Delhi-Mumbai industrial corridor to be ready by 2013
A $90 bn industrial project along side the Delhi-Mumbai dedicated rail freight route will be ready with manufacturing and trading hubs by 2013.
By Agencies |
NEW DELHI: An ambitious $90 bn industrial project along side the Delhi-Mumbai dedicated rail freight route will be ready with manufacturing and trading hubs by 2013, a senior official said on Wednesday.
However, the project faces a daunting task in terms of meeting requirements of water and electricity.
"The electricity capacity that exists and the capacity being planned are not adequate. The availability of water is also an issue," advisor of the Delhi-Mumbai Industrial Corridor (DMIC) Ajay Dua said at a CII and Japan External Trade Organisation function in New Delhi.
Mr Dua, who was instrumental in finalising the project as DIPP secretary, said Japan is committed to making big investments in DMIC. He has since retired from that post and advises the DIPP on the project.
The 1,483-km corridor would cover Delhi and NCR, Haryana, Uttar Pradesh, Rajasthan, Gujarat and Maharashtra.
The corridor, for which a company has been incorporated, will have a 4,000 mw power plant, three greenfield ports and six airports. It will also link 10 cities with over 10 lakh population, including Faridabad, Surat, Delhi, Greater Mumbai, Meerut, Jaipur, Ahmedabad, Pune and Nashik.
Meanwhile, the Confederation of Indian Industry and Japan External Trade Organisation have launched a portal for investors.
However, the project faces a daunting task in terms of meeting requirements of water and electricity.
"The electricity capacity that exists and the capacity being planned are not adequate. The availability of water is also an issue," advisor of the Delhi-Mumbai Industrial Corridor (DMIC) Ajay Dua said at a CII and Japan External Trade Organisation function in New Delhi.
Mr Dua, who was instrumental in finalising the project as DIPP secretary, said Japan is committed to making big investments in DMIC. He has since retired from that post and advises the DIPP on the project.
The 1,483-km corridor would cover Delhi and NCR, Haryana, Uttar Pradesh, Rajasthan, Gujarat and Maharashtra.
The corridor, for which a company has been incorporated, will have a 4,000 mw power plant, three greenfield ports and six airports. It will also link 10 cities with over 10 lakh population, including Faridabad, Surat, Delhi, Greater Mumbai, Meerut, Jaipur, Ahmedabad, Pune and Nashik.
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Industrial units will come up along major transport arteries such as highways and railways connecting ports to facilitate internal and external trade. Meanwhile, the Confederation of Indian Industry and Japan External Trade Organisation have launched a portal for investors.
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