(The Gist of PIB) National Investment and Manufacturing Zone [JULY-2019]

National Investment and Manufacturing Zone

• Government has granted final approval to National Investment and Manufacturing Zone (NIMZ) in Kalinganagar, Jajpur district, Odisha.

About:

• National Investment and Manufacturing Zones (NIMZs) are one of the important instruments of National Manufacturing Policy, 2011.
• NIMZs are envisaged as large areas of developed land with the requisite eco-system for promoting world class manufacturing activity.
• So far, three NIMZs namely Prakasam (Andhra Pradesh), Sangareddy (Telangana) and Kalinganagar (Odisha) have been accorded final approval.

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Courtesy: PIB