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        News and Press Release

        Policy Intiative Development of Industrial / Economic

        December 23, 2015

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        Government of India has adopted the strategy of developing integrated industrial/economic corridors in partnership with State Governments for boosting industrial development.  The details of five industrial/economic corridors are as follows:

        (i)  Delhi Mumbai Industrial Corridor (DMIC): The project spans the States of Uttar Pradesh, Haryana, Rajasthan, Madhya Pradesh, Gujarat and Maharashtra along the Western Dedicated Freight Corridor (DFC) of the railways.  Initially, 8 nodes/cities in the six DMIC states have been taken up for development. 

        (ii) Chennai-Bengaluru Industrial Corridor (CBIC): Master Planning of the following   three industrial nodes has been completed:-

        1.   Ponneri ( Tamil Nadu)

        2.   Tumkur ( Karnataka)

        3.   Krishnapatnam (Andhra Pradesh)

        (iii) Bengaluru-Mumbai Economic Corridor (BMEC): The following one node has been identified for master planning:

        1.    Dharwad ( Karnataka)

        (iv) Vizag-Chennai Industrial Corridor (VCIC): The following two nodes for master planning have been identified:

        1.  Visakhapatnam ( Andhra Pradesh)

        2.  Srikalahasti-Yerpedu ( Andhra Pradesh)

        (v) Amritsar-Kolkata Industrial Corridor (AKIC): Feasibility study with respect to the Inception Report has been completed.

        National Industrial Corridor Development Authority (NICDA) has not been constituted yet.

        This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Rajya Sabha today.

        Integrated industrial corridors policy advances master planning for designated nodes while institutional authority remains unconstituted. The Government adopted a strategy to develop integrated industrial/economic corridors with State Governments. Five corridors are identified with specified nodes: DMIC along the Western Dedicated Freight Corridor with initial nodes across six states; CBIC with master planning completed for Ponneri, Tumkur and Krishnapatnam; BMEC identifying Dharwad; VCIC identifying Visakhapatnam and Srikalahasti-Yerpedu; and AKIC with a completed feasibility inception report. The National Industrial Corridor Development Authority has not been constituted.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Integrated industrial corridors policy advances master planning for designated nodes while institutional authority remains unconstituted.

                                The Government adopted a strategy to develop integrated industrial/economic corridors with State Governments. Five corridors are identified with specified nodes: DMIC along the Western Dedicated Freight Corridor with initial nodes across six states; CBIC with master planning completed for Ponneri, Tumkur and Krishnapatnam; BMEC identifying Dharwad; VCIC identifying Visakhapatnam and Srikalahasti-Yerpedu; and AKIC with a completed feasibility inception report. The National Industrial Corridor Development Authority has not been constituted.





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                                ActsIncome Tax
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