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Cabinet approves 12 Industrial nodes/cities under NICDP
Context
The Union Cabinet has approved the development of 12 new industrial cities across 10 states in India, marking a significant advancement in the nation's effort to enhance its manufacturing capabilities and drive economic growth. This initiative, under the National Industrial Corridor Development Programme (NICDP), involves an estimated investment of Rs 28,602 crore.
About
- The new industrial areas will be established in the following locations:
- 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
- The project have been approved under the National Industrial Corridor Development Programme (NICDP).
- The new industrial cities will be developed as greenfield smart cities of global standards, built "ahead of demand" on the 'plug-n-play' and 'walk-to-work'
- Aligned with the PM GatiShakti National Master Plan, the projects will feature multi-modal connectivity infrastructure, ensuring seamless movement of people, goods, and services.
- Benefits
- Employment Opportunities: The NICDP projects are expected to generate approximately 1 million direct jobs and up to 3 million indirect jobs.
- Investment Potential: The total investment potential from these projects is estimated at about Rs 1.52 lakh crore.
- This strategic move is set to transform India’s industrial landscape, creating a robust network of industrial nodes and cities that will significantly enhance the country's economic growth and global competitiveness.
Fact Box: National Industrial Corridor Development Programme (NICDP)
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