Govt to announce details of four Mega Industrial Zones soon: Anand Sharma

NEW DELHI: The Central government will soon declare the details of four Mega Industrial Zones that will be developed along the Delhi-Mumbai Industrial Corridor in the states of Maharashtra, Rajasthan, Andhra Pradesh and Gujarat after the assembly polls get over, said Mr Anand Sharma, Union Minister for Commerce & Industry and Textiles.

This statement has come while Mr Sharma has been delivering the valedictory address at the conclusion of 84th Annual General Meeting of FICCI.

He has also said that the Delhi Mumbai industrial corridor project would be funded by India and Japan. It is likely to be beneficial for the economies of the seven states via which the corridor will run. It will helping those states more which have moved faster on establishing the mega industrial zones.

Mr Sharma has stated that its execution will be one of the priority areas for the UPA government since it is through this policy measure that Centre has promised to develop 100-million jobs in upcoming ten years.

Meanwhile, he also suggested India Inc to get rid of its sense of despondency which have come out of the trust deficit and also move forward to ink close collaboration with the government. The Commerce and Industry Ministry would be moving forward with the agenda of strengthening its engagement with ASEAN, Africa and also other parts of the world, apart from intensifying such collaborations in the Asian region.

He has also further elaborated that foreign direct investments in multi-brand retail and other areas of economic activities would be carried out only with consensual approach.