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DPIIT celebrates 8th Anniversary of 4 industrial Corridors

Published: Nov 20, 2024

By TIOLCorplaws News Service

NEW DELHI, NOV 20, 2024: DEPARTMENT for Promotion of Industry and Internal Trade (DPIIT) today celebrated the 8th anniversary of 4 new industrial corridors namely Amritsar-Kolkata Industrial Corridor (AKIC), Chennai-Bengaluru Industrial Corridor (CBIC), East Coast Economic Corridor (ECEC), and Bengaluru-Mumbai Industrial Corridor (BMIC) being added to India's Industrial landscape- that have accelerated India's journey towards becoming a global manufacturing powerhouse.

Earlier, India's first corridor Delhi Mumbai Industrial Corridor (DMIC) spanning Uttar Pradesh, Haryana, Rajasthan, Madhya Pradesh, Gujarat and Maharashtra was solely leading the Silent Industrial revolution in the country.

Approved on 20 November 2019, these corridors represent the Government of India's pioneering vision to boost manufacturing and drive planned urbanization nationwide, creating significant socio-economic benefits.

The establishment of these corridors has been a critical step toward transforming India's industrial landscape. Spread across key regions in India, each corridor was strategically designed to integrate industry and infrastructure, establishing world-class connectivity that supports rapid industrialization. With high-speed rail networks, modern ports, dedicated logistics hubs, and advanced airports, these corridors are setting new standards in infrastructure development.

Each of the five corridors has played a distinctive role in shaping India's economic narrative:

Delhi-Mumbai Industrial Corridor (DMIC) has emerged as a flagship of industrial and urban development. Anchored by advanced infrastructure, DMIC's Dholera Special Investment Region in Gujarat, Shendra-Bidkin Industrial Area in Maharashtra, Integrated Industrial Townships- Greater Noida and Vikram Udyogpuri have created a benchmark in high-tech manufacturing, offering ‘plug-and-play' infrastructure that facilitates ease of doing business. As a joint initiative between Japan and India, DMIC also exemplifies international collaboration for industrial growth.

Amritsar-Kolkata Industrial Corridor (AKIC) connects Delhi, Amritsar, and Kolkata, spanning over 1,800 km and impacting 20 cities. This corridor benefits 40% of India's population, supporting regional industrial development in one of the world's most densely populated areas. Regions like Khurpia in Uttarakhand and Rajpura-Patiala in Punjab have seen a surge in industry interest, driven by tailored investment incentives and robust connectivity.

Chennai-Bengaluru Industrial Corridor (CBIC) is planned to achieve accelerated development and regional industry agglomeration in the states of Tamil Nadu, Karnataka and Andhra Pradesh. It is enhancing trade between East Asia and Southern India, with nodes stretching from Chennai to Bengaluru, and planned extensions to Mangalore.

East Coast Economic Corridor (ECEC), India's first coastal corridor, has amplified the nation's trade and export capacities. Several ports located across the corridor not only serve as international gateways but, more importantly, act as critical links in the supply chain. By supporting logistics, packaging, and other services for production clusters and distribution centers, they are a valuable source of economic activity and development. The Vizag-Chennai Industrial Corridor (VCIC) has been designated as the first phase of the ECEC.

Bengaluru-Mumbai Industrial Corridor (BMIC) has prioritized regions with high industrial potential, such as Dharwad in Karnataka and Satara in Maharashtra. As one of the latest corridors, BMIC is establishing high-tech, multi-modal logistics and manufacturing hubs that complement existing industrial zones, ensuring balanced regional development and bridging the north-south economic axis.

On 28 August, 2024, the Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi approved 12 new project proposals under the National Industrial Corridor Development Programme (NICDP) with an estimated investment of Rs. 28,602 crore. Spanning across 10 states and strategically planned along 6 major corridors, these projects represent a significant leap forward in India's quest to enhance its manufacturing capabilities and economic growth.

Some of these new projects are situated directly on the five corridors.

On DMIC, the Dighi node in Maharashtra and Jodhpur-Pali node in Rajasthan will amplify the corridor's capacity for high-tech manufacturing and logistics.

On AKIC, Khurpia in Uttarakhand, Rajpura-Patiala in Punjab, Agra and Prayagraj in UP, Gaya in Bihar will further integrate northern states into the nation's industrial landscape, leading to inclusive regional economic growth.

On CBIC, Palakkad in Kerala will enhance connectivity with southern manufacturing hubs, promoting trade and export potential.

On ECEC, The nodes of Kopparthy and Orvakal in Andhra Pradesh will strengthen coastal supply chains, bridging export-driven industries with inland clusters.

These industrial smart cities, like jewels in India's economic necklace, represent the next generation of connected, self-sustaining hubs that will support local communities and elevate India's global standing. As the nation marks five years of significant industrial progress, the recent approval of 12 new nodes signals a strong future for India's industrial landscape, strengthening the country's capacity for innovation, self-reliance, and sustainable economic development.

As India celebrates this milestone, the significance of the industrial corridors becomes ever more evident. These corridors are not just roads and factories; they are arteries of growth, pumping life into the nation's industrial ambitions. They are a testament to India's potential and its commitment to innovation, resilience, and progress. As the nation steps into the future, the corridors stand as both a foundation and a promise of what lies ahead.

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