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India's Industrial Corridors Near Completion, Fueling Rs 2 Lakh Crore Investments

The Indian government's industrial corridor strategy is accelerating, with four corridors completed and four more nearing completion. These projects have already attracted over ₹2 lakh crore in investments across key sectors like electronics and electric vehicles. The recent Union Budget allocated ₹3,000 crore for a new East Coast Industrial Corridor node in Durgapur. Developed under the PM GatiShakti framework, these corridors aim to create globally benchmarked, sustainable manufacturing hubs with plug-and-play infrastructure.

Key Points: India's Industrial Corridors Drive Growth, Attract Massive Investment

  • Four corridors completed
  • Four nearing completion
  • ₹2.02 lakh crore investments attracted
  • East Coast Corridor gets ₹3,000 crore boost
3 min read

Centre's industrial corridor strategy propelling growth across states

Four national industrial corridors completed, four nearing finish, attracting over ₹2 lakh crore in investments across electronics, EVs, and renewables.

"Phase-I cities... have collectively allotted 350 industrial plots, attracting ₹2.02 lakh crore in investments. - Economic Survey 2025-26"

New Delhi, Feb 26

The Centre's strategy of accelerating industrial development has picked up pace, with four National Industrial Corridors already being completed, while another four are nearing completion since the Rs 28,602 crore package was announced for 12 such corridors in 2024-25, according to an official factsheet issued on Thursday.

Union Budget 2026-27 has added further momentum to this growth with the Rs 3,000 crore allocation for the development of an integrated East Coast Industrial Corridor with a well-connected node at Durgapur in West Bengal.

These industrial smart cities are envisioned to develop globally benchmarked manufacturing and investment hubs, featuring plug-and-play facilities and a walk-to-work ecosystem. They aim to create best-in-class, future-ready infrastructure designed ahead of demand.

The projects which cover most states include the Delhi-Mumbai Industrial Corridor (DMIC), Dholera Special Investment Region, Gujarat; Shendra Bidkin Industrial Area, Maharashtra; Integrated Industrial Township - Greater Noida in Uttar Pradesh; Krishnapatnam and Tumakuru industrial areas in Karnataka; Ponneri Industrial Area, Tamil Nadu and Raghunathpur Industrial Park in West Bengal.

Rajasthan, Madhya Pradesh, Punjab, Haryana, Bihar and Andhra Pradesh are some of the other states that have been chosen for these projects,

According to the Economic Survey 2025-26, the Phase-I cities under the projects have collectively allotted 350 industrial plots, attracting ₹2.02 lakh crore in investments across sectors such as electronics, renewables, pharmaceuticals, and Electric Vehicles (EVs).

To advance this model of industrial corridor-led development, the Government of India, together with State Governments, is establishing these belts as planned economic zones supported by strong transport connectivity.

Industrial corridors are linear development zones that connect major economic centres through an integrated network of roads, railways, ports, and airports. The defining features of these corridors are: Promotion of accelerated industrial growth by strengthening the link between industry and core infrastructure. Development along major transport arteries, particularly rail trunk routes, ensuring strong connectivity for efficient movement of freight and the public.

These corridors are aimed at creating globally-comparable infrastructure and business-friendly environment which facilitate economic agglomeration and industrial clustering, helping regions maximise their growth potential.

The Government of India is developing multiple Industrial Corridor Projects under the National Industrial Corridor Programme (NICDP), guided by the PM GatiShakti framework to ensure coordinated, multimodal connectivity for major economic zones.

These projects are being developed through a sustainability-focussed framework that supports the transition towards Low-Carbon Cities (LCCs) through the creation of extensive green spaces, provision of public transit systems and integration of renewable energy sources.

- IANS

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Reader Comments

P
Priya S
Good to see West Bengal getting a node in the East Coast corridor with Durgapur. Eastern states need this industrial push for balanced regional development. Hope it brings real opportunities for local youth and doesn't just benefit big corporates.
R
Rohit P
₹2.02 lakh crore investment is a huge number! If executed properly, these corridors can be game-changers. My only concern is the displacement of farmers and small landowners. The government must ensure fair compensation and rehabilitation. Development should be inclusive.
S
Sarah B
The plug-and-play concept and walk-to-work ecosystems sound fantastic. It reduces the initial hassle for businesses and improves quality of life for employees. Hope the "future-ready" claim holds true with proper digital infrastructure and sustainable planning.
K
Karthik V
As someone from Tamil Nadu, glad to see Ponneri mentioned. But the real test is on-ground execution and timely completion. We've seen projects get delayed for years. Hope the GatiShakti framework actually speeds things up. Fingers crossed!
M
Michael C
The scale is impressive and the economic logic is sound. Creating industrial clusters near transport arteries boosts efficiency. The focus on EVs and pharmaceuticals aligns well with global trends. This could significantly boost India's manufacturing exports.

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