1. State Industrial Development Corporations (SIDCs)
Most states have dedicated government agencies that act as primary industrial developers by planning, acquiring, and allotting industrial land. Leading state agencies include:
- MIDC (Maharashtra Industrial Development Corporation) – Known for developing large industrial belts such as Pune, Nagpur, Aurangabad, and Navi Mumbai
- KIADB (Karnataka Industrial Areas Development Board) – Active in creating industrial zones in Bengaluru Rural, Tumakuru, and Belagavi
- SIPCOT (State Industries Promotion Corporation of Tamil Nadu) – Specializes in integrated industrial estates in Sriperumbudur, Hosur, and Coimbatore
- RIICO (Rajasthan State Industrial Development and Investment Corporation) – Leading developer in Bhiwadi, Jaipur, Alwar, and Neemrana
- TSIIC (Telangana State Industrial Infrastructure Corporation) – Rapid expansion in Hyderabad’s pharma and electronics manufacturing zones
These government-backed bodies provide plug-and-play infrastructure and cater to both MSMEs and large-scale enterprises.
2. National Industrial Corridor Development Corporation (NICDC)
NICDC is a central government initiative under the Ministry of Commerce & Industry, responsible for:
- Planning and executing Dedicated Freight Corridors (DFCs) and Industrial Corridor Projects
- Developing Integrated Industrial Townships and Investment Nodes under DMIC, CBIC, and AKIC
- Promoting large-scale industrial smart cities such as Auric City (Maharashtra) and Dholera SIR (Gujarat)
It partners with state governments and private players to deliver world-class industrial infrastructure.
3. Private Industrial Park Developers
A number of reputed private developers specialize in industrial and logistics real estate. Prominent names include:
- Mahindra World City – Developments in Chennai and Jaipur with integrated industrial, residential, and commercial zones
- Adani Group – Developing industrial clusters in Mundra (Gujarat) and Dhamra (Odisha) under its logistics and infrastructure arms
- Hiranandani Industrial Parks – Focused on warehousing and logistics spaces in Chennai and Pune
- Welspun One Logistics Parks – Building high-grade industrial and warehousing parks in Bhiwandi, Lucknow, and Bengaluru
- Indospace – One of India’s largest developers of Grade A industrial and logistics parks across 10+ cities
These companies serve multinational tenants, 3PLs, and manufacturing giants.
4. Public-Private Partnership (PPP) Developers
Several state governments collaborate with private developers under PPP models to create and manage industrial estates. Examples include:
- GMR Group – Industrial and logistics hubs near airports in Hyderabad and Delhi
- Reliance Industrial Infrastructure – Part of larger SEZ and smart city projects
- Larsen & Toubro (L&T Realty) – Industrial park developments in Gujarat and Tamil Nadu in collaboration with government bodies
These projects often integrate logistics, power, IT, and social infrastructure, offering long-term value to industrial investors.
5. SEZ and Special Investment Region Developers
Special Economic Zones (SEZs) and Special Investment Regions (SIRs) are often promoted by large developers and include:
- Dholera SIR Development Authority – Mega industrial smart city in Gujarat
- JNPT SEZ (Jawaharlal Nehru Port Trust) – Focused on export-oriented industrial units in Navi Mumbai
- Kandla SEZ and Visakhapatnam SEZ – Serving textile, engineering, and chemical industries
These areas offer customized benefits, tax incentives, and export facilitation.
