- Recent Approval: Union Cabinet approved 12 new industrial nodes across 10 states, including Uttarakhand, Punjab, Maharashtra, Kerala, UP, Bihar, Telangana, AP, and Rajasthan.
- Greenfield Smart Cities: New industrial cities will be developed as greenfield smart cities with ‘plug-n-play’ and ‘walk-to-work’ concepts.
- Programme Launch: Began with the Delhi-Mumbai Industrial Corridor (DMIC) in 2007; now includes 11 corridors managed by NICDC.
- Objectives: Boost manufacturing growth, systematic urbanization, and use next-gen technologies for integrated infrastructure.
- Investment Attraction: Focuses on attracting investments from large industries and MSMEs to foster a robust industrial ecosystem.
- Enhanced Connectivity: Aligns with PM GatiShakti Plan, promoting multi-modal connectivity for efficient movement of goods and services.
Industrial Corridors
- Key Corridors: Includes Delhi-Mumbai, Amritsar-Kolkata, Bengaluru-Chennai, Vizag-Chennai, and Hyderabad-based corridors, among others, aimed at boosting manufacturing and urban development.
- Objectives: Focus on creating smart industrial cities with advanced infrastructure, enhancing connectivity, and attracting investments to stimulate economic growth.
Industrial Corridor Development:
- GVC Integration: NICDP aims to position India in the global value chain, creating over 4 million jobs with a focus on sustainable, smart industrial cities.
- Challenges: Issues include disjointed planning, governance gaps, lengthy city development timelines, land acquisition hurdles, and environmental concerns.
- Way Forward: Enhance collaboration with local authorities, involve farmers in land projects, improve state-central coordination, and leverage technology for efficient execution.
- Related Initiatives: Includes SEZs for tax benefits, NIMZs for manufacturing hubs, and industrial parks for planned economic growth.