Evaluating the Role of Industrial Corridors as Catalyst for Infrastructure Development: A Comparison of India and China

Abstract

Purpose: The concept of “Industrial corridor” is presently a prominent area of discussion in India due to its capabilities and the potential opportunities of development that it possesses. Therefore, this study aims to understand the concept of “Industrial corridor” and its economic or social impact on the country. This study also compares the policy and approach followed by China and India for the development industrial corridors.

Design/Methodology/Approach: This study extensively reviews the existing literature, institutional reports on industrial corridors. This study followed systematic method to study industrial corridors from an international perspective representing how global authors have studied it followed by the Indian viewpoint. This is followed by performing comparative analysis of policy of China and India.

Findings: The literature review highlights that definitions or concept of industrial corridors may depend upon several factors like the local factors, geographical factors, growth potential but they usually have many common factors such as economic development, transportation infrastructure, and urban amenities. This study also highlights that India can benefit from the worldwide application of industrial corridors given their success in the other countries and apply them in India.

Originality/Value: The contribution of this study to the current body of literature belongs in its findings that reveal the significance of development of industrial corridors and providing implications for policymakers involved in process of its development.

Paper Type: Review of Literature