Investors Begin Site Visits as Agra IMC Land Acquisition Completes, Rs 3,400 Crore Expected

Investor Interest Accelerates as Land Acquisition Closes

Investors have shown keen interest in the Integrated Manufacturing Cluster (IMC) at Agra in Uttar Pradesh and have already begun visiting the cluster on the Amritsar-Kolkata Industrial Corridor (AKIC), according to official sources. The land acquisition process is complete, removing a major hurdle that has slowed similar projects across the region.

The cluster is anticipated to bring in over Rs 3,400 crore in investments, making it one of the larger manufacturing hubs planned under the national corridor initiative. Located across 1,058 acres along the city's Inner Ring Road, the cluster enjoys seamless connectivity to significant junctions, including Delhi-NCR and the Agra-Lucknow Expressway.

Government Seals Development Framework

The Amritsar-Kolkata Industrial Corridor (AKIC) initiative took a significant step forward with the signing of the State Support Agreement (SSA) and Shareholder Agreement (SHA) between the National Industrial Corridor Development Corporation (NICDC), the Government of Uttar Pradesh, and the Uttar Pradesh State Industrial Development Authority (UPSIDA), underscoring the Government of India's commitment to fostering industrial growth and developing world-class infrastructure.

State Support Agreement (SSA) between Government of Uttar Pradesh, UPSIDA, & NICDIT for IMC Agra executed on 8th November, 2024. The agreements were officially signed by Shri Rajat Kumar Saini, CEO & MD, NICDC, and Shri Mayur Maheshwari, CEO, UPSIDA, establishing a robust framework for the development of these industrial clusters, which will serve as strategic hubs in Uttar Pradesh under the AKIC initiative.

Strategic Location Benefits from Multimodal Connectivity

The Integrated Manufacturing Cluster (IMC) in Agra is strategically located across 1,058 acres along the city's Inner Ring Road. This prime location ensures seamless connectivity to significant junctions, including Delhi NCR and the Agra-Lucknow Expressway, making it an ideal industrial hub. With exceptional road connectivity, the cluster is expected to attract a wide range of industries, drawing interest from both local and international businesses.

Apart from Uttar Pradesh's expressway network, it is also expected to benefit from the forthcoming Jewar Airport, which is 140 km away via the Yamuna Expressway. Situated just 22 km from New Tundla Station, IMC Agra is ideally positioned to connect with the Eastern Dedicated Freight Corridor (EDFC), facilitating efficient rail freight movement and reducing road congestion.

Non-Polluting Industries Targeted; Green Tech Mandated

The Agra IMC will be focused on promoting non-polluting industries. The segments traditionally associated with the city like leather and footwear will also be promoted but with the condition that green technologies are adopted. Another focus area will be agro-based products.

This sectoral focus aligns with India's emphasis on sustainable manufacturing and positions Agra to leverage its historical strength in traditional industries while incorporating modern environmental standards. The plug-and-play infrastructure model means manufacturing units can become operational without incurring additional setup costs for basic utilities.

What Comes Next: Infrastructure Development and Allotment

AKIC Integrated Manufacturing Cluster Agra-Prayagraj Ltd, SPV was incorporated 30th January, 2025. A dedicated project implementation team has already been appointed to monitor and drive timely execution, with the goal of completing development within a 36-month timeframe.

Once infrastructure trunk roads, water and power systems, and common facilities are operational, the cluster is expected to begin allotting land parcels to anchor investors and MSMEs. The clusters would offer investors a plug-and-play environment, eliminating the need for additional setup expenses and reinforcing Uttar Pradesh's business-friendly credentials.

The project is anticipated to bring in over INR 3,400 crore in investments, boosting the region's industrial growth and economic development.