, second only to Gujarat.
