Cabinet Approves 12 New Industrial Cities Under the NICDP

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PM Narendra Modi led Union Cabinet has given the green light for the development of 12 new industrial cities as part of the National Industrial Corridor Development Programme (NICDP). This ambitious project aims to boost India's industrial growth by creating world-class infrastructure and attracting both domestic and international investments.

Decision Making Authority: Union Cabinet
[Supreme Decision Making Body, Government of India]
Chair: Prime Minister Narendra Modi
Cabinet Meeting Date: 28.05.2024

Key Highlights

Massive Investment:

The project is expected to involve an estimated investment of ₹28,602 crore.

Strategic Locations:
These industrial cities will be spread across 10 states, strategically positioned along six major industrial corridors. The locations include:

• Uttarakhand: Khurpia
• Punjab: Rajpura-Patiala
• Maharashtra: Dighi
• Kerala: Palakkad
• Uttar Pradesh: Agra and Prayagraj
• Bihar: Gaya
• Telangana: Zaheerabad
• Andhra Pradesh: Orvakal and Kopparthy
• Rajasthan: Jodhpur-Pali

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Salient Features

• Catalyst for Economic Growth
  These industrial cities are designed to act as catalysts for achieving the goal of $2 trillion in exports by 2030.
• Greenfield Smart Cities
  Each city will be developed as a greenfield smart city, built to global standards. The focus will be on "ahead of demand" development, utilizing the 'plug-n-play' and 'walk-to-work' concepts to create efficient, sustainable environments.
• Multi-Modal Connectivity
  The cities will feature multi-modal connectivity infrastructure, ensuring seamless movement of people, goods, and services. This will enhance the ease of doing business and support efficient industrial operations.

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• Ready-to-Use Land Parcels
  Developed land parcels will be made available for immediate allotment, simplifying the process for investors to set up manufacturing units. This will make it easier for both domestic and international companies to invest in India.
• Job Creation
  The project is expected to create 1 million direct jobs and up to 3 million indirect jobs through planned industrialization. This will contribute significantly to the country's employment opportunities and economic development.

The approval of these 12 new industrial cities under the NICDP marks a significant step forward in India's industrial growth. By strategically placing these cities and focusing on modern, sustainable development, the government aims to create a robust industrial ecosystem that will drive the country's economic progress and attract global investments.