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Prayagraj IMC

Under constructionUttar PradeshConstruction contract awarded (most advanced)
351 acresArea
₹658 crTrunk-infra cost
₹1,600 crInvestment potential
17,700Projected jobs

Prayagraj is the most advanced node on the entire corridor: the letter of award to the EPC contractor for trunk-infrastructure works was issued on 27 October 2025 — construction is contracted, not merely tendered. At 351 acres (partly inside the existing Saraswati Hi-Tech City) it is the smallest AKIC node, which is precisely why it could move first.

Sectors
E-mobility, cycles, food, garments
Nearest hub
New Karchana EDFC station (7 km)
Developer / SPV
AKIC IMC Agra-Prayagraj Ltd (shared SPV; incorporated 30 Jan 2025; state partner UPSIDA)
EPC contractor
EPC contractor LoA issued 27 Oct 2025 for trunk infrastructure (contractor name not disclosed in the NICDC status report)
Status
Construction contract awarded (most advanced)

Industries coming up

E-mobility / automobileCycle manufacturingFood processing & beveragesReadymade garmentsLeather articlesPackaging

Infrastructure & connectivity

Incentives & land: Land ~₹2 cr/acre, plots 0.5–50 acres; UP industrial / EV policy incentives. The smallest AKIC node, built partly on serviced land — which is why it moved fastest.

Anchor tenants & demand signals

No anchor tenants or MoUs are publicly recorded yet — at a greenfield IMC, plots are allotted only after trunk infrastructure is built, so the absence of named tenants this early is expected, not a red flag. NICDC markets a developed land parcel specifically for the EV sector here — the clearest forward demand signal on the corridor, and Prayagraj is the only node past EPC award.

Timeline

Sources