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<h1>India Expands Delhi Mumbai Project, Launches National Industrial Corridor Trust to Develop Five Major Corridors Nationwide.</h1> The Government of India has expanded the mandate of the Delhi Mumbai Industrial Corridor Project Implementation Trust Fund, re-designating it as the National Industrial Corridor Development and Implementation Trust (NICDIT). NICDIT will oversee the development of five major industrial corridors: Delhi Mumbai, Chennai Bengaluru, Amritsar Kolkata, Bengaluru Mumbai, and Vizag Chennai. It will manage project development, appraisal, approval, and monitoring. Government contributions will form a revolving corpus to support future industrial city development. Financial allocations for 2016-17 and 2017-18 are specified, with significant funding directed towards the Delhi Mumbai Industrial Corridor.