India Invests 3.6 Billion Dollars in 100 Industrial Parks

India approved 3.6 billion dollars to build 100 industrial parks. The project covers 33,000 acres over six years to strengthen domestic manufacturing.

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The government of India has sanctioned an investment of 336.60 billion rupees ($3.63 billion) for the creation of 100 industrial parks to accelerate domestic manufacturing. Information Minister Ashwini Vaishnaw announced the cabinet's approval, stating that the developments will be managed through joint ventures between state governments and a central state-run company.

A worker processes a metal plate at a manufacturing facility specializing in industrial tanks near Ahmedabad, India, in early 2025. REUTERS/Amit Dave
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