Jacobs to Deliver Program Management Services for India's Industrial Corridor Projects
Jacobs (NYSE: J) has secured a significant three-year contract as Knowledge Partner with the National Industrial Corridor Development Corporation Limited (NICDC) to support the development of 12 industrial corridors across India. The project spans 10 states and six major corridors, focusing on creating greenfield industrial smart cities.
As program manager, Jacobs will oversee planning, design review, budgeting, monitoring, evaluation, reporting, documentation, and stakeholder coordination. The ambitious program is expected to attract approximately $18 billion in investments and generate 1 million direct and 3 million indirect jobs.
The project aims to establish pre-built base infrastructure for industrial development, incorporating ICT-enabled utilities and sustainable design principles. This appointment builds on Jacobs' existing portfolio in India, including their work on the Aurangabad Industrial City and Smart City Masterplans for three greenfield industrial developments.
Jacobs (NYSE: J) ha ottenuto un importante contratto triennale come Partner di Conoscenza con la National Industrial Corridor Development Corporation Limited (NICDC) per supportare lo sviluppo di 12 corridoi industriali in tutta l'India. Il progetto coinvolge 10 stati e sei corridoi principali, con l'obiettivo di creare città industriali intelligenti ex novo.
In qualità di responsabile del programma, Jacobs gestirà la pianificazione, la revisione dei progetti, il budgeting, il monitoraggio, la valutazione, la reportistica, la documentazione e il coordinamento con gli stakeholder. Il programma ambizioso dovrebbe attrarre investimenti per circa 18 miliardi di dollari e generare 1 milione di posti di lavoro diretti e 3 milioni indiretti.
Il progetto mira a realizzare infrastrutture di base predefinite per lo sviluppo industriale, integrando servizi ICT e principi di design sostenibile. Questa nomina si basa sul portfolio esistente di Jacobs in India, che include il lavoro per la città industriale di Aurangabad e i masterplan delle smart city per tre sviluppi industriali ex novo.
Jacobs (NYSE: J) ha asegurado un contrato significativo de tres años como Socio de Conocimiento con la National Industrial Corridor Development Corporation Limited (NICDC) para apoyar el desarrollo de 12 corredores industriales en toda India. El proyecto abarca 10 estados y seis corredores principales, enfocándose en la creación de ciudades industriales inteligentes en terrenos vírgenes.
Como gestor del programa, Jacobs supervisará la planificación, revisión de diseño, presupuestos, monitoreo, evaluación, informes, documentación y coordinación con las partes interesadas. Se espera que el ambicioso programa atraiga aproximadamente 18 mil millones de dólares en inversiones y genere 1 millón de empleos directos y 3 millones indirectos.
El proyecto tiene como objetivo establecer infraestructura base preconstruida para el desarrollo industrial, incorporando servicios habilitados por TIC y principios de diseño sostenible. Este nombramiento se basa en el portafolio existente de Jacobs en India, que incluye su trabajo en la Ciudad Industrial de Aurangabad y los planes maestros de Smart City para tres desarrollos industriales en terrenos vírgenes.
Jacobs (NYSE: J)는 National Industrial Corridor Development Corporation Limited (NICDC)와 지식 파트너로서 3년간의 중요한 계약을 체결하여 인도 전역의 12개 산업 회랑 개발을 지원하게 되었습니다. 이 프로젝트는 10개 주와 6개의 주요 회랑에 걸쳐 있으며, 신규 산업 스마트 시티 조성에 중점을 두고 있습니다.
프로그램 매니저로서 Jacobs는 기획, 설계 검토, 예산 편성, 모니터링, 평가, 보고, 문서화 및 이해관계자 조정을 총괄합니다. 이 야심찬 프로그램은 약 180억 달러의 투자 유치와 100만 개의 직접 일자리 및 300만 개의 간접 일자리 창출이 기대됩니다.
이 프로젝트는 ICT 기반 유틸리티와 지속 가능한 설계 원칙을 통합한 산업 개발을 위한 사전 구축 기반 인프라를 구축하는 것을 목표로 합니다. 이번 임명은 Aurangabad 산업 도시 및 3개의 신규 산업 개발을 위한 스마트 시티 마스터플랜 등 Jacobs가 인도에서 수행 중인 기존 프로젝트를 기반으로 합니다.
Jacobs (NYSE : J) a obtenu un contrat important de trois ans en tant que Partenaire de Connaissance avec la National Industrial Corridor Development Corporation Limited (NICDC) pour soutenir le développement de 12 corridors industriels à travers l'Inde. Le projet couvre 10 États et six corridors majeurs, avec un focus sur la création de villes industrielles intelligentes sur des terrains vierges.
En tant que gestionnaire de programme, Jacobs supervisera la planification, la révision des conceptions, la budgétisation, le suivi, l'évaluation, le reporting, la documentation et la coordination des parties prenantes. Ce programme ambitieux devrait attirer environ 18 milliards de dollars d'investissements et générer 1 million d'emplois directs et 3 millions d'emplois indirects.
Le projet vise à établir une infrastructure de base préconstruite pour le développement industriel, intégrant des services utilitaires connectés aux TIC et des principes de conception durable. Cette nomination s'appuie sur le portefeuille existant de Jacobs en Inde, incluant leur travail sur la ville industrielle d'Aurangabad et les plans directeurs des villes intelligentes pour trois développements industriels sur terrains vierges.
Jacobs (NYSE: J) hat einen bedeutenden Dreijahresvertrag als Wissenspartner mit der National Industrial Corridor Development Corporation Limited (NICDC) abgeschlossen, um die Entwicklung von 12 Industrie-Korridoren in ganz Indien zu unterstützen. Das Projekt erstreckt sich über 10 Bundesstaaten und sechs Hauptkorridore und konzentriert sich auf die Schaffung von grünen Industrie-Smart Cities.
Als Programmmanager wird Jacobs die Planung, Designüberprüfung, Budgetierung, Überwachung, Evaluation, Berichterstattung, Dokumentation und Koordination der Stakeholder übernehmen. Das ehrgeizige Programm soll etwa 18 Milliarden US-Dollar an Investitionen anziehen und 1 Million direkte sowie 3 Millionen indirekte Arbeitsplätze schaffen.
Das Projekt zielt darauf ab, vorgefertigte Basisinfrastrukturen für die industrielle Entwicklung bereitzustellen, die ICT-fähige Versorgungsdienste und nachhaltige Designprinzipien integrieren. Diese Ernennung baut auf Jacobs' bestehendem Portfolio in Indien auf, einschließlich ihrer Arbeit an der Aurangabad Industrial City und den Masterplänen für Smart Cities bei drei grünen Industrieentwicklungen.
- None.
- Three-year contract duration limits long-term revenue visibility
- Project success dependent on multiple stakeholders and government coordination
- Complex multi-state implementation could face regulatory and coordination challenges
Insights
Jacobs secures strategic position in India's ambitious industrial corridor program spanning 10 states with potential $18B investment impact.
Jacobs' appointment as Knowledge Partner for India's National Industrial Corridor Development Program represents a strategic positioning in one of the world's fastest-growing economies. The three-year contract covers program management for 12 industrial corridors across 10 states, focusing on greenfield industrial smart cities with pre-built infrastructure to accelerate development.
The scope encompasses comprehensive services including planning, design review, budgeting, monitoring and stakeholder coordination – leveraging Jacobs' #1 ranking in program management by Engineering News-Record. This builds on their established presence in India, where they've previously delivered the Aurangabad Industrial City and Smart City Masterplans.
What's particularly noteworthy is the sustainability focus of these corridors, incorporating "walk-to-work" concepts and ICT-enabled utilities to minimize environmental impact. This aligns with global infrastructure trends emphasizing environmental stewardship alongside economic development.
The overall program's estimated $18 billion investment potential and job creation capacity (1 million direct, 3 million indirect) highlight its national significance. For Jacobs, beyond immediate revenue, this positions them for potential follow-on work as these industrial corridors develop over decades – essentially securing a foothold in India's long-term industrial transformation.
Three-year NICDC contract strengthens Jacobs' position in India's infrastructure market without materially impacting near-term financials.
While the press release doesn't disclose the specific contract value, this three-year engagement with NICDC provides medium-term revenue visibility in an emerging market. For context, Jacobs reports approximately
The contract's focus on program management services aligns with Jacobs' high-margin consulting work rather than capital-intensive construction. This engagement strengthens their geographical diversification, potentially offsetting cyclicality in other markets while establishing deeper relationships with Indian government entities – crucial for securing future work.
From an investment perspective, the contract enhances Jacobs' credentials in sustainable development and smart city implementation, growing segments with increasing investor focus. Their involvement in a program of this scale in India positions them well against competitors for similar international opportunities.
This announcement represents incremental positive progress within Jacobs' established business strategy rather than a transformative development. However, the long-term strategic value in positioning Jacobs within India's infrastructure development trajectory should not be underestimated, even if immediate financial impact is modest relative to overall operations.
Greenfield industrial smart cities set to reshape industrial landscape
Located across 10 states and six major corridors, the project aims to build greenfield (using undeveloped land) industrial smart cities, anticipating future demand. These cities will feature pre-built base infrastructure to accelerate industrial development and support "walk-to-work" concepts, promoting sustainable, efficient industrial operations, planned urbanization and long-term environmental stewardship.
Under a three-year contract, Jacobs will provide program management, including planning, design review, budgeting, monitoring and evaluation, reporting, documentation and stakeholder coordination to ensure seamless delivery across the program.
"This appointment strengthens and extends our longstanding partnership with NICDC in delivering smart, greenfield developments that advance growth," said Jacobs Executive Vice President Keith Lawson. "We bring decades of program management experience to support
With a focus on integrated development, sustainable infrastructure and seamless connectivity, the project will incorporate information and communication technologies-enabled utilities to minimize environmental impact. By providing quality, reliable and sustainable infrastructure, NICDC aims to create industrial cities that are hubs of economic activity and models of environmental stewardship. NICDC estimates the program has the potential to attract investments of approximately
Ranked as No. 1 in Program Management by Engineering News-Record, Jacobs partners with clients globally to deliver some of the world's most iconic and complex infrastructure and building programs that transform communities, places and lives for the better. This appointment builds on Jacobs' legacy of delivering nationally significant projects in
At Jacobs, we're challenging today to reinvent tomorrow – delivering outcomes and solutions for the world's most complex challenges. With approximately
Certain statements contained in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that do not directly relate to any historical or current fact. When used herein, words such as "expects," "anticipates," "believes," "seeks," "estimates," "plans," "intends," "future," "will," "would," "could," "can," "may," and similar words are intended to identify forward-looking statements. We base these forward-looking statements on management's current estimates and expectations, as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements including, but not limited to, uncertainties as to, the timing of the award of projects and funding and potential changes to the amounts provided for under the Infrastructure Investment and Jobs Act and other legislation and executive orders related to governmental spending, including any directive to federal agencies to reduce federal spending or the size of the federal workforce, and changes in
For press/media inquiries:
media@jacobs.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/jacobs-to-deliver-program-management-services-for-indias-industrial-corridor-projects-302494858.html
SOURCE Jacobs
FAQ
What is the scope of Jacobs' (NYSE: J) new contract in India?
How much investment is expected in the India Industrial Corridor Projects managed by Jacobs?
How many jobs will the Indian Industrial Corridor Projects create?
What specific services will Jacobs provide in the Indian Industrial Corridor project?
Where will the Industrial Corridor Projects be located in India?
