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RS 28,602-CR 'NECKLACE' OF INDUSTRIAL HUBS IN WORKS

The Daily Guardian

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August 29, 2024

Cabinet Committee on Economic Affairs approves 12 new project proposals under National Industrial Corridor Development Programme.

India will soon sport a grand necklace of industrial smart cities. In a decision on Wednesday, the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi has approved 12 new project proposals under the National Industrial Corridor Development Programme.

These industrial smart cities will come up with an estimated investment of Rs 28,602 crore.

This move is set to transform the industrial landscape of the country creating a robust network of industrial nodes and cities that will significantly boost economic growth and global competitiveness.

Spanning across 10 states and strategically planned along six major corridors, these projects represent a significant leap forward in India's quest to enhance its manufacturing capabilities and economic growth.

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