The Indian Government will facilitate five more National Manufacturing Investment Zones, according to Mr Talleen Kumar, Joint Secretary, Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, Government of India.
He was addressing the fourth learning convention of Visionary Leaders for Manufacturing organised by the Confederation of Indian Industry.
“Seven such zones are ready for implementation in the Delhi Mumbai Industrial Corridor and five more are proposed in different parts of the country,” Mr Kumar added.
Each zone will be spread over 5,000 hectares, with world-class infrastructure, clean technologies and skill development institutes. The zones will help India overcome power and transport infrastructure gaps, making it more competitive in a dynamic global environment, Mr Kumar said.
On the manufacturing sector, he said, "The Government has set a target of 25 per cent share of GDP growth from manufacturing by 2022 and 100 million additional jobs to make growth inclusive.”