Auric will get 10,000 acres for expansion, says secretary of department for promotion of industry & internal trade
"Auric will play a key role in the path to achieving a $30 trillion economy for India by 2047. It has been playing a pioneering role by emerging as a vibrant manufacturing hub," Bhatia said during his visit to Auric at Chhatrapati Sambhajinagar.
Auric is a greenfield industrial smart city taking shape over 10,000 acres as part of the Delhi-Mumbai Industrial Corridor (DMIC). The industrial city is being developed in Bidkin and Shendra nodes, with the Bidkin node already attracting significant investments from electric vehicle manufacturers, among others.
Bhatia added that Centre plans to establish 100 additional industrial cities like Auric across the country. "In order to achieve the $30 trillion economy target, we have to grow at the rate of 9 to 10% every year. The development of manufacturing hubs is crucial to achieve this," he said.
P Anbalagan, the principal secretary of the state industries department, who accompanied the Union secretary, said, "The necessary notification would be issued in the next two to three months, paving the way for the expansion of the AURIC."
Bhatia also visited the Marathwada Accelerator for Growth and Incubation Council (MAGIC), emphasising that Indian startups should focus on building world-class products. "The Indian startups need to focus not just on India but on global markets. The country has emerged as the third-largest startup ecosystem globally," he said, praising MAGIC for securing more than 20 patents for startups and supporting tier-2 and tier-3 cities.
Speaking on the occasion, Anbalagan announced that 15 new policies would soon be introduced by state govt, covering sectors such as defence, event management, logistics, deep technology, and special MSME support. "Funding worth Rs 3,000 crore will be made available across various domains for startups. Additionally, the 'MAITRI 2.0' portal will soon be launched, offering approvals for over 120 services through a single-window system," he said.
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