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Tender: NICDC to support IMC Hisar development

Fiinews by Fiinews
August 21, 2025
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Nicdc Haryana

NICDC-Haryana Govt signed agreements to develop IMC Hisar.

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IMC Hisar is being developed under AKIC

The Amritsar-Kolkata Industrial Corridor (AKIC) initiative achieved an important milestone with the signing of the State Support Agreement (SSA) and Shareholder Agreement (SHA) between the National Industrial Corridor Development and Implementation Trust (NICDIT), Government of Haryana and Haryana Airports Development Corporation (HADC) https://www.commerce.gov.in/.

Under this partnership, the National Industrial Corridor Development Corporation (NICDC) will support the Government of Haryana in developing the Integrated Manufacturing Cluster (IMC) at Hisar. It is one of the 20 projects currently being developed by NICDC in collaboration with State Governments across India.

These agreements reflect the Government of India’s strong commitment to support industrial growth and create world-class infrastructure in Haryana, starting with the development of the Integrated Manufacturing Cluster (IMC) Hisar. By strengthening local manufacturing capabilities and encouraging both domestic and international investments, the AKIC will play a key role in advancing the Make in India initiative and helping India become more self-reliant and globally competitive https://www.conexpoconagg.com/.

Integrated Manufacturing Cluster (IMC) Hisar is expected to become a major driver of economic growth in the state. Its development will foster a business-friendly environment, drive large-scale employment generation, and further strengthen Haryana’s position as a leading industrial destination. The cluster is expected to attract significant interest from investors across India and the world, giving a major boost to the country’s manufacturing sector https://www.nseindia.com/.

IMC Hisar, spread across 2,988 acres, is being developed under the Amritsar-Kolkata Industrial Corridor near the newly inaugurated Maharaja Agrasen International Airport, Hisar, Haryana. With an investment potential of Rs.32,417 crore and a project cost of Rs.4,680 crore, it is expected to generate 1.25 lakh jobs. The development offers excellent connectivity via NH-52, NH-09, rail links, and proximity to major logistics hubs. With advanced infrastructure and proximity to Hisar city, this IMC is set to become an important part of Haryana and North India’s industrial future https://www.bseindia.com/.

The agreements were signed by Chief Executive Officer and Managing Director, NICDC, Rajat Kumar Saini; Commissioner and Secretary to the Government of Haryana, Civil Aviation Department, Amneet P. Kumar; and Managing Director, HADC, Government of Haryana, Narhari Singh Banger (picture above) https://sbi.com.in/.

This futuristic collaboration sets the foundation for the development of these industrial clusters which will serve as strategic hubs under the Amritsar-Kolkata Industrial Corridor and contribute to India’s vision of becoming a leading global manufacturing hub, the Ministry of Commerce and Industry said on 20 Aug. fiinews.com

Tags: Ministry of Commerce and Industry
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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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