Industries in Nasik will see more infrastructure and facilities as Nasik is included in significant project of Delhi-Mumbai Industrial Corridor. Land acquisition process for this project has been started by Maharashtra, Haryana, Gujarat, Madhya Pradesh and Rajasthan. Minister of State for Commerce and Industry, Jyotiraditya Scindia informed that this project would pass through five out of six states and its estimated amount is $100 billion.
The state government has proposed additional incentives in the form of subsidies on interests on industrial loans and power in the new industrial policy. It is being finalized by the state government to promote industrial development and attract new entrepreneurs.
Due to lack of enough land for expansion plans of about 500 Small and Medium Enterprises (SMEs), worth nearly Rs 500 crore, have been stopped.
The development of the industry has come to idle due to not getting enough of land in industrial areas of Maharashtra Industrial Development Corporation(MIDC) in Nasik. Several industries are planning to set up their base in Nasik, but land required is not available is the major hurdle. Existing industries are too incapable to increase manufactures due to this.
Closed-circuit television (CCTV) cameras are to be installed at Udyog Bhavan to improve the security environment within and out aside. Udyog Bhavan is consisted with offices of government departments like the dy. labour commissioner, the FDA, Maharashtra Industrial Development Corporation (MIDC) and others.
As industrialists association has decided to follow legal route to cancel the registration of Center Of Industry Trade Unions (CITU), in a quick reply to the industrialist's associations decision, for unfair labour practices CITU said it would take legal action against the industry.Workers are on strike from two days but the CITU leaders assured that they would ask the workers having CITU affiliated unions, to join the work to fill up for the production losses of two days. The CITU insisted release of their leaders Dr D L Karad and R S Pande without any condition. Two officials of Everest Industries Ltd were attacked by workers and both leaders detained for the connection with the attack on the officials.