Delhi-Mumbai Expressway

Delhi-Mumbai Expressway: Central Government Allots 451 acres of Land to set up Industries

Delhi News

In order to boost economy and infrastructure alongside the Delhi-Mumbai Expressway, the central Government has recently allotted 451 acres of land to set up industries. These manufacturing units will be set up by leading and globally renowned companies under the high-profile Delhi-Mumbai Industrial Corridor project.

According to sources, “The center has already started the process of the land acquisition process and till date, we have allotted 64 plots. These land parcels measured around 451.01 acres. The estimated investment for the project is Rs 9,483 crore.”

Some of the leading companies which have been allotted land under the project are Amul, China-based Haier, and Hyosung Corporation which is a South Korean conglomerate. All these projects will be developed under Phase-1 of the DMIC project and will be spread across four states of eight industrial zones.

“These states include Vikram Udyogpuri in Madhya Pradesh, Dholera in Gujarat, IIGNL in Greater Noida, and Shendra-Bidkin in Maharashtra,” Sources added.

Amongst the most ambitious projects, the Delhi-Mumbai Industrial Corridor is being developed with an important aid from Japan. The 1483 km long DMIC project will comprise of Nine Mega Industrial zones, high-speed freight line between Delhi and Mumbai, three ports, and six-lane Delhi-Mumbai Expressway. It will not only boost the economy of both the Indian capitals but will also add a feather to real-estate investments and foreign investments.

To develop this project the government has also set up a Special-purpose Vehicle (SPV) with the name of DMIC Development Corporation. The states through which this corridor will pass include Uttar Pradesh, Haryana, Madhya Pradesh, Maharashtra, Gujarat, and Rajasthan.

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