Government Develops Industrial Townships Under NICDP Through Centre-State Partnership Model

The Ministry of Commerce & Industry has approved 20 industrial nodes under the National Industrial Corridor Development Programme (NICDP) using a centre‑state partnership model where states provide land and the Union Government contributes equity and/or debt. DPIIT has sanctioned ₹16,172.95 crore to the National Industrial Corridor Development and Implementation Trust (NICDIT), which has released ₹14,569.97 crore to project SPVs for development. Four of the approved nodes – Dholera (Gujarat), Shendra‑Bidkin (Maharashtra), Integrated Industrial Township – Greater Noida (Uttar Pradesh) and Integrated Industrial Township – Vikram Udyogpuri (Madhya Pradesh) – have been completed, with the remaining 16 projects under implementation within a 36‑48‑month construction timeline.