PROFILE
| Established
on 1st August 1962, Maharashtra Industrial Development Corporation (MIDC)
is the primary industrial infrastructure development agency of the
Government of Maharashtra. |
 |
A
US $ 10 billion organization, MIDC works on a supply driven concept wherein
it provides plots in industrial areas which are replete with a 5-star infrastructure
and amenities such as:
-
Continuous
water supply
-
Wide well
planned roads network in the Industrial Areas
-
Underground
power lines
-
Pollution
Control / Waste Management Schemes
-
Communication
facilities (telephones, fax, modems)
Moreover,
MIDC has a host of multinational companies as its clientele, of which more
than 50 belong to Fortune 500 list.
Maharashtra
Industrial Development Corporation, popularly known as MIDC, was established
with the basic objective of setting up industrial areas with fully developed
infrastructure all over the Maharashtra for a planned and systematic industrial
development.
Activities and
Future Plans
MIDC
has been appointed as a nodal agency by the Government of Maharashtra for
the implementation of developmental schemes for industrial areas announced
by the Central and State Government.
The
primary activities of MIDC are:
-
Development
of industrial areas by identifying and acquiring land.
-
Preparing
layout with suitable grouping of plots of various sizes and allotment of
plots on leasehold basis.
-
Construction
of roads, drainage system, and provision of streetlights in the industrial
area.
-
Planning,
implementing and managing water supply schemes.
-
Establishing
Common Facility Centres (CFC) by providing accommodations for bank, post
office, telecom facilities, police station, fire station, medical facilities,
eating houses, etc.
-
Establishment
of effluent collection and disposal systems for chemical zones.
-
Implementing
Government/Semi-Government projects.
Currently
every district of Maharashtra has at least one industrial area established
by MIDC. As on 31st March 1997, there were 274 industrial areas notified
by the State Government, out of which 88 are major areas, 63 are State
Government's growth centres, 5 are Central Government's growth centres,
and 118 are mini industrial areas. The total land notified for acquisition
in all these areas is 85,903 hectares. Out of the 274 industrial areas,
272 are in the possession of MIDC.
In
keeping with the industrial policy of the Maharashtra Government, MIDC
plans to undertake the following projects in the near future
-
Development
of mini airports at Sholapur and Nanded and link them with commercial air
service to Mumbai.
-
In every
district, development of mini airports with capabilities to land aircrafts
upto 40 seater capacity, for the use of industrialists. This shall bring
every industrial estate within 100 Kms from its nearest airport.
-
Setting
up infrastructure for aquaculture development in the coastal districts
of Maharashtra as specialized industrial zones.
-
Making
efforts to get the New Industrial Townships Authority declared under the
Maharashtra Municipalities Act, 1965 for different industrial areas.
-
Setting
up industrial townships in order to integrate industrial development with
urban development at select centres in Maharashtra like Nandgaon Peth (Amravati),
Sinnar (Nasik) and Guhagar (dist. Ratnagiri).
Financial Strengths
-
MIDC has
an annual turnover of US $ 10 billion.
-
Being
dedicated to improve and upgrade Industrial Infrastructure in the State.
-
MIDC is
empowered with special dispensation under the special enactment's MID ACT
- 1961.
Development Expenditure
(approx. INR 40=1US$)
Industrial
Areas including growth centres INR 47 Billion
Sheds,
Galas & Industrial housing
INR 11 Billion
Water
supply schemes
INR 45 Billion
Drainage
schemes
INR 8 Million
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