{"id":861,"date":"2010-03-10T05:04:03","date_gmt":"2010-03-09T23:34:03","guid":{"rendered":"http:\/\/www.bharatestates.com\/blog\/?p=861"},"modified":"2020-06-15T14:51:15","modified_gmt":"2020-06-15T09:21:15","slug":"maharashtra-industrial-development-corporation-midc-pune","status":"publish","type":"post","link":"https:\/\/www.bharatestates.com\/blog\/maharashtra-industrial-development-corporation-midc-pune\/","title":{"rendered":"Maharashtra Industrial Development Corporation (MIDC) Pune"},"content":{"rendered":"

\"\"Maharashtra Industrial Development Corporation (MIDC)<\/strong> is a project of the Government of Maharashtra State, India. It 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. MIDC<\/a><\/strong> has come up with industrial areas, to initiate action for infrastructure and help entrepreneurs set up the industrial units in those areas. 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<\/strong> right in the beginning. It stabilized the population base near the industrial areas. The strategically wise decision taken simultaneously to provide water supply to nearby domestic population from the capabilities created by MIDC<\/strong> of their own water supply system resulted in a phenomenal urban growth in the nearby small towns and villages. The growth of Kalyan complex and Pimpri-Chinchwad<\/a> are results of this key policy decision taken by MIDC<\/strong>. Thus MIDC has changed the social economic scenario of the state as its activities spread in the interior.MIDC<\/strong> has provided some specialized facilities for the growth of industries and accordingly 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 MIDC<\/strong>.Considering the International standard facilities required to attract multinational companies, five star industrial areas are developed by MIDC<\/strong> at 9 locations in the State of Maharashtra. Considering the export potential of the various products specifically delineated duty free enclave 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<\/strong> to provide hassle free environment for exporters. The properties like plot, built-up sheds and built-up warehouses are leased out by MIDC<\/strong> for industrial, commercial or residential purposes.Economic sectors<\/strong>MIDC has developed specialised parks based on sectors such as:\u2022 Automobiles and Auto Components\u2022 Biotechnology\u2022 Consumer Durables\u2022 Chemicals\u2022 Engineering\u2022 Electronics Hardware\u2022 Information Technology\u2022 Petrochemicals\u2022 Pharmaceuticals\u2022 Transportation\u2022 Textile\u2022 WineObjectives<\/strong>\u2022 Set up Industrial Areas for planned and systematic industrial development\u2022 To function as a special planning authority in development of industrial areas\u2022 “Prosperity to all through Industrialisation” is the corporate philosophy of MIDCActivities<\/strong>The MIDC has been declared as an agent of the state government for carrying out activities within the framework of the MID Act and the MID Rules. These activities are in three broad categories:\u2022 Acquisition and disposal of land.\u2022 Provision of infrastructure facilities.\u2022 Providing services \u2014 supply of potable water from MIDC’s own water treatment plants, maintaining roads, street lights, drainage lines etc.Category Wise Industrial Areas\u2022 5 star industrial area\u2022 Growth Center\u2022 Major industrial area\u2022 Mini Industrial areaMIDC Locations:<\/strong>MIDC first became operational in the year 1962 with Thane (Wagle Estate) as its first industrial zone. Since then MIDC has spread out across the entire State of Maharashtra.MIDCs are located in the following regions of the State:<\/em><\/p>\n