National Industrial Corridor Development Corporation (NICDC)

Article Title: National Industrial Corridor Development Corporation (NICDC)

29-04-2025

Current Events Current Affairs Analysis

The National Industrial Corridor Development Corporation (NICDC) was honoured with theUdyog Vikas Awardfor its outstanding contribution to developing Greenfield Industrial Smart Cities.

AboutNational Industrial Corridor Development Corporation(NICDC):

What it is:NICDC is India’s premier government body for planning, developing, and implementing industrial corridors and smart cities to boost manufacturing and logistics.

Established in:2007, initially under the Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC) and later expanded as NICDC.

Ministry:Ministry of Commerce and Industry, Government of India.

Objectives:

oDevelop futuristic industrial cities integrated with smart technologies.

oCreate globally competitive manufacturing hubs.

oFoster industrial investments, innovation, and regional economic growth.

oSupport India’s vision of becoming a global manufacturing powerhouse.

Functions:

oDevelop and manageindustrial corridorslike Delhi-Mumbai Industrial Corridor, Chennai-Bengaluru Industrial Corridor, Amritsar-Kolkata Industrial Corridor and Bengaluru-Mumbai Industrial Corridor.

oCoordinate infrastructure planning—transport, logistics, utilities, and IT—across sectors.

oImplement multimodal connectivity to enhance access and reduce logistics costs.

oFacilitatepublic-private partnerships(PPP) for faster project execution.

oAct as a catalyst for employment generation and socio-economic development

98403 94477