New Delhi, Feb 26 (IANS) National Industrial Corridor Development Corporation Limited (NICDC) and the Foundation for Innovation and Technology Transfer at the Indian Institute of Technology, Delhi (FITT-IITD) signed an MoU on Monday with the objective to evaluate optimality of locations for development of greenfield industrial smart cities in India leveraging the principles and framework of PM GatiShakti, according to a Commerce and Industry Ministry statement.
The initiative aligns with India’s vision to emerge as a global manufacturing hub, emphasizing the importance of data-driven, decision-making in sustainable futuristic urban planning and development.
Under the MOU, FITT-IITD will leverage its technological prowess and research capabilities to analyse various factors influencing location optimality, including ease of business, living costs, logistics costs, multi-modal connectivity, ease of living index, living costs, potential of particular industry(s), raw-material availability and sustainability.
The comprehensive report produced as a result of this collaboration will serve as a guiding framework for future urban planning decisions, facilitating the development of greenfield cities tailored to meet the evolving needs of industry and society, the statement said.
The MoU signing ceremony was attended by Col. Naveen Gopal, COO (FITT, IIT Delhi), Prof. Nomesh Bolia, Prof. Sanjeev Deshmukh, Deepak Gautam, Pratik Badgujar and officials from NICDC.
Speaking on the occasion, Rajat Kumar Saini, CEO and MD of NICDC, said: “By leveraging advanced technologies and research expertise, we aim to identify locations conducive to industrial development, in order to attract investments, promote local commerce and generate employment opportunities.”
–IANS
sps/pgh
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
