India Plans 12 New Industrial Cities to Boost Manufacturing

29 Jul 2024 CW Team

India is set to establish 12 new industrial cities as part of a strategic initiative to enhance the manufacturing sector. The Department for Promotion of Industry and Internal Trade (DPIIT) is preparing to present this proposal to the Cabinet for approval.

These cities are part of the ambitious Delhi-Mumbai Industrial Corridor (DMIC) and other industrial corridors, aiming to create robust manufacturing hubs across the country. The development is expected to attract significant foreign investment, foster innovation, and generate employment opportunities.

The cities will be equipped with world-class infrastructure, offering a conducive environment for businesses. This includes state-of-the-art facilities, efficient transportation networks, and reliable utilities, designed to meet the demands of modern manufacturing industries.

The DPIIT emphasises that these industrial cities will play a crucial role in positioning India as a global manufacturing powerhouse. They are strategically located to leverage existing transport links and regional strengths, ensuring seamless connectivity and supply chain efficiency.

Each city will focus on specific industrial sectors, tailored to the strengths and resources of the region. This targeted approach aims to optimise resource use and maximise economic impact. The project aligns with the government's "Make in India" initiative, reinforcing the country's commitment to becoming a manufacturing leader.

The proposal highlights the potential for these cities to transform India's industrial landscape, fostering economic growth and enhancing competitiveness on the global stage. The Cabinet's approval will be a pivotal step towards realising this vision, setting the stage for a new era of industrial development in India.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..