Speaking at the FICCI: CEO Roundtable ‘Viksit Bharat- India Manufacturing Leaders’ Forum, Commerce and Industry Minister Piyush Goyal has urged businesses to identify areas for investment in the 20 proposed industrial parks across India. The government is developing associated infrastructure including walk to work facilities, schools, hospitals and plug-n-play facilities in these parks.
The Union Cabinet has so far approved 12 Industrial nodes/cities worth ₹28,602 crores under National Industrial Corridor Development Programme (NICDC) across 10 states, which will be built ahead of demand and will offer discounts to anchor investors.
The government expects these industrial nodes to act as catalysts for achieving $2 trillion in exports by 2030. Expressing hope of getting more than estimated investment in the 26,000 acres of land in industrial parks, the Minister said that many companies may queue up to invest in and around industrial parks, as he pointed to Toyota’s investment in Sambhaji Nagar.
