The primary objective of NICDIT is to establish greenfield smart industrial cities equipped with sustainable ‘plug n play’ infrastructure and information and communications technology (ICT)-enabled utilities

During the meeting, Sitharaman stressed the significance of avoiding the politicisation of economic development.

New Delhi: Finance Minister Nirmala Sitharaman on Tuesday conducted a thorough review of the projects under the National Industrial Corridor Development and Implementation Trust (NICDIT). This meeting marked the second gathering of the apex monitoring authority of the NICDIT and was organized in a hybrid mode in New Delhi.The primary objective of NICDIT is to establish greenfield smart industrial cities equipped with sustainable “plug n play" infrastructure and information and communications technology (ICT)-enabled utilities. It operates within the framework of the PM GatiShakti National Master Plan (NMP) and aims to develop high-quality infrastructure and prepared land parcels to attract investments in the manufacturing sector. This approach is crucial for positioning India favorably in the Global Value Chains (GVCs).During the review, Special Secretary DPIIT apprised that as per the directions of the Finance Minister in the previous meeting, round table conferences, road shows and meetings with international associations are being organised at different places with the support of states and special purpose vehicles (SPVs).