National Industrial Corridor Corporation Projects

Union Minister of Commerce and Industry, Consumer Affairs, Food, and Public Distribution and Textiles has urged the States to put the NICDC projects on the fast track and set a deadline for acquisition and allotment of land in industrial nodes and clusters.

About National Industrial Corridor Development Programme

• National Industrial Corridor Development Programme is India’s most ambitious infrastructure program aiming to develop new industrial cities as “Smart Cities” and converge next-generation technologies across infrastructure sectors.
• The government of India is developing various industrial corridor projects as part of the National Industrial Corridor Programme (NICP).
• NICP 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.
• National Industrial Corridor Development Corporation (NICDC) is implementing 11 corridors comprising 32 projects in four phases.
• ImageThe Office of Economic Adviser, Department for Promotion of Industry and Internal Trade releases the Index of Eight Core Industries (ICI).

These 11 corridors are:

1. Delhi-Mumbai Industrial Corridor (DMIC)
2. Amritsar-Kolkata Industrial Corridor (AKIC)
3. Chennai-Bengaluru Industrial Corridor (CBIC)
4. Vizag-Chennai Industrial Corridor (VCIC)
5. Bengaluru-Mumbai Industrial Corridor (BMIC)
6. Odisha Economic Corridor (OEC)
7. Hyderabad Nagpur Industrial Corridor (HNIC)
8. Hyderabad Warangal Industrial Corridor (HWIC)
9. Hyderabad Bengaluru Industrial Corridor (HBIC)
10. Extension of CBIC to Kochi via Coimbatore
11. Delhi Nagpur Industrial Corridor (DNIC)

About NICDC

• National Industrial Corridor Development Corporation (NICDC) is a Special Purpose Vehicle that envisages establishing, promoting and facilitating the development of the National Industrial Corridor Development Programme.
• After the inception of the Delhi Mumbai Industrial Corridor (DMIC) in 2007, a trust fund was set up in the name of the DMIC Trust fund to carry out the project development.
• In December 2016, the mandate of DMIC Trust was expanded to include other industrial corridors across India.
• After which, the DMIC Trust was renamed as National Industrial Corridor Development and Implementation Trust (NICDIT).
• A Special Purpose Vehicle, Delhi-Mumbai Industrial Corridor Development Corporation Limited (DMICDC) was incorporated in 2008:
• as the project development agency for DMIC and knowledge partner for DMIC Trust.
• After the reconstitution of DMIC Trust as NICDIT, the DMICDC was also renamed as National Industrial Corridor Development Corporation Limited (NICDC) in February 2020.
• Upcoming Projects
• A combined investment of Rs. 16,760 crores has been already done in the 4 cities for the 173 allotted plots. The four ‘Smart’ industrial cities are emerging at:
  • Dholera (Gujarat), 
  • Shendra Bidkin (Maharashtra), 
  • Vikram Udhogpuri  (MP)  & 
  • Integrated Industrial Township in Greater Noida (UP).

Upcoming Projects

• A combined investment of Rs. 16,760 crores has been already done in the 4 cities for the 173 allotted plots. The four ‘Smart’ industrial cities are emerging at:
  • Dholera (Gujarat), 
  • Shendra Bidkin (Maharashtra), 
  • Vikram Udhogpuri  (MP)  & 
  • Integrated Industrial Township in Greater Noida (UP).