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  1. 12 new industrial cities to be setup with ₹28,602-crore investment, Cabinet gives nod; check full list

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12 new industrial cities to be setup with ₹28,602-crore investment, Cabinet gives nod; check full list

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2 min read | Updated on August 28, 2024, 17:09 IST

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SUMMARY

The move will transform the industrial landscape of the country, creating a robust network of industrial nodes and cities that will significantly boost economic growth and global competitiveness.

These projects will create an investment potential of about ₹1.52 lakh crore

These projects will create an investment potential of about ₹1.52 lakh crore

The Union Cabinet on Wednesday approved 12 new industrial cities in 10 states to boost domestic manufacturing with an estimated investment of ₹28,602 crore.

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Spanning across 10 states and strategically planned along six major corridors, these projects represent a significant leap forward in India's quest to enhance its manufacturing capabilities and economic growth.

Here is the full list of cities:

No.CityState
1KhurpiaUttarakhand
2Rajpura-PatialaPunjab
3DighiMaharashtra
4PalakkadKerala
5AgraUttar Pradesh
6PrayagrajUttar Pradesh
7GayaBihar
8ZaheerabadTelangana
9OrvakalAndhra Pradesh
10KopparthyAndhra Pradesh
11JodhpurRajasthan
12PaliRajasthan

The Union Cabinet has approved 12 new project proposals under the National Industrial Corridor Development Programme (NICDP) with an estimated investment of ₹28,602 crore, said Union Minister Ashwini Vaishnaw after the Cabinet meeting.

The move will transform the industrial landscape of the country, creating a robust network of industrial nodes and cities that will significantly boost economic growth and global competitiveness.

They will be developed as greenfield smart cities of global standards.

The approach ensures that the cities are equipped with advanced infrastructure that supports sustainable and efficient industrial operations.

NICDP is expected to generate significant employment opportunities, with an estimated 1 million direct jobs and up to 3 million indirect jobs being created through planned industrialisation.

These projects will create an investment potential of about ₹1.52 lakh crore.

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Press Trust of India (PTI) is India's premier news agency.

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