UPSC Mains 2018 · GS I · Q16 · 15 marks · 250 words

What is the significance of Industrial Corridors in India ? Identifying industrial corridors, explain their main characteristics.

हिन्दी में

भारत में औद्योगिक गलियारों का क्या महत्व है ? औद्योगिक गलियारों को चिन्हित करते हुए उनके प्रमुख अभिलक्षणों को समझाइये ।

Industry

How a topper answered the closest question

Toppers wrote this one in a test series: “Discuss the role of economic corridors in fostering regional economic integration and development. How do projects like the Chennai-Bengaluru Industrial Corridor (CBIC) align with India's broader economic growth strategies?”

Ashi SharmaAIR 12 · CSE 2024 · 176 wordsTheir whole copy

Opening

There are varying degrees of economic progress across states in India, economic corridor not only help decrease this disparity but also boost development.

Body

Role

Regional Economic Integration

  1. Improved access to new markets
  2. decrease logistics cost eg In India It is around 15% of GDP
  3. facilitate ease of doing business
  4. enable cluster based economic integration
  5. boost inter-state trade

Development

  1. add critical physical infrastructure → roads, waterways, airports, rail etc.
  2. have a multiplier effect on economy
  3. provide local employment
  4. boost local economy

Chennai Bangalore industrial corridor

  1. Made under the National Manufacturing policy

  2. Connects 2 major industrial hubs @ Chennai Bangalore

  3. economic opportunities in terms of employment, investment etc

  4. contributes towards achieving $ 5tr economy goal

  5. boosts export potential of goods & services achieve goal of $ 2tr exports (New Foreign Policy 2023)

  6. provides employment to tap demographic dividend

  7. enables catalysing knowledge based economy

  8. provides world class infrastructure

Close

Economic corridors can help us achieve our ambitious goal of Viksit Bharat by 2047

2 more toppers’ answers to this question, part by part, and how they all approached it: open the question.

Source: UPSC, Civil Services (Main) Examination 2018, General Studies Paper I, Q16. The paper on upsc.gov.in. Themes and links to toppers’ answers are by UPSC Grade, not by UPSC.