MIHAN SEZ
MIHAN SEZ is a Special Economic Zone located in Nagpur, India, established in 2006, with Maharashtra Airport Development Company Ltd. (MADC) listed as its governing authority.
Key Facts
| Type | Special Economic Zone |
|---|---|
| Location | Nagpur, India |
| Year Established | 2006 |
| Area | 1100 hectares |
| Companies | 100 |
| Governing Authority | Maharashtra Airport Development Company Ltd. (MADC) |
| Status | operational |
Recorded Benefits and Incentives
MIHAN SEZ offers duty-free import/domestic procurement of goods. Units benefit from a 100% income tax exemption on export income for the first five years, followed by 50% for the subsequent five years. Other benefits include exemption from minimum alternate tax, Central Sales Tax, Service Tax, and State sales tax, as well as single window clearance and external commercial borrowing up to US $500 million.
Verify eligibility and current terms with the zone authority.
Recorded Sector Focus
MIHAN SEZ is listed with a sector focus including Manufacturing and Services.
About MIHAN SEZ
The Multi Modal International Cargo Hub and Airport at Nagpur (MIHAN) is a flagship project of Maharashtra Airport Development Company Limited (MADC). It is India's first multi-product Special Economic Zone (SEZ) adjacent to an international airport, spanning 4,354 hectares. The project integrates an international airport, a 1,238-hectare SEZ for various industries, and dedicated areas for MRO, IT Parks, Hospitals, manufacturing, and value-added units. It aims to boost economic activity and attract skilled talent to the Nagpur region.
Frequently Asked Questions
What type of zone is MIHAN SEZ?
MIHAN SEZ is a Special Economic Zone.
Where is MIHAN SEZ located?
MIHAN SEZ is located in Nagpur, India.
When was MIHAN SEZ established?
MIHAN SEZ was established in 2006.
Which governing authority is listed for MIHAN SEZ?
SEZ Explorer records Maharashtra Airport Development Company Ltd. (MADC) as the governing authority for MIHAN SEZ. Confirm its current jurisdiction and remit with the authority.
Which sectors are listed for MIHAN SEZ?
MIHAN SEZ is listed with a sector focus including Manufacturing and Services.
Which benefits and incentives are recorded for MIHAN SEZ?
SEZ Explorer's current record lists: MIHAN SEZ offers duty-free import/domestic procurement of goods. Units benefit from a 100% income tax exemption on export income for the first five years, followed by 50% for the subsequent five years. Other benefits include exemption from minimum alternate tax, Central Sales Tax, Service Tax, and State sales tax, as well as single window clearance and external commercial borrowing up to US $500 million. Verify eligibility and current terms with the zone authority.