Home India Ministry of Commerce and Industry Union Minister Piyush Goyal inaugurates NEST–02 (New Enterpr...
Date: 2025-12-11 Category: Press Release State: Union Government Country: India

Union Minister Piyush Goyal inaugurates NEST–02 (New Enterprises & Services Tower – Phase 2) at the Santacruz Electronics Export Processing Zone (SEEPZ),  Mumbai

Issued by Ministry of Commerce and Industry · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** Union Minister Piyush Goyal inaugurated NEST-02 (New Enterprises & Services Tower – Phase 2) at the Santacruz Electronics Export Processing Zone (SEEPZ) in Mumbai. He urged industries to strengthen skilling initiatives and emphasized the need for transparency, industry-government collaboration, and enhanced efficiency. He reiterated the Government's commitment to supporting industry-led growth, innovation and competitiveness. The event took place on December 11, 2023. **Key Points / Main Content** * **Skilling Initiatives:** * Industries are urged to significantly strengthen skilling initiatives to support India's future workforce. * SEEPZ units are encouraged to expand training efforts, including initiatives for specially-abled youth. * Industry urged to take greater responsibility in supporting workforce development and the national skilling agenda. * **Transparency and Accountability:** * Transparency, integrity, and accountability are central to the Government's governance approach. * Unit holders and industry representatives are called upon to work jointly with the administration to ensure SEEPZ operates in a clean, transparent, and accountable manner. * Auction-based allotment and transparent procedures are essential to ensure fair utilization of space and prevent misuse. * Full transparency is needed in processes related to approvals, customs operations, maintenance contracts, and other administrative matters. * **Infrastructure and Standards:** * Review of ongoing and planned infrastructure upgrades at SEEPZ, including improvements to internal roads, greenery, and overall zone-level aesthetics. * SEEPZ should reflect the standards of modern India and serve as a model for Special Economic Zones across the country. * **Government Reforms and Industry Collaboration:** * Government's ongoing reforms are built on the principle of trust between Government and industry. * Unit holders are urged to uphold this trust by adhering to transparent and ethical practices. * Industry and Government must work together to strengthen domestic capabilities, promote Swadeshi, and prepare for future opportunities. * Industry is encouraged to adopt modern systems, pursue futuristic planning, and implement global-quality processes to align with India's aspirations for Viksit Bharat 2047. * **SEEPZ's Future Vision:** * SEEPZ should emerge as a world-class production and export zone, reflecting India's economic transformation. **Impact Analysis** **SEEPZ Units and Industry Representatives** * **Impact:** Expected to increase skilling initiatives, operate with transparency and accountability, and collaborate with the administration. * **Action Required:** Expand training programs, work jointly with the administration, uphold transparent and ethical practices, review unutilized plots, and work with the managing committee. **Indian Workforce** * **Impact:** Enhanced skilling initiatives will improve workforce readiness for future industries. * **Action Required:** Participate in available skilling initiatives. **Government** * **Impact:** Alignment of SEEPZ operations and performance with national economic momentum and Atmanirbhar Bharat vision. * **Action Required:** Continue implementing reforms and supporting industry-led growth.

Key Entities Referenced

Santacruz Electronics Export Processing Zone (SEEPZ), Mumbai: A Special Economic Zone where the NEST-02 facility was inaugurated. NEST-02 (New Enterprises & Services Tower – Phase 2): A new facility inaugurated at SEEPZ, aimed at strengthening skilling initiatives. Piyush Goyal: Union Minister of Commerce and Industry who inaugurated the NEST-02 facility. Ministry of Commerce & Industry: The ministry associated with the inauguration event and policies related to the SEEPZ.
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Ministry of Commerce & Industry Union Minister Piyush Goyal inaugurates NEST– 02 (New Enterprises & Services Tower – Phase 2) at the Santacruz Electronics Export Processing Zone (SEEPZ), Mumbai Shri Piyush Goyal Calls for Strengthened Transparency, Industry–Government Collaboration and Enhanced Efficiency प्रव तथ: 11 DEC 2025 5:43PM by PIB Delhi Union Minister of Commerce and Industry Shri Piyush Goyal inaugurated NEST–02 (New Enterprises & Services Tower – Phase 2) at the Santacruz Electronics Export Processing Zone (SEEPZ) in Mumbai today and urged industries to significantly strengthen skilling initiatives to support India’s future workforce needs. The Minister emphasised that the pace of growth achieved under the leadership of Prime Minister Shri Narendra Modi must be matched at SEEPZ, noting that the zone must align its functioning and performance with the broader national economic momentum. Shri Goyal encouraged SEEPZ units to expand training efforts, including initiatives for specially-abled youth, and stated that skilling is central to India’s future growth. He urged industry to take greater responsibility in supporting workforce development and contributing to the broader national skilling agenda. The Minister said that transparency, integrity and accountability remain central to the Government’s governance approach under the leadership of Prime Minister Shri Narendra Modi. He called upon unit holders and industry representatives to work jointly with the administration to ensure that SEEPZ operates in a clean, transparent and accountable manner, underscoring that maintaining such an environment is a shared responsibility. Shri Goyal said that auction-based allotment and transparent procedures are essential to ensure fair utilisation of space and prevent misuse. He encouraged stakeholders to collectively review unutilised plots and work with the managing committee to maximise export potential. He reiterated the need for full transparency in processes related to approvals, customs operations, maintenance contracts and other administrative matters. The Minister reviewed ongoing and planned infrastructure upgrades at SEEPZ, including improvements to internal roads, greenery and overall zone-level aesthetics. He emphasised the importance of ensuring that SEEPZ reflects the standards of modern India and serves as a model for Special Economic Zones across the country.Shri Goyal highlighted that the Government’s ongoing reforms—including the Jan Vishwas Bills, decriminalisation measures and simplification of compliance processes—are built on the principle of trust between Government and industry. He urged unit holders to uphold this trust by adhering to transparent and ethical practices. Emphasising the vision of Atmanirbhar Bharat, the Minister said that industry and Government must work together to strengthen domestic capabilities, promote Swadeshi, maintain high standards and prepare for future opportunities. He encouraged industry to adopt modern systems, pursue futuristic planning and implement global-quality processes to align with India’s aspirations for Viksit Bharat 2047. Shri Goyal concluded by calling on SEEPZ to emerge as a world-class production and export zone, reflecting the pace and ambition of India’s economic transformation. He reaffirmed the Government’s commitment to supporting industry-led growth, innovation and competitiveness. *** Abhishek Dayal/Shabbir Azad/Anushka Pandey (रलीज़ आईडी: 2202444) आगंतुक पटल : 553 इस वज्ञ को इन भाषाओ ंम पढ़: Urdu , ही , Marathi

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