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.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Infrastructure Transport

06 Jul 2026

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Infrastructure Transport

06 Jul 2026

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..