Maha Mumbai Special Economic Zone (MMSEZ)

The Maha Mumbai Special Economic Zone (MMSEZ) is proposed to be setup in Navi Mumbai area, as an international standard business center. Maha Mumbai Special Economic Zone would be acquiring 10,000 hectares of land in three different stages, within a time span of ten years. The present stage called the Phase I would acquire 2126 hectares of land. The area where the Maha Mumbai Special Economic Zone would be set up in one of the most industrialized area in India situated near the city of Mumbai in the state of Maharashtra. The twin sisters, NMSEZ and MMSEZ would contribute to the rapid development of the surrounding areas in the state of Maharashtra.

Together they are called as India's best-placed SEZ due to its infrastructure facilities, economic opportunities, and revenue generation. The close proximity of the Maha Mumbai Special Economic Zone (MMSEZ) to the NMSEZ it also has the advantages of connections by sea, rail, air, and road. The proposed state of the art trans-shipment hub would add to the advantages. The MMSEZ is situated very near to Jawaharlal Nehru Port Trust. Other than this the national highways connect the Maha Mumbai Special Economic Zone with the rest of the country.

Infrastructure facilities of MMSEZ are-

• The MMSEZ would be supplied with a 24*7 power supply facility and the area of the Maha Mumbai special economic zone also has a back up power supply facility in case of power cuts,
  
  
• The manufacturing unit would have an option pertaining to the requirement of the type of facility, such as well built and technologically equipped state of the art factories, equipped office space, plotted lands with proper transportation facilities
  
  
• The provision of a fully developed transportation system including wide main roads and services roads that would connect the different manufacturing units.
  
  
• The supply of water would be adequate in the area of the Maha Mumbai special economic zone. A network of water pumping stations and waterlines would provide the required supply of water
  
  
• Water treatment and sewerage units would be constructed within the area of the Maha Mumbai special Economic Zone (MMSEZ)
  
  
• The sewer water and waste removal both solid and liquid would be paltry as the industries would be pollution free. Still there are treatment units for solid waste, liquid waste, and sewer water
  
  

Economic scopes of MMSEZ are-

• The MMSEZ has the advantage of all types of transportation system such as roadways, seaport, air, and railways so the special economic zone should have a good export link with the other countries in the world
  
  
• The trend in the unorganized industries sector such as information technology, jewelry and gem, toys, biotech, and leather is to come under one common roof in order to have an access to the general infrastructure facilities
  
  
• The increasing demand for the integration of the industrial sectors in India
  
  
• The trans-shipment facilities at the Jawaharlal Nehru Port Trust would add to the economic value of the MMSEZ and increase the efficiency of the transportation further
  
  

Revenue generation of MMSEZ are-

• The main revenue generation of MMSEZ would be by maintenance of basic infrastructure facilities, providing services such as power distribution and transmission, adequate supply of water, system of sewerage and water treatment, disposal system for both solid and liquid waste, etc.
  
  
• By the sale of basic infrastructure facilities such as well-built and equipped multi storied space for manufacturing units, technologically equipped state of the art factories space, the lease of property to the business organizations, and lease of land against rent.
  
  
• The additional sources of revenue are the incomes from the activities such as, charges pertaining to special economic zone, outsourcing, admission fees, etc.