• Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) Limited, a special purpose company, was incorporated to establish, promote and facilitate development of Delhi Mumbai Industrial Corridor Project.

 

• Further, after announcement of other Industrial Corridor Projects, the mandate of DMICDC Ltd. has been expanded to develop and implement all Industrial Corridor Projects in the country and accordingly, the name has been changed to National Industrial Corridor Development Corporation (NICDC) Limited.

 

• NICDC is mandated to undertake project development activities for Investment Regions / Industrial Areas / Economic Regions / Industrial Nodes and Townships / Integrated Manufacturing Clusters / Stand Alone Projects / Early Bird Projects for various Industrial Corridor Projects and also assists various State Governments.

 

• NICDC undertakes various Project Development activities like Preparation of Master Plans, Feasibility Reports, Detailed Project Reports etc. and acts as an intermediary for the purpose of development and establishment of infrastructure projects through developing and disseminating appropriate financial instruments, negotiating loans and advances of all nature, and formulating schemes for mobilization of resources and extension of credit for infrastructure.