Saturday, Oct 12 2024 | Time 20:56 Hrs(IST)
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India


Cabinet approves 12 Industrial cities under NICDP at an investment of Rs 28,602 cr

New Delhi, Aug 28 (UNI) The Union Cabinet on Wednesday approved a proposal of 12 industrial cities under the National Industrial Corridor Development Program (NICDP) spanning across 10 states along 6 major corridors at an estimated cost of Rs 28,602 crore.
Spanning across 10 states and strategically planned along 6 major corridors, these projects represent a significant leap forward in India's quest to enhance its manufacturing capabilities and economic growth, an official statement said after the meeting of the Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister Narendra Modi.
This move is set to transform the industrial landscape of the country creating a robust network of industrial nodes and cities that will significantly boost economic growth and global competitiveness.
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