MIDC Act

The MIDC Act refers to the Maharashtra Industrial Development Corporation Act, which establishes a framework for promoting industrial growth in Maharashtra. It authorizes the creation and management of industrial estates, providing land, infrastructure, and services to industries. The act facilitates the development of industrial zones, streamlines land acquisition, and encourages investments while ensuring proper regulation and planning. Overall, it aims to support economic development by making industrial spaces accessible, organized, and well-managed for businesses and investors in the state.