New Delhi, Aug 29: With an aim to make India a global manufacturing powerhouse, the Union Cabinet chaired by PM Narendra Modi has
approved 12 new project proposals under the National Industrial Corridor Development Programme (NICDP) with an estimated investment of Rs. 28,602 crore.
This move is set to transform the industrial landscape of the country creating a robust network of industrial nodes and cities that will significantly boost economic growth and global competitiveness.
The project, to be invested by the government for Rs 28,602 crore, is expected to attract investments worth Rs 1.52 lakh crore and generate 1 million direct jobs and upto 3 million indirect jobs. This will not only provide livelihood opportunities but also contribute to the socio-economic upliftment of the regions where these projects are being implemented. The government said these industrial nodes will act as catalysts for achieving $2 trillion in exports by 2030.
These industrial areas will be located in the following areas: - Khurpia in Uttrakhand
- Rajpura-Patiala in Punjab
- Dighi in Maharashtra
- Palakkad in Kerala
- Agra and Prayagraj in Uttar Pradesh
- Gaya in Bihar
- Zaheerabad in Telangana
- Orvakal and Kopparthy in Andhra Pradesh
- Jodhpur-Pali in Rajasthan
What’s unique about these nodes is that these new industrial cities will be developed as greenfield smart cities of global standards, built "ahead of demand" on the 'plug-n-play' and 'walk-to-work' concepts. This approach ensures that the cities are equipped with advanced infrastructure that supports sustainable and efficient industrial operations.
In addition to these new sanctions, the NICDP has already seen the completion of four projects, with another four currently under implementation.