- Delhi Mumbai Industrial Corridor Project
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The Delhi-Mumbai Industrial Corridor Project is a State-Sponsored Industrial Development Project of the Government of India. It is an ambitious project aimed at developing an Industrial Zone spanning across six states in India. The project will see major expansion of Infrastructure and Industry – including industrial clusters and rail, road, port, air connectivity – in the states along the route of the Corridor. The ambitious Delhi Mumbai Industrial Corridor (DMIC) has received major boost with India and Japan inking an agreement to set up a project development fund. The initial size of the Fund will be
1,000 crore (US$202.8 million). Both the Japanese and Indian governments contribute equally.Contents
Contribution from India
Ministry of Commerce and Industry Anand Sharma has proposed the establishment of a USD 9 billion revolving fund with matching contribution from India and Japan to kick start the implementation process of the USD 100 billion Delhi Mumbai Industrial Corridor Project.[1]
States Included
The corridor would include six mega investment regions of 200 square kilometers each and will run through six states Delhi, Western Uttar Pradesh, Southern Haryana, Eastern Rajasthan, Eastern Gujarat and Western Maharashtra. The corridor, spread across 2,700 km with an additional 5,000 km of feeder lines connecting Mumbai to West Bengal.
Employment Generation
Conceived as a global manufacturing and trading hub, the project is expected to double employment potential, triple industrial output and quadruple exports from the region in five years. The total employment to be generated from the project is 3 million, the bulk of which will be in the manufacturing/processing sectors.
The ambitious project will be funded through private-public partnership and foreign investment. Japan will be a major investor for this project. The corridor will span 1483 km.
It will include a 4000 MW power plant, three seaports and six airports in addition to connectivity with the existing ports. The industrial corridor project will be implemented by the Delhi-Mumbai Industrial Corridor Development Corporation, an autonomous body composed of government and the private sector.
It will be implemented through special purpose vehicles [SPVs]. The project is expected to deliver a 2-3-4-5 benefit: to double employment (2), triple industrial output (3) and quadruple exports (4) from the region in five years (5). It will built along a dedicated rail freight corridor, and once commissioned, will reduce the Delhi-Mumbai transit time from 60 to 36 hours.
Northern Peripheral Road
Northern Peripheral Road road is being developed under the public private partnership (PPP) model. This stretch will connect Dwarka with National Highway 8 at Kherki Daula and will pass Pataudi Road. The NPR stretch has been planned as an alternate link road between Delhi and Gurgaon, and is expected to ease the traffic situation on the Delhi-Gurgaon Expressway. The road will also provide connectivity to the much-touted Reliance-HSIIDC SEZ besides the Garhi Harsaru dry depot.[2]
Much like Delhi, Gurgaon too will have a BRT corridor to decongestant traffic on the Northern Peripheral Road. In several sections, the NPR will have provisions for the Bus Rapid Transit (BRT) corridor to ensure smooth flow of traffic. The road will be fully developed in March 2012.[3]
See also
- Shendra - Bidkin Industrial Park
- Indore
- Gurgaon
- Manesar
- Kundli-Manesar-Palwal Expressway (KMP)
- Bawal
- Rewari
References
- ^ "India proposes USD 9 billion fund for Delhi to Mumbai corridor project". Steel Guru. 2011-02-17. http://www.steelguru.com/indian_news/India_proposes_USD_9_billion_fund_for_Delhi_to_Mumbai_corridor_project/191363.html. Retrieved 2011-10-09.
- ^ "HUDA floats tender for Northern Peripheral Road". Times Of India. 2011-02-17. http://timesofindia.indiatimes.com/city/gurgaon/HUDA-floats-tender-for-Northern-Peripheral-Road/articleshow/7512548.cms. Retrieved 2011-10-09.
- ^ "HUDA plans BRT corridor on upcoming NPR project". Times Of India. 2011-02-18. http://timesofindia.indiatimes.com/city/gurgaon/NPR-project-to-have-BRT-corridor-in-several-sections/articleshow/7517967.cms. Retrieved 2011-10-09.
External links
Categories:- Proposed infrastructure in India
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