The National Industrial Corridor Development Corporation Limited (NICDC), under the Department for Promotion of Industry and Internal Trade, Ministry of Commerce & Industry, participated in INNOPROM India 2026 held in New Delhi from 9–11 September 2026. The event brought together government officials, manufacturers, technology companies and investors from India and Russia to explore manufacturing and investment opportunities. The two countries have set a bilateral trade target of approximately ₹9.45 lakh crore (US$100 billion) by 2030.
What NICDC showcased
NICDC presented India’s National Industrial Corridor Development Programme (NICDP), one of the country’s largest planned industrial infrastructure initiatives. The programme spans 11 industrial corridors, 20 greenfield industrial smart cities and 13 states.
- Four industrial smart cities have been completed: Dholera Special Investment Region in Gujarat, Shendra-Bidkin Industrial Area in Maharashtra, Integrated Industrial Township Greater Noida in Uttar Pradesh, and Integrated Industrial Township Vikram Udyogpuri in Madhya Pradesh.
- Sixteen additional projects are at various stages of development.
- Combined, these projects cover approximately 19,878 hectares with estimated investment potential of around ₹5.35 lakh crore (US$56.6 billion) and employment potential of nearly 1.4 million jobs.
- To date, 469 industrial plots covering approximately 2,109 hectares have been allotted, representing investment potential of around ₹2.21 lakh crore and employment for approximately 129,000 persons.
The developed industrial cities function as investment-ready, plug-and-play manufacturing ecosystems offering serviced industrial land, reliable power, water systems, digital infrastructure and connections to highways, railways, ports and airports.
NICDC is also managing other government initiatives, including seven PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks and supporting the Bharat Audyogik Vikas Yojna (BHAVYA), which will develop 100 investment-ready industrial parks across India from FY 2026–27 to FY 2031–32 with an overall outlay of approximately ₹33,660 crore.
What this means for you
If you work in manufacturing, logistics or technology sectors, these industrial cities offer potential employment and investment opportunities. Investors, business owners and companies looking to set up operations in India can access investment-ready land and infrastructure through NICDC platforms. The Industrial Corridor Land Platform provides information on over 4,000 industrial parks to help with site selection. India’s push for manufacturing cooperation with Russia and enhanced logistics infrastructure may create new business partnerships and supply chain opportunities across sectors including automobiles, textiles, pharmaceuticals and advanced manufacturing.