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The systematic, scientific and channelised process
of the modern industrial development of Nashik,
in the true sense of the term, started in 1962
when Satpur M.I.D.C. was declared to have come
into existence with some land being handed over
to Nashik Industrial Co-Op. Estate Limited; popularly
called as NICE Area. During the first decade 50
units, mainly pertaining to consumer products
and ancillary units, investing about Rs. 25 crores
and giving jobs to 3000 unemployed were started.
The district is having industrial co-operative
estates at Nashik, Sinnar, Malegaon, Manmad, Yeola,
Pimpalgaon (Baswant), Kalwan, Igatpuri, Chandwad
and Nandgaon. Efforts are also going on to have
such an estate at Satana. Presently 600 units,
mainly SSI, are functioning in these estates.
Now Nashik offers most advantageous position
over many coming-up industrial zones to the state,
national and multinational establishments. Though
majority are from engineering sector, Nashik is
also attracting agro-based and food units along
with 100% export units. In the near future nearly
8000 crores investment is expected. More than
300 large and medium size units are expected to
commence and take shape within two decades to
come.
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