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

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..... Centre approves 12 new industrial smart city projects worth Rs 28,602 crore for development of trunk infrastructure packages
News and Press Release
Dated:- 6-12-2024

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 .....

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..... 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 ap .....

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..... pointment 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 No .....

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..... ida (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 * Dighi Port Industrial Area, Maharashtra Projects recently approved by GoI on 28th Aug, 2024 * Jodhpur .....

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..... Pali Marwar Industrial Area, Rajasthan 2 CBIC: Chennai Bengaluru Industrial Corridor * Krishnapatnam Industrial Area, Andhra Pradesh Projects under development * Tumakuru Industrial Area, Karnataka 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 Khu .....

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..... rpia Farm, Uttarakhand * IMC Rajpura Patiala, Punjab * IMC Hisar, Haryana * IMC Agra, Uttar Pradesh * IMC Prayagraj, Uttar Pradesh * IMC Gaya, Bihar 5 HNIC: Hyderabad Nagpur Industrial Corridor * Zaheerabad Phase-1, Telangana 6 HBIC: Hyderabad Bengaluru Industrial Corridor * Orvakal Industrial Area, Andhra Pradesh 7 VCIC: Vizag Chennai Industrial Corridor * Koparthy Industria .....

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..... l 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, pric .....

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..... ing 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 t .....

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..... he 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 .....

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..... Union Minister of Commerce and Industry, Shri Piyush Goyal in a written reply in the Rajya Sabha today.
News - Press release - PIB .....

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