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An industrial corridor is a package of infrastructure spending allocated to a specific geographical area, with the intent to stimulate industrial development. [ 1 ] An industrial corridor aims to create an area with a cluster of manufacturing or another industry.
The Union Cabinet approved the Palakkad industrial city, part of a 12-city initiative under the National Industrial Corridor Development program. The city will be built on 1,710 acres, with an estimated investment of ₹28,602 crore. Palakkad is a key component of the Kochi-Bengaluru industrial corridor, expected to attract ₹10,000 crore in ...
The Industrial Policy Framework for the State of Telangana recognizes that Industrialization is recognized as a key source of the economic growth and development of the Indian state of Telangana. This framework came into force on 1 December 2014.
The Asian Development Bank coined the term economic corridor in 1998 to describe networks between different economic agents in a region. [3]In practice, the term has most often been used to connote road highways such as the East-West Economic Corridor or the Southern Economic Corridor of the Greater Mekong Subregion.
The industrial corridor, as part of the national industrial corridor, will be extended through Coimbatore to Kochi. The National Industrial Corridor Development and Implementation Trust (NICDIT) intimated the Centre’s decision regarding this to the state government. Among the two Integrated Manufacturing Cluster (IMC) that will be developed ...
In industrial policy, the government takes measures "aimed at improving the competitiveness and capabilities of domestic firms and promoting structural transformation". [5] A country's infrastructure (including transportation, telecommunications and energy industry ) is a major enabler of industrial policy.
Raipur–Ranchi-Dhanbad Expressway (NH), part of Raipur–Dhanbad Economic Corridor (EC-07), is an under-construction, Four-lane, 707 km (439 mi) long access-controlled greenfield expressway, which will pass through the states of Chhattisgarh, and Jharkhand from central to eastern India.
Economic Corridors of India or Industrial Corridors of India, 44 corridors 26,200 km (16,300 mi) were identified and 9,000 km (5,600 mi) will be taken up in phase-I, they exclude 6 National Corridors, they include: [17] 66 8,000 km (5,000 mi) inter-corridors (IC) & 116 7,500 km (4,700 mi) feeder routes (FR) were identified for Bharatmala.