What is the significance of Industrial Corridors in India? Identifying industrial corridors, explain their main characteristics. (Answer in 250 words)

Approach

Industrial Corridors are envisioned to create a strong economic base with the globally competitive environment and state-of-the-art infrastructure to activate local commerce, enhance foreign investments and attain sustainable developmentTheir significance is as follows1. The corridor approach is a proven concept to ensure industrial development in under-utilized regions.2. Integration between industry and infrastructure-World class infrastructure such as high-speed transportation (rail, road) network, ports with state-of-the-art cargo handling equipment, modern airports, special economic regions/ industrial areas, logistic parks/transshipment hubs, knowledge parks focused on feeding industrial needs, complementary infrastructure such as townships/ real estate, and other urban infrastructure along with enabling policy framework.3. Opportunities for private sector investment in the provision of various infrastructure projects associated with the exploitation industrial opportunity. Enhancing ‘Make in India’.4. Ensure smooth access to industrial production units, decreased transportation, and communications costs, improved delivery time and reduction in inventory cost. The strategy of an industrial corridor is thus intended to develop a sound industrial base, served by world-class competitive infrastructure as a prerequisite for attracting investments into export-oriented industries and manufacturing.5. Technological Prowess.6. Social Upliftment.

Write a few unique points about the following, the involvement of foreign organizations, etc.Delhi Mumbai Industrial CorridorChennai Bengaluru Industrial CorridorBengaluru Mumbai Economic CorridorAmritsar Kolkata Industrial CorridorEast Coast Economic Corridor