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Industrial Zone in Mumbai

    The city houses important financial institutions such as the Reserve Bank of India, the Bombay Stock Exchange, the National Stock Exchange of India, the SEBI and the corporate headquarters of numerous Indian companies and multinational corporations. It is also home to some of India’s premier scientific and nuclear institute like BARC, NPCL, IREL, TIFR, AERB, AECI, and the Department of Atomic Energy. The city also houses India’s Hindi (Bollywood) and Marathi film and television industry.

    The MIDC (Maharashtra Industrial Development Corporation) has developed Industrial zones in various parts of Mumbai. MIDC is the largest industrial zone in Mumbai’s northern suburb of Maharashtra. It covers an area of more than 20 square kilometers, hundreds of different size foreign and local factories located here.

    MIDC industrial area has obvious geographical advantages, it is very close to the South Mumbai seaport, Mumbai International Airport, which is convenient and has a speed advantage on logistics. In the MIDC industrial estates land, fuels, electricity, water and select raw materials are provided at subsidized rates to priority sector productions / companies.

    Accordingly for the purpose of the revised industrial location policy, the Mumbai Metropolitan Region has been divided into the following zones: –

    Zone I:- Greater Mumbai and areas of Thane Municipal Corporation and Mira-Bhayander Municipal Council

    Zone II:- Kalyan and Navi Mumbai Municipal corporations, Ulhasnagar, Ambernath, Kulgaon-Badlpaur Municipal councils, Bhivandi and Uran sub-regions.

    Zone III:- Remaining areas of the Mumbai Metropolitan Region, excluding areas covered under Zones I and II above.

    Suitable transport and communication facilities are also made available and other conditions are being made favorable for efficient and qualitative industrial productions. Entrepreneurs, laborers and suppliers are now able to identify their ‘interest areas’ easily and can thus have easy access to industrialists. The emphasis here is on tiny, small and medium scale industries as they are high priority undertakings according to the government’s policy. These enterprises are defined by the Indian government according to their investment in plant and machinery.

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