National Industrial Corridor Development Programme is India’s most ambitious infrastructure programme aiming to develop new industrial cities as “Smart Cities” and converging next-generation technologies across infrastructure sectors.
Govt. of India is developing various Industrial Corridor Projects as part of the National Industrial Corridor programme which is aimed at the development of futuristic industrial cities in India that can compete with the best manufacturing and investment destinations in the world. The same will create employment opportunities and economic growth leading to overall socio-economic development.
Union Government is developing several Industrial Corridor Projects as part of the National Industrial Corridor program.
Union Government, on December 7, 2016, expanded the scope of the existing DMIC-Project Implementation Trust Fund (PITF) and re-designated it as National Industrial Corridor Development and Implementation Trust (NICDIT), which will monitor and review all the corridor projects.
All the existing Industrial Corridors and other corridors in future will function under the administrative control of NICDIT.
NICDIT will function under the administrative control of the Department for Promotion of Industry and Internal Trade (DPIIT) under Commerce & Industry Ministry. Secretary, DPIIT acts as the chairman of NICDIT with CEO, NITI Aayog, and other Secretaries to Govt. of India as its members.
At present, 11 Industrial Corridors Projects are being constructed, with 32 Projects scheduled to be completed in four phases between 2024 and 2025:
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