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Greenfield industrial cities secure ₹16,750 cr investment

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Greenfield industrial cities secure ₹16,750 cr investment

In order to vigorously promote the industrial clusters in Gujarat, Maharashtra, Uttar Pradesh and Madhya Pradesh, these states are developing four greenfield industrial cities or nodes under the Delhi-Mumbai Industrial Corridor (DMIC) with an investment of 16,750 crore. After the completion of the main trunk infrastructure project, 138 plots (754 acres) have been allocated to the company.

The anchor investors of these cities/nodes include companies such as HYOSUNG (South Korea), NLMK (Russia), HAIER (China), TATA Chemicals and AMUL. As many as 23 nodes/projects in other industrial corridors are in various stages of planning and development.

The goal of the Industrial Corridor Plan is to create a greenfield smart industrial city with sustainable “plug and play” ICT utilities, and to promote the country’s manufacturing investment by providing high-quality, reliable, sustainable and resilient infrastructure. The government has approved 11 such corridors, including 32 projects, for development in four phases.

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Under the Bangalore-Mumbai Industrial Corridor (BMIC), the development of the Dawa node has been envisaged to achieve the accelerated development of Karnataka and regional industrial agglomeration. The project covers an area of ​​more than 6,000 acres. Dawad’s new industrial development will expand existing industrial development and create investment destinations for various industries by providing large-scale regional trunk line infrastructure in Dawad, and tap the potential of Dawad. Existing roads, railways and freight.

News Source : NBM&CW

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