With the objective to promote, develop, establish & assist industries in the state, NIDC has played a significant role in taking up several major projects to contribute to the industrial development of the state. The contribution’s made comply with the infrastructural & employment generation needs of the state and have been demonstrated below.
Sugar Mill & Distillery Project
NIDC had set up a Sugar Mill Project and its ancillary Distillery Project at Dimapur, in 1973-74 and 1974-75 respectively. These projects with NIDC’s investments, to the tune of Rs 2.97 Crores, were subsequently handed over to Nagaland Sugar Mills Company Limited.
NIDC manages and maintains two Industrial Estates at Dimapur, which were taken over from the State Government in 1976. The Industrial Estates covering a total area of 40 acres has 25 ready built Standard Factory Sheds, which are rented out to industrial units at concession rates.
Starting with a Hire Purchase Scheme in 1976-77, NIDC started employment generation assistance under the refinance schemes of the following Government organizations :
– Industrial Development Bank of India (IDBI) in 1978
-National Scheduled Castes & Scheduled Tribes Finance & Development Corporation (NSTFDC) in 1992-93
– National Minorities Development and Finance Corporation (NMDFC) in 1997-98
– National Safai Karamcharis Finance & Development Corporation (NSKFDC) schemes in from 2015-16
Nagaland Hotels Limited
NIDCs’ wholly owned subsidiary, Nagaland Hotels Limited, has established the only two hotels with Three Star facilities, at Kohima and Dimapur. Today these two prestigious properties are serving crucial infrastructure requirements for leisure as well as business travellers.
It is an acknowledged fact that NIDC, through its thrust in the transport sector, has created a genre of private transport operators and today there are private taxis and buses servicing every remote reach of the State thereby alleviating the transport and communication bottlenecks, a crucial infrastructure for development.
Special Export Zone SEZ
NIDC implemented the Export Promotion Industrial Park (EPIP) on 100 acres of land allotted by the Department of Industries and Commerce at Ganeshnagar, Dimapur. The Ministry of Commerce, Government of India sanctioned the proposal and work for implementation was completed in 2005-06. With a view to make the facility more attractive to investors the EPIP has been now been converted into a Specific Product Special Export Zone (SEZ) in the Agro & Food Processing Sector since July 9, 2009.
Integrated Infrastructure Development Center (IIDC)
NIDC was the implementation agency for setting up the Integrated Infrastructure Development Centers (IIDCs) at Kiruphema, Kohima District which was approved by the Central Government with the works been executed by the Engineering Wing of the Directorate of Industries & Commerce, Kohima. The IIDC consist of common facility centers along with developed plots.