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2024

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

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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.