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DMIC faces roadblock

DMIC faces roadblock

Some sections of the Maharashtra government oppose land acquisition for the Delhi-Mumbai Industrial Corridor (DMIC) citing strong opposition from the locals. Reports indicate that for implementing the DMIC project, 75,000 acre land is needed.

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Dighi Port to invest another Rs 1,000 cr in green field port

Dighi Port to invest another Rs 1,000 cr in green field port

To add more capacity to its upcoming green field port in Raigad district of Maharashtra, Dighi Port is to add an additional investment of Rs 1,000 crore. Dighi Port, with already commissioned two or the five berths, will go ahead with the three remaining berths as part of its phase one project. The total investment for the phase one of the port is Rs 2,500 crore. The remaining berths will be added by December 2014. The company has already invested Rs 1,500 crore for the project.