Section

GoI's smart city initiative: Paving the way for a manufacturing revolution and millions of jobs

By Economic Times - 3 months ago
The Government of India's plan to establish smart cities along industrial corridors aims to boost manufacturing exports and reduce logistics costs. By upgrading connectivity and offering technology-driven solutions, these industrial hubs are expected to attract significant investment, potentially creating 4 million jobs. The initiative builds on India's history of industrialization through dedicated urban pockets and aligns with Production-Linked Incentives. However, the success of these cities will depend on state cooperation and addressing regional disparities in industrial development.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.