Q. How many corridors are being developed under the National Industrial Corridor Development Programme (NICP)?
Answer:
11
Notes: The Government of India and Asian Development Bank (ADB) on 15th December 2023 signed a $250 million policy-based loan that will continue support to industrial corridor development to make manufacturing more competitive, strengthen national supply chains and links with regional and global value chains, and create more and better jobs.
The National Industrial Corridor Development Programme (NICP) has been conceived to promote world-class manufacturing facilities and develop futuristic industrial cities in India. 11 Industrial Corridors are being developed under the programme. It is under the administrative control of the Department of Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry.