An integrated system of governance driving coordinated industrial development and strategic execution across corridors.
2007
To develop India as a global manufacturing and investment destination with high-capacity transportation network, creating new industrial cities as ‘smart cities’ and converging next generation technologies across different sectors thereby creating employment opportunities and economic growth leading to overall socio-economic development.
2016
After the inception of Delhi Mumbai Industrial Corridor (DMIC) in 2007, a trust fund was set up in the name of DMIC Trust fund to carry out project development and implementation activities. In December 2016, the mandate of DMIC Trust was renamed to include broader industrial corridor initiatives under NICDIT.
2020
A Special Purpose Vehicle, Delhi-Mumbai Industrial Corridor Development Corporation Limited (DMICDC), was incorporated on 7th January, 2008, as the project development agency for DMIC Trust. Thereafter, for expanded scope of programmes, DMICDC was renamed as National Industrial Corridor Development Corporation Limited (NICDC).
NICDC’s equity structure reflects a strong collaboration between key government and financial institutions. Each stakeholder contributes to building world-class industrial infrastructure and driving India’s industrial transformation.
The institutional structure approved by Government of India for developing and implementing various industrial corridor projects is as under:
Special Purpose Companies would be established for project implementation, operation, maintenance and management of such facilities.
Apex Monitoring Authority (Chaired by FM)
Apex Monitoring Authority (Chaired by FM)
Punjab
Punjab Urban Planning & Development Authority (PUDA)
Uttar Pradesh
Uttar Pradesh State Industrial Development Corporation (UPSIDA)
Haryana
Haryana State Industrial & Infrastructure Development Corporation (HSIIDC)
Gujarat
Dholera Special Investment Region Development Authority (DSIRDA)
Madhya Pradesh
Madhya Pradesh Industrial Development Corporation (MPIDC)
Uttar Pradesh
Greater Noida Industrial Development Authority (GNIDA)
Maharashtra
Maharashtra Industrial Development Corporation (MIDC)
Karnataka
Karnataka Industrial Areas Development Board (KIADB)
Andhra Pradesh
Andhra Pradesh Industrial Infrastructure Corporation Ltd. (APIIC)
Kerala
Kerala Industrial Infrastructure Development Corporation (KINFRA)
Tamil Nadu
Tamil Nadu Industrial Development Corporation Ltd. (TIDCO)
Rajasthan
Rajasthan State Industrial Development and Investment Corporation (RIICO)
