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Transforming India – Industrial Corridors
India is fast developing world-class infrastructure and boosting production to emerge as the global manufacturing hub in the post-Covid world. Industrial Corridors provide an effective way of achieving this by integrating industry and infrastructure. They offer multi-modal connectivity, world-class infrastructure, and state-of-the-art, modern technology to industries, helping them become globally competitive. The Industrial Corridors also support the region by developing sustainable, futuristic, industrial cities at major nodes. These Smart Cities provide employment opportunities, and bring about social and economic growth of the region. Realising the importance of Industrial Corridors in boosting growth, the government has made them a major focus area in Gati Shakti – the National Master Plan for Infrastructure Development. 32 projects under 11 Industrial Corridors have been envisioned to be developed in four phases by 2024-25. In this episode, we take a look at the role of Industrial Corridors in the growth of India’s economic and social growth. With best-in-class infrastructure facilities and logistics support, these Industrial Corridors are also making India most preferred investment destination.