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India is on the cusp of a transformative journey, with its smart city initiatives and industrial corridors playing pivotal roles in driving economic growth. The country is projected to achieve a GDP growth of 6.5% in FY26, positioning itself as a significant player in global value chains. However, as India accelerates towards its vision of a Viksit Bharat by 2047, it must ensure that sustainability and inclusion remain at the forefront of its development strategy.
Launched in June 2015, the Smart Cities Mission has been instrumental in enhancing urban infrastructure and quality of life across 100 cities. As of July 2024, 90% of projects worth ₹1.44 lakh crore have been completed, with the remaining projects nearing completion by March 2025[1][3]. This mission focuses on leveraging technology to optimize infrastructure, improve citizen services, and foster economic growth. Cities like Bhubaneswar, Indore, and Ahmedabad are leading examples of successful smart city transformations, integrating innovative urban planning with sustainable practices[1].
The National Industrial Corridor Development Programme (NICDP) aims to establish 12 industrial smart cities along the Golden Quadrilateral, fostering a world-class industrial ecosystem. These cities will integrate 'plug-n-play' and 'walk-to-work' frameworks, ensuring seamless integration of industrial and residential zones[4]. This initiative is expected to generate significant employment opportunities and stimulate regional economic growth.
India’s strategic investments in mobility innovation, including electric vehicles and smart public transport systems, are crucial for sustainable urban development. These initiatives not only reduce environmental impact but also enhance connectivity and efficiency, making cities more livable and attractive for investment[1][2].
As India accelerates its development pace, it is essential to ensure that growth is balanced with sustainability and inclusion. This involves integrating green technologies, promoting inclusive urban planning, and ensuring that the benefits of development reach all segments of society.
India’s journey towards becoming a Viksit Bharat by 2047 is ambitious and promising. With a young workforce and strategic investments in smart cities, industrial corridors, and mobility innovation, India is poised to strengthen its position in global value chains. However, the path forward must be guided by a commitment to sustainability and inclusion, ensuring that growth benefits all and contributes to a greener, more equitable future.
