While the entire world has gone through some disruptive changes because of the pandemic, it has also opened a window of opportunity for India. Regionalisation of manufacturing supply chain (Make in India 2.0) and strengthening of domestic manufacturing base (Atmanirbhar Bharat) makes India a global or regional hub in manufacturing. In our last research titled, India Manufacturing Reimagined: Now & Beyond released in Jan, 2021 we captured how India has been a leader among MITI-V (Malaysia, Indonesia, Thailand, India & Vietnam) countries for manufacturing investments in 2020. This research takes a larger horizon and domain – what are the major infrastructure projects planned in India on a medium to long term, which can impact the manufacturing and logistics climate in India? What’s the ground status and progress? How is the transition expected and where?
Industrial Corridors - Destination of Choice
We explore Industrial Corridors, the nerve centre of an economic ecosystem built around a transportation corridor connecting major manufacturing zones, urban centres, and social infrastructure in India. It traverses through the genesis of Industrial Corridors and some examples across the world. This also takes into consideration the decadal evolution of Industrial Corridors in India and traces the manufacturing investments already committed along these corridors.
Strengthening Infrastructure Backbone
India intends to spend USD 1.4 trillion on infrastructure by 2023 to strengthen the backbone of the country. This report also puts a lens on four key physical and digital infrastructure projects in India and how they have the potential to transform India’s economy.
- Dedicated Freight Corridor
- Bharatmala Program
- National Infrastructure Pipeline
- LEEP – Logistics Efficiency Enhancement Program
India stands in growth path of transformation in manufacturing and logistics sectors. The Industrial Corridors set the perfect backdrop and ecosystem for the same. Explore the journey of Industrial Corridors so far and what lies ahead.