Finance Minister Sitharaman reviews progress of NICDIT projects

India's Finance Minister, Nirmala Sitharaman, has reviewed the progress of the National Industrial Corridor Development and Implementation Trust (NICDIT). The project aims to develop "plug & play" information and communications technology-enabled smart industrial cities with the necessary infrastructure for the manufacturing sector. It is part of the PM GatiShakti National Master Plan and seeks to attract investment and position India in global value chains. During the meeting, Sitharaman emphasized the importance of freight and industrial corridors, railways and expressways, to ignite industrialisation and achieve India's economic development by 2047.

Finance Minister Sitharaman reviews progress of NICDIT projects
India's Finance Minister, Nirmala Sitharaman, has reviewed the progress of the National Industrial Corridor Development and Implementation Trust (NICDIT). The project aims to develop "plug & play" information and communications technology-enabled smart industrial cities with the necessary infrastructure for the manufacturing sector. It is part of the PM GatiShakti National Master Plan and seeks to attract investment and position India in global value chains. During the meeting, Sitharaman emphasized the importance of freight and industrial corridors, railways and expressways, to ignite industrialisation and achieve India's economic development by 2047.