Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) Limited was incorporated on 7th January 2008 as a Special Purpose Vehicle (SPV) under the Administrative Control of DPIIT, Ministry of Commerce & Industry, for carrying out project development activities and coordinating the implementation of the various projects.
After expansion of the DMIC Trust’s mandate and reconstitution of the same as National Industrial Corridor Development and Implementation Trust (NICDIT) in December 2016, DMICDC Ltd. was renamed to National Industrial Corridor Development Corporation (NICDC) Limited in February 2020, for developing various Industrial Corridor Projects as part of India’s flagship ‘National Industrial Corridor Programme’.
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 assist 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.0
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