4 industrial smart cities being developed under DMIC: Commerce Ministry
Four greenfield industrial cities or nodes are being developed in Gujarat, Maharashtra, Uttar Pradesh and Madhya Pradesh under the Delhi-Mumbai Industrial Corridor (DMIC), and major trunk infrastructure works have been completed there, the commerce and industry said on Friday.
Four greenfield industrial cities or nodes are being developed in Gujarat, Maharashtra, Uttar Pradesh and Madhya Pradesh under the Delhi-Mumbai Industrial Corridor (DMIC), and major trunk infrastructure works have been completed there, the commerce and industry said on Friday.
In these cities, 138 plots (754 acres) have been allotted to companies with investment to the tune of more than Rs 16,750 crore, it said in a statement.
Anchor investors in these cities/nodes include companies like HYOSUNG (South Korea), NLMK (Russia), HAIER (China), TATA Chemicals and AMUL.
Further, as many as 23 nodes/projects in other industrial corridors are under various stages of planning and development.
See Zee Business Live TV Streaming Below:
The objective of the industrial corridor programme is to create greenfield smart industrial cities with sustainable 'plug n play' ICT enabled utilities to facilitate the manufacturing investments into the country by providing quality, reliable, sustainable and resilient infrastructure for the industries.
The government has approved 11 such corridors consisting of 32 projects to be developed in four phases.
The ministry said that under Bengaluru-Mumbai Industrial Corridor (BMIC), Dharwad node has been envisaged to be developed for achieving an accelerated development and regional industry agglomeration in Karnataka.
The project spreads across an area of over 6,000 acres, "the proposed industrial development at Dharwad will augment the existing industrial development and create an investment destination for various categories of industries through provision of large-scale regional trunk infrastructure at Dharwad and tap the potential of the existing road/rail freight movement," it added.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SBI Guaranteed Return Scheme: Know how much maturity amount you will get on Rs 2 lakh, 3 lakh, and Rs 4 lakh investments under Amrit Vrishti FD scheme
18x15x12 SIP Formula: In how many years, Rs 15,000 monthly investment can grow to Rs 1,14,00,000 corpus; know calculations
Hybrid Mutual Funds: Rs 50,000 one-time investment in 3 schemes has grown to at least Rs 1.54 lakh in 5 years; see list
PPF For Regular Income: How you can get Rs 78,000 a month tax-free income through Public Provident Fund investment?
05:06 PM IST