Diversification is a must for Industrial Development

Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman has informed that the Union Government is promoting industrial development across the country, including areas with low industrialisation through schemes like Special Package Scheme, North East Industrial and Investment Policy (NEIIP) 2007, Freight Subsidy Scheme (FSS) 2013, Industrial Infrastructure Upgradation Scheme (IIUS) and Indian Leather Development Programme (ILDP).

Further, in order to incentivize industrial growth across the country, the Government is promoting Industrial Corridors as follows:-

(a). Delhi-Mumbai Industrial Corridor (DMIC)

(b). Chennai-Bengaluru Industrial Corridor (CBIC)

(c). Bengaluru-Mumbai Economic Corridor (BMEC)

(d). Vizag-Chennai Industrial Corridor (VCIC)

(e). Amritsar-Kolkata Industrial Corridor (AKIC)

Under DMIC, seven nodes have been identified in the first phase, which are as under:-

(i) Ahmedabad-Dholera Special Investment Region, Gujarat

(ii) Shendra – Bidkin Industrial Park, Maharashtra

(iii) Integrated Industrial Township, Vikram, Udyogpuri, Madhya Pradesh

(iv) Integrated Industrial Township, Greater Noida, Uttar Pradesh

(v) Manesar – Bawal Investment Region, Haryana

(vi) Pithampur – Dhar – Mhow Investment Region, Madhya Pradesh

(vii) Khushkhera – Bhiwadi – Neemrana Investment Region, Rajasthan

Under CBIC, following three nodes have been identified:-

(i) Ponneri, Tamil Nadu

(ii) Tumkur, Karnataka

(iii) Krishnapatnam, Andhra Pradesh

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