National Investment and Manufacturing Zones (NIMZ)

• Each NIMZ is an integrated industrial township in minimum 5000 hectare (50 KM²) area. At least 30 per cent of the total land area would be devoted to manufacturing units
• It is a self governing body declared / notified / sanctioned in official gazette by Central Government (DIPP) as “Industrial Township” under Article 243Q(c) of the constitution. No separate legislation / law is needed to be passed to establish an NIMZ.
• An NIMZ is managed by a Special Purpose Vehicle (SPV) (dedicated company for this cause only). The partners in NIMZ are that Special Purpose Vehicle, a developer, State Government and the Central Government. The SPV is headed by a Central / State Government.
• Land is provided by State governments. Barren and wastelands are preferred. If the land is to be acquired, this work is to be done by state governments. The policy calls for minimum use of fertile and agricultural land. It should not be within any ecologically sensitive area or closer than the minimum distance specified for such an area.
• The external physical infrastructure linkages to the NIMZs including Rail, Road (National Highways), Ports, Airports, and Telecom are to be provided by Central Governments.
• The focus industries in NIMZ include employment generating industries such as textiles and garments; capital goods; industries with strategic significance; SMEs; PSUs and the industries where India has a competitive advantage.
• The policy proposes establishment of a Technology Acquisition and Development Fund (TADF) for acquisition of appropriate technologies including environment friendly technologies; creation of a patent pool; and development of domestic manufacturing of equipments used for controlling pollution and reducing energy consumption.