Union Minister Ashwini Vaishnaw said on Wednesday, August 28, that the Cabinet, chaired by Prime Minister Narendra Modi, approved 12 industrial smart cities across India under the National Industrial Corridor Development Programme (NIDCP). The government will invest ₹28,602 crore in this project, reported news agency ANI.
“Cabinet today approved 12 Industrial Smart Cities under the National Industrial Corridor Development Programme. The government will invest ₹28,602 crore for this project,” Vaishnaw.
The new projects will be part of the National Industrial Corridor Development Programme (NIDCP), which covers 10 states and strategically covers 6 major corridors, the report said.
The industrial areas will be located in Khurpia in Uttrakhand, Rajpura-Patiala in Punjab, Dighi in Maharashtra, Palakkad in Kerela, Agra and Prayagraj in UP, Gaya in Bihar, Zaheerabad in Telangana, Orvakal and Kopparthy in AP and Jodhpur-Pali in Rajasthan.
The report estimates the investment potential from these areas is at ₹1.5 lakh crore with 10 lakh direct and 30 lakh indirect employment potential.
“India to soon have a grand necklace of Industrial Smart Cities on the backbone of Golden Quadrilateral as Cabinet approves 12 World-class greenfield Industrial Smart Cities under National Industrial Corridor Development Programme,” said Director General of the Press Information Bureau after the meeting on the social media platform X.
The new projects are poised to build India's industrial landscape and drive the nation's economic growth for the coming years. These cities under the National Industrial Corridor Development Programme (NIDCP) are in line with India's vision of a Viksit Bharat, which is to provide global value chains with ready-to-allot land for investors, according to the report.