MIHAN SEZ
MIHAN SEZ is a Special Economic Zone located in Nagpur, India, established in 2006, regulated by the Maharashtra Airport Development Company Ltd. (MADC).
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 | active |
Investment Incentives
Duty-free import/domestic procurement of goods, 100% Income Tax exemption on export income for SEZ units for first 5 years, 50% for next 5 years, exemption from minimum alternate tax, external commercial borrowing up to US $500 million, exemption from Central Sales Tax, exemption from Service Tax, single window clearance, exemption from State sales tax and other levies
Sector Focus
MIHAN SEZ hosts businesses specialising in 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.
Who regulates MIHAN SEZ?
MIHAN SEZ is regulated by the Maharashtra Airport Development Company Ltd. (MADC).
What sectors operate in MIHAN SEZ?
MIHAN SEZ hosts businesses in Manufacturing and Services.
What are the investment incentives at MIHAN SEZ?
Duty-free import/domestic procurement of goods, 100% Income Tax exemption on export income for SEZ units for first 5 years, 50% for next 5 years, exemption from minimum alternate tax, external commercial borrowing up to US $500 million, exemption from Central Sales Tax, exemption from Service Tax, single window clearance, exemption from State sales tax and other levies