The Centre’s push for industrial development has seen progress, with four National Industrial Corridors completed and four more nearing completion. This initiative follows a Rs 28,602 crore package announced for 12 corridors in 2024-25. The recent Union Budget allocated Rs 3,000 crore for the integrated East Coast Industrial Corridor, focusing on Durgapur in West Bengal.
These industrial smart cities aim to become global manufacturing and investment hubs with advanced facilities and a walk-to-work environment. They are designed to offer top-notch infrastructure ahead of demand, fostering economic growth and attracting investments. Notable projects include the Delhi-Mumbai Industrial Corridor, Dholera Special Investment Region in Gujarat, and others spanning various states.
The Economic Survey 2025-26 highlights that Phase-I cities under these projects have allotted 350 industrial plots, drawing investments worth ₹2.02 lakh crore. Sectors like electronics, renewables, pharmaceuticals, and Electric Vehicles (EVs) have shown interest in these corridors. The government, in collaboration with state authorities, is establishing these corridors as planned economic zones with robust transport connectivity.
Industrial corridors serve as development zones linking major economic hubs through a network of roads, railways, ports, and airports. They promote industrial growth by enhancing infrastructure, focusing on efficient freight and public transport. These corridors aim to create a business-friendly environment, encouraging economic agglomeration and industrial clustering for regional growth.
Under the National Industrial Corridor Programme (NICDP), the government is developing various projects guided by the PM GatiShakti framework. These projects prioritize sustainability, aiming for Low-Carbon Cities (LCCs) by incorporating green spaces, public transit systems, and renewable energy sources.
