The Delhi Mumbai Industrial Corridor (DMIC) has received another major boost with the government-owned India Infrastructure Finance Company Limited (IIFCL) offering its support for the financing and development of viable infrastructure projects.
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Highways to Progress
DMIC gives nod for Phase II
The Delhi Mumbai Industrial Corridor (DMIC) Trust has given its approval to start the phased procurement of Engineering, Procurement and Construction (EPC) contracts worth Rs.6,414 crore for the Bidkin Industrial Area in Maharashtra.
DMICDC´s Logistic Data Services (LDS) launched at JNPT
Mumbai Real-time cargo movement information designed to reduce transportation costs for Indian industry has become a reality with Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) successfully launching the Logistic Data Services (LDS) project in Mumbai.
DSIR project to get new thrust
Significant developments is expected shortly in the Dholera Special Investment Region (DSIR) as the Delhi Mumbai-Industrial Corridor Corporation (DMICDC) Trust, the Government of India´s nodal agency for the execution of the DMIC project has agreed to pump in Rs 3,000 crore for infrastructure development at the SIR, mainly for flood control in the area.
DFCC will encourage use of latest technological innovations
Speaking with Janaki Krishnamoorthi, RK Gupta, Managing Director, Dedicated Freight Corridor Corporation of India Ltd provides an update on the Dedicated Freight Corridor project.
Urban projects: Chequered growth
The Cabinet Committee on Investment (CCI), according to latest reports, has unlocked 144 stalled infrastructure projects worth Rs 5.27 lakh crore. But experts don't see this reviving the fortunes of the Indian economy owing to the long gestation period of these projects.
DMICDC cancels industrial area development project
Media reports indicate that Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) decided to shelve plans to develop the Dighi port industrial area owing to issues in land acquisition. Maharashtra Industrial Development Corporation (MIDC), which is acquiring land on behalf of DMICDC for the project, has reportedly received mixed response from land owing farmers
Technology in logistics will be key to the cities we’re building
The DMIC is poised to be India’s biggest urbanisation project. Can its model be adopted across the country? Amitabh Kant, MD and CEO, DMICDC, shares his vision for the project with Shashidhar Nanjundaiah and Pratap V Padode, and emphasises the vast and unique opportunities that go with using PPP to build seven new cities and manufacturing hubs along the corridor.
18,500-cr boost to DMIC
The Union Cabinet has cleÂared the proposal for infusion of Rs 18,500 crore in the Delhi Mumbai Industrial Corridor Development Corporation (DMICDC). The 1,483-km project running through seven states will come up along the proposed Delhi-Mumbai dedicated rail freight corridor.
Changes proposed in DMIC
The commerce and industry ministry is revamping the Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) along the much-awaited Western Dedicated Freight Corridor to ensure that private players do not profit from funds provided by the government.
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