In a concerted effort to boost industrial development, the Government of India, through the Department for Promotion of Industry and Internal Trade (DPIIT) and other central ministries, is actively facilitating the establishment of new industries across various States and Union Territories (UTs). A range of initiatives aimed at creating a robust industrial ecosystem are being implemented, with a focus on policy interventions and infrastructural enhancements. These efforts are set to propel India into a competitive position among the world’s top manufacturing and investment destinations.
As part of its broader industrial development strategy, the government has rolled out several key initiatives, including Make in India, Startup India, PM Gati Shakti, and the National Infrastructure Pipeline (NIP). These programs are designed to streamline processes, promote ease of doing business (EoDB), and reduce the compliance burden on industrialists. Furthermore, the government is leveraging modern tools like the National Single Window System (NSWS) and the India Industrial Land Bank to ensure seamless industrial growth. Other notable initiatives include the Production Linked Incentive (PLI) scheme, liberalization of the Foreign Direct Investment (FDI) policy, and the Indian Footwear and Leather Development Programme (IFLDP), among others.
One of the cornerstone projects under this initiative is the National Industrial Corridor Development Programme (NICDP), which focuses on the development of greenfield industrial areas across the country. These areas are designed to serve as world-class manufacturing hubs that can attract both domestic and international investments. Under the NICDP, the government is developing industrial corridors such as the Delhi-Mumbai Industrial Corridor (DMIC) and the Amritsar Kolkata Industrial Corridor (AKIC), aimed at transforming the industrial landscape of India.
A key project under NICDP is the Shendra-Bidkin Industrial Area (SBIA) in Maharashtra. The first phase of SBIA, spanning 4,584 acres, is part of the DMIC initiative. The development of this area has already seen the allocation of over 2,600 acres of land to 294 investors, including South Korean company HYOSUNG, which has been allotted 100 acres. The Prime Minister dedicated the Shendra Industrial Area to the nation in September 2019, with the Bidkin Industrial Area following suit in September 2024. These developments are poised to create significant economic opportunities in Maharashtra, with a projected increase in industrial activities and employment.
Additionally, the Dighi Port Industrial Area in Raigad, Maharashtra, is another major project under the NICDP. Approved for development in August 2024, this 6,056-acre project carries an estimated cost of Rs. 5,468 crore and is expected to generate approximately one lakh direct and indirect jobs while attracting investment worth Rs. 12,000 crore.
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The government is also promoting growth in the leather and footwear industries through the Indian Footwear and Leather Development Programme (IFLDP). In Maharashtra, this includes funding for technology upgrades and the establishment of a Mega Leather Footwear and Accessories Cluster in Ratwad Village, with a total project cost of Rs. 256.42 crore.
Alongside these efforts, the government has been actively supporting industrial growth in regions like Jammu & Kashmir, Ladakh, Himachal Pradesh, and Uttarakhand. Several Central Sector Schemes, such as the Industrial Development Scheme (IDS), have been rolled out, with significant funds disbursed to encourage industrial activities in these states and UTs.
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