India’s Industrial Corridor Projects: Aiming to Compete with Global Manufacturing Hubs.

New Delhi [India], December 10 (ANI): The Indian government is spearheading the development of cutting-edge industrial corridor projects under the National Industrial Corridor Development Programme (NICDP) to position the country as a leading global manufacturing and investment hub. Minister of State for Commerce and Industry, Jitin Prasada, shared this ambitious vision in a recent address to the Lok Sabha.


Key Developments Under NICDP

The NICDP aims to create greenfield industrial areas and nodes across the nation, fostering economic growth and infrastructure development. Some key projects highlighted by the Minister include:

  1. Maharashtra Initiatives:
    • Shendra-Bidkin Industrial Area (SBIA): Strategically planned to boost industrial activity.
    • Dighi Port Industrial Area (DPIA): Positioned to leverage port-based trade and manufacturing.
    A total equity of ₹3,000 crore has been allocated for the development of trunk infrastructure in the SBIA project till December 2024, even though no additional funds were released in the past three years.
  2. Amritsar Kolkata Industrial Corridor (AKIC):
    • Conceptualized along the backbone of the Eastern Dedicated Freight Corridor (EDFC).
    • Projects like Integrated Manufacturing Clusters (IMC) in Agra and Prayagraj have been approved by the government in August 2024.

Focus on Footwear and Leather Development

The government has also launched the Indian Footwear and Leather Development Programme (IFLDP) with a financial outlay of ₹1,700 crore, aimed at boosting the leather and footwear industry until March 2026.

  • Maharashtra received ₹5.75 lakh for technological upgrades in one unit between 2021-2025.
  • Approval of the Mega Leather Footwear and Accessories Cluster at Ratwad Village, Maharashtra, with a project cost of ₹256.42 crore, includes ₹125 crore in central assistance.

Industrial Growth in Hill States and UTs

In line with regional development goals, central sector schemes have been approved for industrial development in Himachal Pradesh, Uttarakhand, Jammu & Kashmir (J&K), and Ladakh.

  • Project Development Cells (PDCs) have been established in various ministries and departments to fast-track investments and ensure timely execution of industrial projects.

India’s Global Ambitions

The development of these industrial corridors reflects India’s commitment to compete with top manufacturing destinations worldwide. By integrating robust infrastructure, policy support, and innovative frameworks, India is set to emerge as a key player in global supply chains.


FAQs

1. What is the National Industrial Corridor Development Programme (NICDP)?
The NICDP is an initiative by the Indian government to develop greenfield industrial areas and nodes, aiming to transform India into a leading global manufacturing and investment hub.

2. What is the significance of the Shendra-Bidkin Industrial Area (SBIA)?
The SBIA is a flagship project under NICDP, designed to enhance industrial infrastructure in Maharashtra, with ₹3,000 crore allocated for its development.

3. How is the Indian Footwear and Leather Development Programme (IFLDP) contributing to industrial growth?
The IFLDP supports technological upgrades, cluster development, and infrastructure enhancements in the leather and footwear sector with a budget of ₹1,700 crore until 2026.

4. What role do Project Development Cells (PDCs) play?
PDCs are institutional mechanisms established to fast-track industrial investments by ensuring seamless coordination between ministries and departments.

5. How does the government support industrial development in hill states and UTs?
Through central sector schemes, the government provides financial aid, infrastructure development, and policy frameworks to promote industrial growth in regions like Himachal Pradesh, Uttarakhand, J&K, and Ladakh.

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