Press Esc to close

Nod for two more manufacturing zones in Karnataka

Bangalore, Dec 23, 2013, (IANS): 18:49 IST
''We have approved two more NIMZs for Karnataka at Bidar and Gulbarga to attract investments and create jobs in the manufacturing sector,'' Sharma told reporters here after reviewing projects with Chief Minister Siddaramaiah and senior officials. PTI file photo
The central government cleared Karnataka's proposals to set up two more National Investment & Manufacturing Zones (NIMZ) in the northern region of the state, union Commerce and Industry Minister Anand Sharma said Monday.

"We have approved two more NIMZs for Karnataka at Bidar and Gulbarga to attract investments and create jobs in the manufacturing sector," Sharma told reporters here after reviewing projects with Chief Minister Siddaramaiah and senior officials.

Though the ministry cleared the first manufacturing zone at Tumkur, about 70km from Bangalore early this year, it is waiting for the state's proposal to set up the fourth NIMZ at Kolar, about 100 km from Bangalore.

As part of the new national manufacturing policy, the central government has directed the states across the country to set up NIMZ under the public-private partnership (PPP) to increase the share of the manufacturing sector to 25 percent of the GDP from 16 percent and generate about 100 million jobs over the next decade.

"The NIMZs are envisaged as integrated industrial townships with incentives, infrastructure, clean and energy efficient technology and skill development facilities for productive ecosystem spanning primary, secondary and tertiary sectors," Sharma said.

Each zone will need at least 5,000 acres of land for developing world class infrastructure and road and rail connectivity.

"The ministry has till date approved setting up of 14 NIMZs across the country, including eight in the Delhi-Mumbai industrial corridor," Sharma noted.

The state government's equity contribution will be in the form of land while the central government will provide the infrastructure.

"The upcoming Information Technology Investment Region (IITR) at Devanahalli near the Bangalore international airport will also be given the status of NIMZ to attract investments in the knowledge sector," Sharma said.

The minister reviewed the progress on the Bangalore-Mumbai and Bangalore-Chennai industrial corridors at the meeting with Siddaramaiah.

"We have accepted the state's proposal to extend the Bangalore-Chennai corridor up to Chitradurga, (230km away). The Japanese government, which is partnering with the state government in the project has also agreed for the extension," Sharma said.

Britain is the country partner for the Bangalore-Mumbai corridor, which spreads across 1,000km between the two states and has potential to attract $25-billion and generate 2.5 million jobs.

Go to Top

More from this section
Most trending stories
Photo Gallery
Miss World 2017 Manushi Chhillar and actor Rekha pose for a picture...

Miss World 2017 Manushi Chhillar and actor Rekha pose for a picture...

Actor Sunny Leone gives her measurement for her wax statue to be displayed at Madame Tussauds...

Actor Sunny Leone gives her measurement for her wax statue to be displayed at Madame Tussauds...

A woman dries red chillies at a field in a village near Jodhpur on Thursday....

A woman dries red chillies at a field in a village near Jodhpur on Thursday....

Pope Francis holds a cross that reads in Spanish

Pope Francis holds a cross that reads in Spanish "I give you my peace" upon arrival...

A villager displays a mortar shell allegedly fired on a residential area from the Pakistan...

A villager displays a mortar shell allegedly fired on a residential area from the Pakistan...

A contingent of Territorial Army wait during the Republic Day parade rehearsal at Rajpath...

A contingent of Territorial Army wait during the Republic Day parade rehearsal at Rajpath...

'Boyevaya Machine Pekhoty' tanks seen at Vijay Chowk during the Republic Day parade rehearsal...

'Boyevaya Machine Pekhoty' tanks seen at Vijay Chowk during the Republic Day parade rehearsal...

Artists paint an idol of Goddess Saraswati at a workshop in Amritsar on Thursday...

Artists paint an idol of Goddess Saraswati at a workshop in Amritsar on Thursday...

Cranes lift a Boeing 737-800 of Turkey's Pegasus Airlines in Trabzon, Turkey...

Cranes lift a Boeing 737-800 of Turkey's Pegasus Airlines in Trabzon, Turkey...

Tableaux artists rehearse for the upcoming Republic Day parade at Rajpath in New Delhi...

Tableaux artists rehearse for the upcoming Republic Day parade at Rajpath in New Delhi...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.