- NICDP Industrial Parks to Become Ideal Models; Southern States Urged to Adopt the Framework
- Bengaluru Investors’ Roundtable Highlights Southern India’s Industrial Vision under NICDP National Industrial Corridor Development Programme
Bengaluru, August 2, 2025: 
As part of the Viksit Bharat @2047 initiative, the Investors’ Roundtable Conference convened today in Bengaluru, bringing together senior policymakers, government officials, and business leaders to discuss transformative industrial growth strategies for Karnataka and southern India.
Delivering the keynote address, Shri Amardeep Singh Bhatia, IAS, Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, emphasized the critical role of integrated infrastructure in shaping India’s industrial future. He cited the National Industrial Corridor Development Programme (NICDP), which includes 20 industrial parks equipped with sector-specific facilities—ranging from water and power supply to electronics testing and solid waste management—as a model for adoption by southern states.
The roundtable featured distinguished speakers including:
•Dr. S. Selvakumar, Principal Secretary, Commerce & Industries Department, Government of Karnataka
•Shri Sanjay Kumar, Special Chief Secretary, Industries & Commerce Department, Government of Telangana
•Dr. N. Yuvaraj, Secretary, Industries & Commerce Department, Government of Andhra Pradesh
•Shri Rajat Kumar Saini, CEO & MD, NICDC
Representatives from Kerala, Puducherry, Andaman & Nicobar Islands, and other southern states were also in attendance.
Outlining India’s Vision 2047, Shri Bhatia stressed the need for world-class infrastructure, robust MSME support, and deep-tech startup acceleration. He called for enhanced state-centre collaboration to drive innovation and industrialisation across regions.
Dr. S. Selvakumar highlighted Karnataka’s industrial momentum and ongoing policy reforms. He announced that the state’s single-window clearance system now covers 105 of 153 services, streamlining approvals. Karnataka will also replicate its successful Electronic City Association Township Model to drive regional industrial development. Addressing a key investor concern, he confirmed that tax collections in Special Investment Regions (SIRs) will now be directly handled by the Karnataka Industrial Areas Development Board (KIADB), with 70% of proceeds reinvested into infrastructure.
Smt. Gunjan Krishna, Commissioner for Industrial Development, shared digital initiatives supporting MSMEs, including the enhanced MSE Connect platform for improved market linkages and connectivity.
The conference also provided a platform for business associations to raise key demands such as closing government-industry communication gaps, improving infrastructure, faster land allocation, skill development, and stronger investment incentives.
Thiru V. Arun Roy, Secretary, Investment Promotion and Commerce, Tamil Nadu, Shri Vikrant Raja, Secretary, Industries and Commerce, Puducherry, Shri A.P.M. Mohammed Haneesh, Principal Secretary, Industries and Commerce, Kerala, Shri Ajit Anand, Director, Industries, Andaman and Nicobar Administration, Dr.M.Mahesh, CEO, KIADB, other notable attendees were attended.
The event began with opening remarks by Dr. Selvakumar, reaffirming Karnataka’s commitment to collaborative, sustainable, and innovation-led industrial growth in the region.
