IAS Gyan

Daily News Analysis

National Industrial Corridor Programme (NICP)

5th August, 2021 Economy

Context:

  • 11 Industrial Corridors with 32 Projects to be developed in 4 phases in the country as part of National Industrial Corridor Programme (NICP).

About the National Industrial Corridor Programme (NICP):

  • The National Industrial Corridor Programme (NICP) has been conceived to promote world class manufacturing facilities and develop futuristic industrial cities in India.
  • It is under the Department for Promotion of Industry and Internal Trade (DPIIT).
  • The broad objective of NICP is to provide plug and play infrastructural facilities for setting up large scale manufacturing units.
  • The National Industrial Corridor Development and Implementation Trust (NICDIT) under the DPIIT is the overarching institutional framework to implement the programme.
  • Under the programme, land parcels are developed for immediate allotment to manufacturing units.
  • The programme aims to develop new industrial cities as “Smart Cities” and converge next generation technologies across infrastructure sectors.
    • The 11 Industrial Corridors being developed are:
    • Delhi Mumbai Industrial Corridor (DMIC)
    • Chennai Bengaluru Industrial Corridor (CBIC)
    • Amritsar Kolkata Industrial Corridor (AKIC)
    • East Coast Industrial Corridor (ECIC) with Vizag Chennai Industrial Corridor (VCIC) as Phase 1
    • Bengaluru Mumbai Industrial Corridor (BMIC)
    • Extension of CBIC to Kochi via Coimbatore
    • Hyderabad Nagpur Industrial Corridor (HNIC)
    • Hyderabad Warangal Industrial Corridor (HWIC)
    • Hyderabad Bengaluru Industrial Corridor (HBIC)
    • Odisha Economic Corridor (OEC)
    • Delhi Nagpur Industrial Corridor (DNIC)

Need for such a programme:

  • Industrial corridors are conceived to foster global manufacturing, investment destination hubs and smart cities with the best in-class infrastructure.
  • They have the potential to unleash the manufacturing potential in the country and raise its contribution to GDP by creating quality infrastructure ahead of demand.