Industrial Corridors Report
SMART CITIES

Industrial Corridors Report

In a landmark move to position India as a global manufacturing hub, the Cabinet Committee on Economic Affairs, led by Prime Minister Narendra Modi, has greenlit the creation of 12 industrial smart cities across 10 states with a massive investment of Rs.286.02 billion. These industrial corridors will...

In a landmark move to position India as a global manufacturing hub, the Cabinet Committee on Economic Affairs, led by Prime Minister Narendra Modi, has greenlit the creation of 12 industrial smart cities across 10 states with a massive investment of Rs.286.02 billion. These industrial corridors will strengthen India’s manufacturing ecosystem, accelerate economic growth and enhance global competitiveness. They will be located in Khurpia in Uttarakhand, Rajpura-Patiala in Punjab, Dighi in Maharashtra, Palakkad in Kerala, Agra and Prayagraj in Uttar Pradesh, Gaya in Bihar, Zaheerabad in Telangana, Orvakal and Kopparthy in Andhra Pradesh and Jodhpur-Pali in Rajasthan.These cities are part of the National Industrial Corridor Development Programme (NICDP). This strategic initiative is projected to create significant opportunities for investment, generating a potential of Rs.1.52 trillion while aligning with India’s ambitious target of achieving $ 2 trillion in exports by 2030.Driving India’s manufacturing futureThe NICDP is at the heart of India’s industrial strategy, focusing on building sustainable and integrated industrial ecosystems that promote investments from both large-scale industries and MSMEs. With the development of these 12 industrial nodes, the Government seeks to position India as a global leader in manufacturing, boosting employment and achieving balanced regional growth.These smart cities, backed by advanced infrastructure and multimodal connectivity under the PM Gati Shakti National Master Plan, will serve as vital growth centres. They are being developed ahead of demand, ready to support rapid industrialisation with the ultimate goal of fostering long-term economic prosperity.Sustainability and job creationThe NICDP is designed with sustainability at its core, integrating green technologies to minimise environmental impact while enhancing operational efficiency. By 2027, these projects are expected to generate 1 million direct jobs and up to 3 million indirect jobs, providing significant socioeconomic benefits across the regions where they are being implemented.Building for the futureProjects such as the Dholera Special Investment Region (Gujarat), Aurangabad Industrial City (Maharashtra) and other notable industrial nodes have already set the benchmark for India’s industrial transformation. The recent approval of 12 new nodes signals a continued commitment to creating world-class industrial infrastructure, ready to cater to both domestic and international investments. Additionally, it includes railway infrastructure projects and support for renewable energy in the northeastern states. As these projects come to life, India’s journey towards becoming a global manufacturing powerhouse is set to accelerate, redefining its role in global value chains and driving sustained economic growth for years to come.

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement