Maharashtra Industrial Development Corporation

महाराष्ट्र औद्योगिक विकास महामंडळ

Logo of MIDC
Agency overview
Formed 1 August 1962
Preceding agency
  • Board of Industrial Development (BID)
Jurisdiction Government of Maharashtra
Headquarters Andheri, Mumbai-400093, Maharashtra,  India
Minister responsible
Agency executive
Website www.midcindia.org

Maharashtra Industrial Development Corporation (MIDC) is a project of the government of Maharashtra state in India and is the leading corporation of Maharashtra. It provides businesses with infrastructure such as land (open plot or built-up spaces), roads, water supply, drainage facilities and street lights. Mr. Sanjay Sethi, IAS, is the CEO of MIDC (Maharashtra Industrial Development Corporation).

Economic sectors

MIDC has developed specialised parks based on sectors such as:

Locations

MIDC areas are spread all over the state of Maharashtra. The MIDC started in 1962 with Wagle estate, Thane as its first industrial area.

MIDC's major industrial areas are in:

MIDC's major IT parks are in:

MIDC wine parks:

MIDC Chemical parks:

Nashik Wine Park, Nashik

Nashik Wine Park is a grape wine park administered by the Maharashtra Industrial Development Corporation. It is in the district of Nashik, Maharashtra State, India. It contains 97 plots developed for winery activities with average plot size of 2000 square meters. The role of MIDC is to provide land at reasonable rates and to build infrastructure such as good roads, water supplies, power and telecom facilities and a winery in the park.

In accordance with the Maharashtra Grape Processing Industrial Policy of September 2001 the government of Maharashtra has declared the Nashik Wine Park as a preferential area and a small-scale industry with a 100% exemption from excise duty for ten years and relief in sales tax levels. The government has established a Wine Institute to train the farmers and Maharashtra Grape Board to promote the industry and exports. There are about 34 wine projects in Maharashtra; out of that, 20 are only in Nashik district. The famous names are Sula, Vinsura.

Objectives

History

After the formation of Maharashtra state on May 1, 1960, the government of Maharashtra constituted a "Board of Industrial Development" (BID) on October 1, 1960, under the chairmanship of Shri. S. G. Barve, I.C.S. The committees recommendations received in the industries department were taken up for implementation. As per the Borkar Committee's recommendations, development of Ulhas Valley Water Supply was entrusted to the Board of Industrial Development (BID). The BID framed the legislation; it was introduced before the state legislation and passed in the form of "Maharashtra Industrial Act" which gave birth to MIDC, as a separate corporation on August 1, 1962.[2] A small ceremony at Wagle estate, Thane, under the chairmanship of the Chief Minister Shri Y.B. Chavan, marked the birthday of MIDC on August 1, 1962.[3]

The key historical policy decisions taken by MIDC changed the socioeconomic scenario of the state as its activities spread in the interior. The important policy decision of setting up "independent filtered, potable water supply system of adequate capacity" as essential infrastructure for industrial development was the most intelligent step taken by MIDC in the beginning. It stabilised the population base near the industrial areas. The simultaneously strategic decision taken to provide water supply to nearby population from the capabilities created by MIDC of their own water supply system resulted in phenomenal urban growth in the nearby small towns and villages. The growth of Kalyan complex and Pimpri-Chinchwad are results of this key policy decision taken by MIDC.

Up to date 233 industrial areas are developed by MIDC in Maharashtra on 53120 hectors. With the experience of 45 years, MIDC observed that certain industries are required to be provided some specialized facilities. For the growth of industries and specialized parks/industrial clusters are developed with specialized infrastructure facilities. In this way IT & BT Parks, Wine Parks, Textile Parks, Chemical Zones, Food Parks, Leather Park, Floriculture Park and Electronic Zone etc. are developed by the MIDC.

Considering the international standard facilities required to attract multinational companies, five-star industrial areas are developed by MIDC at nine locations in Maharashtra. Considering the export potential of the products delineated duty-free, which is to be deemed to be foreign territory for the purpose of trade operations and duties and traffics, special economic zones are being developed by MIDC to provide hassle free environment for exporters. Maharashtra got overwhelming 74 Special Economic Zone approvals from the government of India which is in first position compare to other states in India.

The planned and systematic industrial development in the State of Maharashtra has continuously placed Maharashtra in first position in India for the highest productivity, economics performance, business efficiency, government efficiency, infrastructures and overall competitiveness. As per the World Competitiveness Report 2006, Maharashtra ranked 37, ahead of South Korea, South Africa, Philippines, Greece, Brazil, Italy, Russia and Indonesia.

In the state, MIDC has demarcated 57,650 plots and allotted 48,701 plots to entrepreneurs. There are 28918 industries in production. MIDC has provided the water supply scheme 2240.83 MLD capacity and water consumption is 1314.73 MLD in the MIDC areas in the state. MIDC has provided water supply pipelines of 3238.60 km to cater the demand of the industries in Maharashtra. The annual revenue generated from the water supply is Rs.432.00 crores. 2422.82 km of roads are constructed by MIDC for providing good quality approach to the industries. The development expenditure of Rs.3096.75 crores is incurred for the infrastructure works by MIDC.[2]

Activities

The MIDC has been declared as an agent of the state government for carrying out activities in the framework of the MID Act and the MID Rules. These activities are in three broad categories:

Achievements

Proposed Pune International Airport

A brand new Pune International Airport for the Pune metropolitan region has been on the horizon for a long time, and the Government of Maharashtra has entrusted the responsibility to MIDC for executing the Pune International Airport project. The airport would replace the existing Pune Airport. The area under consideration is between Chakan and Rajgurunagar, namely around the villages of Chandus and Shiroli at a distance of 40 km from Pune along the Pune-Nashik National highway (NH-50). MIDC is conducting surveys and completing other formalities to get the required permissions to start executing the project.[5]

See also

References

  1. ↑ "Maharshtra Industries Directory". Maharashtradirectory.com. Retrieved 2011-02-16.
  2. 1 2 History. MIDC History
  3. ↑ http://www.midcindia.org/midcwebsite/investment/midcbrief/midcbrief.aspx?inav=2
  4. ↑ "Maharashtra Directory". Maharashtra Directory. Retrieved 2011-02-16.
  5. ↑ "Pune International Airport Project". Cities.expressindia.com. Retrieved 2011-02-16.

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