Latest National Industrial Corridor Development Corporation News & Updates

New Delhi, March 18 (IANS) Stakeholders have emphasised the need for a holistic and balanced approach to rejuvenation of export-oriented industrial clusters, integrating infrastructure upgradation with capacity building, technology adoption, and improved market access, it was announced on Wednesday.During a post-Budget meeting organised by the National Industrial Corridor Development Corporation (NICDC), the importance of strengthening domestic manufacturing ecosystems, particularly in sectors w…

New Delhi, March 10 (IANS) India’s road network has expanded at a rapid pace in the last 11 years to become the world’s second-largest, with national highways spanning across a length of 1,46,560 km in the country, according to official data.The government has constructed 57,125 km of National Highways during the last five years, with an average construction of 34,215 lane-km per year. This leads to an average annual employment generation of about 33 crore person-days, including direct and i…

New Delhi, Feb 4 (IANS) The government has constructed 57,125 km of National Highways during the last five years, with an average construction of 34,215 lane-km per year, and this has led to average annual employment generation of about 33 crore person-days, including direct and indirect employment, Road Transport and Highways Minister Nitin Gadkari informed the Parliament on Wednesday.The government has targeted to operationalise 18,000 km of access-controlled National Expressways by 2028-29. A…

Mumbai, Dec 31 (IANS) Maharashtra Chief Minister Devendra Fadnavis on Wednesday welcomed the Union Cabinet’s approval for the six-lane greenfield Nashik–Solapur–Akkalkot corridor, saying the project, aligned with the PM Gati Shakti National Master Plan, will significantly reduce travel time, strengthen west–east connectivity, boost logistics and generate large-scale employment, thereby giving a major push to economic development.In a post on X, the Chief Minister said: “Heartfelt grati…

New Delhi, Dec 31 (IANS) The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday approved the construction of a 6-lane greenfield access-controlled Nashik-Solapur-Akkalkot corridor in Maharashtra on BOT (Toll) Mode across a length of 374 km with a total capital cost of Rs.19,142 crore.The project will provide connectivity to important regional cities such as Nashik, Ahilyanagar, and Solapur, connecting to Kurnool. This infrastructure is a significant step…

New Delhi, Dec 23 (IANS) Over 4,500 industrial parks have now come up in India, spanning an area of 7.70 lakh hectares, as part of the government’s policy to accelerate the country’s industry and innovation agenda. Developed in partnership with state governments and the private sector, these parks are promoting investment to strengthen India’s industrial base and employment generation, leading to sustainable economic development, according to an official statement issued on Tuesday.As the …