Punjab

India to Develop 12 World-Class Greenfield Industrial Smart Cities

Union Cabinet Approves Strategic Development Plan Under National Industrial Corridor Development Programme

In a major boost to India’s industrial and economic landscape, the Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the development of 12 state-of-the-art greenfield industrial smart cities as part of the National Industrial Corridor Development Programme. This ambitious project aims to transform the industrial infrastructure across the country, aligning with the government’s vision of a self-reliant and globally competitive India.

Strategic Development Plan

The approved plan, which involves an investment of ₹28,602 crore, will see the creation of these industrial smart cities strategically positioned along the Golden Quadrilateral, India’s extensive road network that connects major metropolitan cities. This development initiative is poised to create a significant impact across ten states and six industrial corridors, enhancing India’s manufacturing capabilities and fostering economic growth.

Rajpura Selected as Key Industrial Node

Among the selected locations, Rajpura, situated near Chandigarh in Punjab, has been earmarked as one of the prominent hubs. The development of the Rajpura industrial smart city will entail an investment of ₹1,367 crore. This project is expected to generate substantial employment opportunities, with over 64,000 jobs anticipated as a result of the initiative. The investment potential of the Rajpura industrial city is estimated at ₹7,500 crore, underscoring its importance in the broader industrial corridor development plan.

Development Across Key Locations

The project will span multiple states and strategically selected locations, each chosen for its potential to enhance industrial activity and support economic growth. The other selected locations include:

  • Khurpia, Uttarakhand
  • Rajpura-Patiala, Punjab
  • Dighi, Maharashtra
  • Palakkad, Kerala
  • Agra and Prayagraj, Uttar Pradesh
  • Gaya, Bihar
  • Zaheerabad, Telangana
  • Orvakal and Kopparthy, Andhra Pradesh

These industrial nodes are designed to serve as critical catalysts in achieving the ambitious target of $2 trillion in exports by 2030, reflecting the government’s commitment to bolstering India’s position in the global market.

Vision and Goals

The overarching goal of this industrial corridor development programme is to create world-class infrastructure that not only supports industrial growth but also integrates advanced technologies to ensure the sustainability and efficiency of these smart cities. By positioning these industrial hubs strategically, the programme aims to stimulate economic activity, attract investment, and generate employment across various regions.

The development of these smart cities is part of a broader vision to enhance India’s industrial capabilities and infrastructure. The integration of greenfield industrial smart cities within the existing Golden Quadrilateral is expected to provide a robust backbone for logistical and industrial activities, facilitating smoother operations and fostering a conducive environment for business growth.

Economic and Employment Impact

The industrial smart cities are projected to bring about significant economic benefits. The estimated total investment of ₹28,602 crore is expected to yield substantial returns through industrial growth, job creation, and increased export capabilities. Each of the 12 locations has been selected based on its potential to contribute to the nation’s industrial output and export targets.

For instance, the development of Rajpura is expected to create a robust economic environment, offering ample opportunities for local businesses and attracting major investments. The employment potential of over 64,000 jobs highlights the significant impact this project will have on the local and regional economy.

Future Prospects

The establishment of these greenfield industrial smart cities is poised to set new benchmarks in industrial infrastructure development in India. By leveraging advanced technologies and sustainable practices, the project aims to create modern, efficient, and eco-friendly industrial hubs that can cater to the evolving needs of businesses and the economy.

In conclusion, the approval of the 12 world-class greenfield industrial smart cities marks a significant milestone in India’s journey towards becoming a global industrial powerhouse. The strategic positioning of these cities along the Golden Quadrilateral, combined with substantial investments and employment opportunities, underscores the government’s commitment to driving economic growth and enhancing India’s industrial capabilities. As the development progresses, these industrial nodes are expected to play a crucial role in achieving the nation’s export targets and fostering a thriving industrial ecosystem.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button