NICDIT targets 4 more smart cities, logistics park by FY25

12 Mar 2024 CW Team

The NICDIT, which operates under the aegis of the Department for Promotion of Industry and Internal Trade (DPIIT), has been instrumental in driving forward the government?s vision of establishing smart cities and bolstering logistical capabilities across the nation. The completion of these projects is poised to contribute substantially to the economic landscape, fostering sustainable urbanisation and facilitating smoother trade operations.

Smart cities are at the forefront of modern urban development, leveraging cutting-edge technologies to enhance efficiency, sustainability, and quality of life for residents. By integrating advanced infrastructure, digital connectivity, and eco-friendly initiatives, these cities aim to address pressing urban challenges while promoting economic growth and innovation.

Furthermore, the establishment of a logistics park underscores the government?s commitment to optimising supply chain networks and streamlining cargo movement. With India's burgeoning trade volumes and increasing demand for efficient logistics solutions, such infrastructure investments are crucial for enhancing competitiveness and supporting the country?s position as a global trade hub.

The NICDIT's proactive approach towards project implementation reflects a concerted effort to accelerate India's industrial transformation and capitalise on emerging opportunities in the global market. By prioritising smart urbanisation and logistical development, the government aims to foster inclusive growth, attract investments, and propel the nation towards sustainable prosperity.

The National Industrial Corridor Development and Implementation Trust (NICDIT) anticipates the completion of four additional smart cities and a logistics park by the end of the fiscal year 2024-25, as stated by its CEO. These developments mark significant strides in India?s urban planning and industrial infrastructure enhancement initiatives. The NICDIT, which operates under the aegis of the Department for Promotion of Industry and Internal Trade (DPIIT), has been instrumental in driving forward the government?s vision of establishing smart cities and bolstering logistical capabilities across the nation. The completion of these projects is poised to contribute substantially to the economic landscape, fostering sustainable urbanisation and facilitating smoother trade operations. Smart cities are at the forefront of modern urban development, leveraging cutting-edge technologies to enhance efficiency, sustainability, and quality of life for residents. By integrating advanced infrastructure, digital connectivity, and eco-friendly initiatives, these cities aim to address pressing urban challenges while promoting economic growth and innovation. Furthermore, the establishment of a logistics park underscores the government?s commitment to optimising supply chain networks and streamlining cargo movement. With India's burgeoning trade volumes and increasing demand for efficient logistics solutions, such infrastructure investments are crucial for enhancing competitiveness and supporting the country?s position as a global trade hub. The NICDIT's proactive approach towards project implementation reflects a concerted effort to accelerate India's industrial transformation and capitalise on emerging opportunities in the global market. By prioritising smart urbanisation and logistical development, the government aims to foster inclusive growth, attract investments, and propel the nation towards sustainable prosperity.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

Infrastructure Energy

12 Dec 2025

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

Infrastructure Energy

12 Dec 2025

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..