India - 6 days ago

Centre approves 12 new industrial smart city projects worth Rs 28,602 crore for development of trunk infrastructure packages

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The Government of India has approved 12 new industrial smart city projects on 28th August 2024 with a total project cost of Rs. 28,602 crore (including land cost) for development of trunk infrastructure packages. As per the approved institutional & financial framework of Industrial Corridor Programme, State Govt provides land and Government of India through National Industrial Corridor Development and Implementation Trust (NICDIT) provides the equity for development of internal trunk infrastructure components. The tentative construction timelines of trunk infrastructure are 36-48 months from the actual date of appointment of EPC Contractor.

The details of projects under National Industrial Corridor Programme at various stages are:

Sl. No.	Corridor	Name	Status
1	DMIC: Delhi Mumbai Industrial Corridor	Dholera Special Investment Region (DSIR), Gujarat	Projects with trunk infrastructure completed
		Shendra Bidkin Industrial Area (SBIA), Maharashtra
		Integrated Industrial Township – Greater Noida (IIT-GN), Uttar Pradesh
		Integrated Industrial Township – Vikram Udyogpuri (IIT-VUL), Madhya Pradesh
		Integrated Multi-Modal Logistics Hub – Nangal Chaudhary, Haryana	Projects under development
		Multi Modal Logistics Hub & Multi Modal Transport Hub (MMLH & MMTH), Uttar Pradesh	Projects under development
		Dighi Port Industrial Area, Maharashtra	Projects recently approved by GoI on 28th Aug, 2024
		Jodhpur Pali Marwar Industrial Area, Rajasthan	Projects recently approved by GoI on 28th Aug, 2024
2	CBIC: Chennai Bengaluru IndustrialCorridor	Krishnapatnam Industrial Area, Andhra Pradesh	Projects under development
2	CBIC: Chennai Bengaluru IndustrialCorridor	Tumakuru Industrial Area, Karnataka	Projects under development
3	Extension of CBIC to Kochi via Coimbatore	Palakkad Industrial Area, Kerala	Projects recently approved by GoI on 28th Aug, 2024
4	AKIC: Amritsar Kolkata Industrial Corridor	IMC Khurpia Farm, Uttarakhand
		IMC Rajpura Patiala, Punjab
		IMC Hisar, Haryana
		IMC Agra, Uttar Pradesh
		IMC Prayagraj, Uttar Pradesh
		IMC Gaya, Bihar
5	HNIC: Hyderabad Nagpur IndustrialCorridor	Zaheerabad Phase-1, Telangana
6	HBIC: Hyderabad Bengaluru IndustrialCorridor	Orvakal Industrial Area, Andhra Pradesh
7	VCIC: Vizag Chennai Industrial Corridor	Koparthy Industrial Area, Andhra Pradesh

Each industrial city/area/node under National Industrial Corridor Development Program is managed by a Special Purpose Vehicle (SPV). SPV may have suitable representation from private sector wherever the State Government decides to involve the private sector. It is also authorized to leverage innovative infrastructure funding and delivery tools such as user fee funding, pricing innovations, and delivery through various PPP arrangements for development of industrial smart cities. The State Government, as deemed appropriate, may also seek bi-lateral/multi-lateral funding for this purpose.

Focus sectors are defined differently for different industrial smart cities. The process involves preparation of market demand assessment report for defining focus sectors. Some of the focus sectors are Heavy Engineering, Auto & Ancillaries, General manufacturing, Pharma & Bio Tech, Electronics Industries, IT& ITES, Agro, Food processing, Computer, Electronic & Optical Products, Aerospace, Rubbers & Plastic, Fabricated Metal Products, R&D, ICT, Electronics Industries, Fabrications (semiconductors), Nanotechnology & Opto electronics.

This information has been provided by the Union Minister of Commerce and Industry, Shri Piyush Goyal in a written reply in the Rajya Sabha today.