New Delhi: India has showcased an estimated investment potential of about ₹5.35 lakh crore across 20 industrial smart-city projects spanning 13 states, as it seeks manufacturing, technology and logistics partnerships through the National Industrial Corridor Development Programme.
The National Industrial Corridor Development Corporation presented the opportunities at the first INNOPROM India event, being held at Bharat Mandapam in New Delhi from September 9 to 11. The programme brings together Indian and Russian government representatives, manufacturers, investors and technology companies.
The industrial-corridor programme covers 11 corridors and about 19,878 hectares. Four industrial smart cities have been developed, while 16 additional projects are at different stages of implementation.
The four developed locations are the 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.
These cities are being planned as investment-ready manufacturing ecosystems with serviced industrial land, power, water and wastewater systems, digital infrastructure and multimodal links to highways, railways, ports and airports.
The combined projects have an estimated employment potential of nearly 14 lakh jobs. Across the completed and upcoming locations, 469 industrial plots covering about 2,109 hectares have been allotted, representing associated investment potential of roughly ₹2.21 lakh crore and employment potential of around 1.29 lakh people.
The industrial cities are aligned with the PM GatiShakti National Master Plan so that manufacturing locations are connected with major transport and logistics networks. Reliable last-mile infrastructure is intended to reduce delays faced by investors after land allotment and shorten the time required for a unit to begin operations.
At the event, the corporation highlighted opportunities for India–Russia cooperation in advanced engineering, machinery, railway equipment, metals, energy, renewable energy, automobiles, aerospace, defence, pharmaceuticals, chemicals, textiles and other manufacturing technologies.
India and Russia have set a bilateral trade target of $100 billion, estimated at about ₹9.45 lakh crore, by 2030. Manufacturing, investment, localisation, logistics and technology partnerships are expected to play a larger role as the two countries work to broaden trade beyond traditional sectors.
Engagement with Russian companies included business meetings and discussions on industrial clusters, special economic zones and potential manufacturing locations. Earlier interactions have identified the Krishnapatnam Industrial Area in Andhra Pradesh and Tumakuru Industrial Area in Karnataka among the sites that could be explored for cooperation.
The investment figures represent potential rather than money already committed or spent. Conversion into actual projects will depend on company decisions, commercial viability, clearances, infrastructure readiness and the terms offered by individual industrial locations.
The programme’s success will also be measured by the quality of jobs created, the share of domestic value addition and the ability of new units to connect with local suppliers. Industrial corridors can support regional growth when transport infrastructure, urban services and skills development progress alongside factory investment.
The New Delhi event gives India an opportunity to present the smart-city portfolio directly to international manufacturers and investors. Follow-up discussions will determine how much of the stated potential is translated into land allotments, construction, production and sustained employment.
