Maharashtra Industrial Development Corporation
| महाराष्ट्र औद्योगिक विकास महामंडळ | |
Logo of MIDC
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| Agency overview | |
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| Formed | 1 August 1962 |
| Preceding agency |
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| Jurisdiction | Government of Maharashtra |
| Headquarters |
Andheri, Mumbai-400093, Maharashtra,  India
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| Minister responsible |
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| Agency executive |
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| 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).
MIDC has developed specialised parks based on sectors such as:
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 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.
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. 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.
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Wikipedia