India to Invest ₹28,000 Crore in 12 Industrial Nodes and 100 Industrial Parks
India’s industrial infrastructure, President Droupadi Murmu recently announced that the government would invest ₹28,000 crore towards the establishment of 12 industrial nodes and the development of 100 industrial parks across various cities in India. This announcement marks a significant step in the government’s ongoing efforts to bolster the nation’s economic growth and industrial capabilities.
The industrial nodes and parks will be strategically located across multiple states to boost industrial activity and provide a much-needed infrastructure upgrade. The proposed locations for these developments include cities such as Khurpia (Uttarakhand), Rajpura-Patiala (Punjab), Dighi (Maharashtra), Palakkad (Kerala), Agra and Prayagraj (Uttar Pradesh), Gaya (Bihar), Zaheerabad (Telangana), Orvakal and Kopparthy (Andhra Pradesh), and Jodhpur-Pali (Rajasthan). These industrial areas are set to become hubs of economic activity, providing infrastructure that can support various industries and create significant employment opportunities. The initiative forms part of the National Industrial Corridor Development Programme, which was approved by the Cabinet in August 2024. These new industrial hubs will be developed as greenfield smart cities, designed to incorporate modern infrastructure that aligns with the latest technological advancements. The goal is to create self-sustaining industrial areas, built on the “plug-n-play” and “walk-to-work” concepts, where businesses and workers can seamlessly operate within well-connected spaces.
The proposed industrial nodes will serve as vital components of India’s broader strategy to enhance its industrial infrastructure, which is critical for sustaining long-term economic growth. By creating these industrial parks, the government aims to improve the ease of doing business, attract foreign investments, and enable small and medium enterprises (SMEs) to thrive. These developments are expected to make a significant contribution to India’s manufacturing sector, which has been a core pillar of the economy. In addition to improving physical infrastructure, President Murmu also highlighted the government’s efforts to make digital commerce more inclusive. The government is working towards empowering small businesses by enabling them to participate in the digital economy through the Open Network for Digital Commerce (ONDC). This initiative will help small businesses compete in the online marketplace, providing them with new opportunities to expand their reach and customer base.
The government is also working to simplify regulations to promote ease of doing business in India. The Credit Guarantee Scheme for MSMEs, which aims to provide financial assistance to small businesses, is one such initiative that will help foster entrepreneurship and boost economic activity. Furthermore, the government has undertaken an extensive review of pre-Constitution laws, resulting in the simplification of over 40,000 regulations and the decriminalisation of 3,500 provisions. These measures are designed to modernise the regulatory framework, making it more conducive to business and economic growth. With the creation of 12 industrial nodes and 100 industrial parks, the Indian government is clearly focused on upgrading its industrial infrastructure, paving the way for a more robust and sustainable economic future. These developments are expected to not only create millions of jobs but also foster innovation, attract investments, and strengthen the country’s position in the global industrial landscape. This ₹28,000 crore investment in industrial development represents a critical step towards driving India’s industrialisation. By focusing on modern, sustainable infrastructure and supporting small businesses, the government is laying the foundation for future economic growth, job creation, and a more competitive industrial ecosystem.
