Plan for India government to fund ADKIC project

India’s Inter Ministerial Group (IMG) has proposed that the country’s central government allocate more than €668 million (INR 56.1 billion) for the Amritsar-Delhi-Kolkata Industrial Corridor (ADKIC). The 15-year funding would develop an Integrated Manufacturing Cluster in Uttar Pradesh, Punjab, Jharkhand, Haryana, West Bengal, Bihar and Uttarakhand where the 150km-200km corridor passes. The ADKIC’s 20-city spread will be aligned to the Eastern Development Freight Corridor (EDFC) and will use the Public P
September 19, 2013 Read time: 1 min
India’s Inter Ministerial Group (IMG) has proposed that the country’s central government allocate more than €668 million (INR 56.1 billion) for the Amritsar-Delhi-Kolkata Industrial Corridor (ADKIC).

The 15-year funding would develop an Integrated Manufacturing Cluster in Uttar Pradesh, Punjab, Jharkhand, Haryana, West Bengal, Bihar and Uttarakhand where the 150km-200km corridor passes. The ADKIC’s 20-city spread will be aligned to the Eastern Development Freight Corridor (EDFC) and will use the Public Private Partnership (PPP) and non-PPP approach.

The Government’s proposed support will include share in equity, an initial project development grant to ADKIC Development Corporation, and subsidy and trunk infrastructure development. An Apex Monitoring Authority was proposed for the project.
Highway & Network Management Road Structures

Related Content

  • Demand diversity in the construction equipment sector
    June 1, 2015
    Demand within the global construction equipment manufacturing industry is anything but homogenous, with certain countries and sales regions significantly outperforming others, with a whole host of factors fuelling and suppressing each key market - Guy Woodford reports
    Read More
  • India developing road expansion plans
    August 26, 2016
    A major programme of road development is planned for the Indian states of Bihar, Karnataka, Rajasthan, Odisha and West Bengal. In all some 1,120km of the country’s National Highways will be constructed in these states. This plan for road development forms part of the National Highways Interconnectivity Improvement Project. So far some 429km of these new roads have been completed, with all of the work expected to be finished by mid-2024. The work was initially expected to cost US$773 million but unforeseen e
    Read More
  • IDB, iRAP extend Latin America-Caribbean work
    February 25, 2025
    The five-year deal was signed during the Ten Steps to 2030 for Safer Road Infrastructure Side Event at the recent 4th Global Ministerial Conference on Road Safety underway in Marrakech, Morrocco.
    Read More
  • Thiruvananthapuram City Road Improvement Project to tackle congestion
    November 19, 2015
    Thiruvananthapuram, the capital city of Kerala (India) had been witnessing rapid urbanisation. The government of Kerala implemented the Thiruvananthapuram City Road Improvement Project (TRCIP) to widen the 42km of existing road network to cater for the needs of rapid urbanisation. The government of Kerala started the initiative with the Enactment of Kerala Road Fund Act in 2001 and setting up of the Kerala Road Fund Board (KRFB) in 2004 to approve the Public Private Partnership arrangements and allocate
    Read More

Highlighted Content