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What are the Key Features of the Approved Industrial Smart Cities?

What are the Key Features of the Approved Industrial Smart Cities?

Medium⏱️ 8 min read95% Verified
economy

📖 Introduction

<h4>Introduction to Industrial Smart Cities</h4><p>The approved <strong>Industrial Smart Cities</strong> are a strategic initiative by the Government of India, designed to bolster the nation's economic prowess and integrate it more deeply into <strong>global value chains</strong>.</p><p>These cities are envisioned as modern industrial hubs, equipped with advanced infrastructure and sustainable practices to attract investment and foster employment.</p><h4>Alignment with National Economic Goals</h4><p>A primary objective of developing these smart cities is to align with India's ambitious <strong>national economic goals</strong>.</p><div class="info-box"><p>The government aims to achieve <strong>USD 2 trillion in exports by 2030</strong>, and these industrial cities are crucial facilitators for reaching this target.</p></div><h4>Integration with PM GatiShakti National Master Plan</h4><p>The development projects for these cities are meticulously aligned with the <strong>PM GatiShakti National Master Plan</strong>.</p><p>This alignment ensures the incorporation of robust <strong>multi-modal connectivity infrastructure</strong>, vital for efficient logistics.</p><p>The goal is to enable <strong>seamless movement of people, goods, and services</strong>, thereby enhancing logistical efficiency and streamlining supply chains across the country.</p><h4>Strategic Location: Golden Quadrilateral</h4><p>These industrial smart cities are strategically planned to form a <strong>'necklace of industrial cities'</strong>.</p><p>Their location along the <strong>Golden Quadrilateral</strong> significantly enhances regional connectivity and stimulates industrial growth in key economic corridors.</p><div class="key-point-box"><p>The <strong>Golden Quadrilateral</strong> network is pivotal for connecting India's major industrial, agricultural, and cultural centers, facilitating trade and transport.</p></div><h4>Attracting Foreign Direct Investment (FDI)</h4><p>A significant feature is their design to actively <strong>attract Foreign Direct Investment (FDI)</strong>.</p><p>Countries like <strong>Singapore</strong> and <strong>Switzerland</strong> are targeted sources for these crucial investments, boosting India's economic landscape.</p><h4>Job Creation Potential</h4><p>The projects are projected to be major engines for <strong>employment generation</strong>.</p><div class="info-box"><p>Estimates suggest the creation of approximately <strong>10 lakh direct jobs</strong> and up to <strong>30 lakh indirect jobs</strong> across various sectors.</p></div><h4>Investment Potential</h4><p>The development of these industrial smart cities holds substantial <strong>investment potential</strong>.</p><div class="info-box"><p>The anticipated investment is around <strong>Rs 1.5 lakh crore</strong>, indicating a massive economic stimulus.</p></div><h4>Promoting Sustainability and Global Value Chains</h4><p>Cities developed under the <strong>National Industrial Corridor Development Programme (NICDP)</strong> prioritize <strong>sustainability</strong>.</p><p>They integrate <strong>ICT-enabled utilities</strong> and <strong>green technologies</strong> to minimize environmental impact.</p><p>Furthermore, these cities offer <strong>ready-to-allot land parcels</strong>, making them highly attractive to both domestic and international investors.</p><p>This approach aims to strengthen India's position and role in <strong>global value chains</strong>, fostering a competitive industrial ecosystem.</p><div class="exam-tip-box"><p>Understanding the dual focus on <strong>economic growth</strong> and <strong>environmental sustainability</strong> is crucial for Mains answers, especially in <strong>GS Paper 3</strong>.</p></div>
Concept Diagram

💡 Key Takeaways

  • Designed to achieve $2 trillion exports by 2030.
  • Aligned with PM GatiShakti for multi-modal connectivity and logistics efficiency.
  • Part of a 'necklace of industrial cities' along the Golden Quadrilateral.
  • Aims to attract Rs 1.5 lakh crore investment and create 10 lakh direct, 30 lakh indirect jobs.
  • Promotes sustainability through ICT and green technologies, strengthening global value chains.

🧠 Memory Techniques

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📚 Reference Sources

Ministry of Commerce & Industry, Government of India (for NICDP and export targets)
PM GatiShakti National Master Plan official documentation