The Vision Behind India’s 11 Industrial Corridor Projects!

The Government of India is developing 11 industrial corridor projects across India. These projects are part of the National Industrial Corridor Development Programme (NICDP), which was launched in 2006. The NICDP aims to develop world-class industrial corridors that will promote economic growth and create jobs.

The 11 industrial corridor projects are:

  1. Delhi-Mumbai Industrial Corridor (DMIC)
  2. Chennai-Bengaluru Industrial Corridor (CBIC)
  3. Amritsar-Kolkata Industrial Corridor (AKIC)
  4. Ahmedabad-Vadodara Industrial Corridor (AVVC)
  5. Bengaluru-Mysuru Industrial Corridor (BMIC)
  6. Vishakhapatnam-Chennai Industrial Corridor (VCIC)
  7. Kolkata-Durg-Bhubaneswar Industrial Corridor (KDB)
  8. Indore-Manesar-Pune Industrial Corridor (IMP)
  9. Dholera SIR
  10. Shendra-Bidkin-Dhule Industrial Corridor (SBDC)hide_imageCan’t find image. Sorry, Bard is experimental.
  11. Mundra-Kandla Industrial Corridor (MKIC)

The NICDP is a major initiative of the Government of India to promote economic growth and create jobs. The development of these industrial corridors will help to attract investment, create jobs, and boost economic activity in these regions.

The government has allocated a total of ₹74,400 crore for the development of these industrial corridors. The projects are expected to create over 20 million jobs and generate ₹3 trillion in revenue.

The development of these industrial corridors will also help to improve connectivity and infrastructure in these regions. The corridors will be linked to major ports, airports, and highways. This will make it easier for businesses to transport goods and services and will help to attract investment.

The development of these industrial corridors is a major step in the government’s efforts to promote economic growth and create jobs. The projects are expected to have a significant impact on the economy and will help to make India a global manufacturing hub.tuneshareGoogle it

Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.

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