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Thane-Belapur Industrial Belt (TBIB) also known as the Trans Thane Creek Area (TTCA) is situated in Zone II of Mumbai Metropolitan Region Development Authority (MMRDA). It is one of the major industrial belts in the country. TBIB mainly covers a strip between Thane Creek on the west, reserved forest land on the east; CBD, Belapur on the south and Thane city limit on the north admeasuring approximately 162 sq.km. The industrial development in TBIB commenced in 1961, alongwith declaration of Maharasthra Industrial Development Corporation (MIDC). The objective was primarily to promote chemical, engineering and other auxiliary industrial units. Subsequently MMRDA, alongwith City and Industrial Development Corporation (CIDCO) has developed a number of residential and commercial zones within this area, apart from a large number of villages that are situated in this belt.
Navi Mumbai's economic base was expected to be unique - more dependence on private sector activities like wholesale trading and processing activities in agricultural produce, iron and steel stockyards and wholesale markets, port based commercial and industrial activities, private and public sector offices, training and R & D centers in selected District Business Centers (DBCs) and Central Business District (CBD) and last, but not the least, the fast emerging industrial belts along Thane - Belapur Road and at Taloja. In fact, at the time of formation of CIDCO in 1970-71, the only economic input available was about 16,000 industrial jobs in the Thane - Belapur belt; huge amounts of money were being spent by each company in transporting their workers to and from Mumbai.
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