Mumbai: The master plans of new industrial cities in the Delhi-Mumbai Industrial Corridor (DMIC) have been approved and except for Uttar Pradesh, the state governments in this corridor have initiated the process of land-acquisition.
This information was given by Jyotiraditya Scindia, minister of state for commerce and industry, in a written reply to a question in the Rajya Sabha (Upper House of Parliament) yesterday on the current status of the DMIC. He informed the House that the Union Cabinet in its September 15 meeting had, inter alia, approved financial assistance of Rs 175 billion (Dh3.51 billion) over the next five years for the development of industrial cities in this corridor. In addition, Rs10 billion has been approved for undertaking development activities by the Delhi-Mumbai Industrial Corridor Development Corporation.
The 1,483-km project running through six states — Delhi, Uttar Pradesh, Haryana, Rajasthan, Gujarat and Maharashtra — will come up along the proposed Delhi-Mumbai dedicated rail freight corridor. The fund infusion is for creating seven new cities in the industrial corridor. Each city would be a greenfield or a brownfield area with a combination of production units, public utilities, logistics, environmental protection facilities, residential areas, social infrastructure and administrative services.
With better connectivity being built through this corridor from hinterland to the western ports of Mumbai and Jawaharlal Nehru ports in Maharashtra and Kandla in Gujarat, along with several minor ports, greater industrial investment is expected.