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Home Law & Policy

National Industrial Corridor Development Programme

February 12, 2021
in Law & Policy
Reading Time: 4min read
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National Industrial Corridor Development Programme
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About National Industrial Corridor Development Programme 

  • National Industrial Corridor Development Programme is India’s most ambitious infrastructure programme aiming to develop new industrial cities as “Smart Cities” and converging next generation technologies across infrastructure sectors. 
  • The National Industrial Corridor Programme includes the following Industrial Corridors:
    • Delhi Mumbai Industrial Corridor (DMIC)
    • Amritsar Kolkata Industrial Corridor (AKIC)
    • Chennai Bengaluru Industrial Corridor (CBIC) with extension to Kochi via Coimbatore
    • East Coast Economic Corridor (ECEC) with Vizag Chennai Industrial Corridor (VCIC) as Phase 1
    • Bengaluru Mumbai Industrial Corridor (BMIC)

Scheme Objectives: To enhance India’s competitiveness in manufacturing through the creation of world class infrastructure and reduced logistics costs.

Coverage & Eligibility:

  • DMIC project covers six different States i.e. Uttar Pradesh, Haryana, Gujarat, Rajasthan, Madhya Pradesh and Maharashtra.
  • AKIC Project covers seven different states i.e. Punjab, Haryana, Uttarakhand, Uttar Pradesh, Bihar, Jharkhand and West Bengal.
  • CBIC with extension to Kochi via Coimbatore includes 4 states, i.e. Karnataka, Tamil Nadu, Andhra Pradesh and Kerala.
  • ECEC with 1st phase of VCIC includes the state of Andhra Pradesh
  • BMIC Project includes the states of Maharashtra and Karnataka.

Salient Features:

  • In case of DMIC project, the construction related activities were initiated and are nearing completion at the following four locations:
    • Activation area for Dholera Special Investment Region in Gujarat admeasuring 22.5 sq. kms;
    • Phase-1 of Shendra Bidkin Industrial Area in Maharashtra admeasuring 18.55 sq. kms;
    • Integrated Industrial Township project at Greater Noida, Uttar Pradesh admeasuring 747.5 acres;
    • Integrated Industrial Township project at Ujjain, Madhya Pradesh admeasuring approx. 1100 acres.
  • Land allotment policies have also been finalized at all the above highlighted locations and a total of 67 plots have been allotted with a committed investment of Rs. 10,060 crore.
  • Apart from the above highlighted projects, project developmental activities are also being taken forward for the following projects:
    • Integrated Multi Modal Logistics Hub (IMLH) Project, Nangal Chaudhary at Haryana;
    • Greenfield International Airport Project at Dholera in Gujarat;
    • Multi Modal Logistics Hub (MMLH) and Multi Modal Transport Hub (MMTH) at Dadri, Uttar Pradesh;
    • Multi Modal Logistics Park at Sanand in Gujarat;
    • Aerotropolis Project at Rajasthan;
    • Mass Rapid Transit System (MRTS) Project from Gurgaon to Bawal in Haryana and Ahmedabad to Dholera in Gujarat;

Implementing Agency: 

  • DNational Industrial Corridor Development Corporation Limited (NICDC) [erstwhile Delhi Mumbai Industrial Corridor Development Corporation Limited (DMICDC)] is the implementing agency which an acts as a knowledge partner to NICDIT in respect of all the Industrial Corridor projects for undertaking various project development activities.

Apex Monitoring and Review Mechanism:

  • An Apex Monitoring Authority under the chairmanship of the Finance Minister has been set up to periodically review the activities of NICDIT and progress of the projects. It consists of Minister-in-charge of Ministry of Commerce & Industry, Minister of Railways, Minister of Road Transport and Highways, Minister of Shipping, Vice-Chairman of NITI Aayog and Chief Ministers of State concerned as Members.

National Industrial Corridor Development and Implementation Trust (NICDIT).

  • The Government has approved the expansion of the mandate of Delhi Mumbai Industrial Corridor Project Implementation Trust Fund (DMIC-PITF) and re-designated it as National Industrial Corridor Development and Implementation Trust (NICDIT).
  • NICDIT is an apex body under the administrative control of Department of Industrial Policy and Promotion (DIPP) for coordinated and unified development of the following industrial corridors:
    • Delhi Mumbai Industrial Corridor (DMIC)
    • Chennai Bengaluru Industrial Corridor (CBIC)
    • Amritsar Kolkata Industrial Corridor (AKIC)
  • Bengaluru Mumbai Industrial Corridor (BMIC)
  • Vizag Chennai Industrial Corridor (VCIC).
  • NICDIT will support project development activities and appraisal, approval and sanction of projects as per extant delegation. It will also coordinate and monitor all central efforts for the development of Industrial Corridor projects.
  • Government of India (GoI)’s contribution to NICDIT will be used as a revolving corpus. Investments into the SPVs by Government of India will be routed through NICDIT so that all debt service payments by SPVs and proceeds from equity disinvestment from SPVs including SPVs developed by Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) by utilizing grants given by GoI can be ploughed back into the corpus enabling NICDIT to support the development of more industrial cities in future.
Source: PIB and www.nicdc.in
Tags: PIBPrelims

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