Dmic

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  $100 Billion Delhi-Mumbai Industrial Corridor Finally Sees Progress

  A $7.1 billion rail corridor in Rajasthan that's set to cut freight times between Delhi and Mumbai to 14 hours from 14 days is now moving ahead.

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  Government Clears Rs 4,318 Crore to Build Trunk Infrastructure in Gujarat, Maharashtra

  The Cabinet Committee, chaired by Narendra Modi, has approved the construction of trunk infrastructure components of Phase-1 of the Dholera Special Investment Region (DSIR) in Gujarat and Phase-1 of the Shendra Bidkin Industrial Area (SBIA) in Maharashtra under the DMIC Project.

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  Why an Acquisition Off the Delhi-Jaipur Highway Challenges Assumptions of New Land Bill

  Off the Delhi-Jaipur highway, a group of men gather in the compound of a government rest house to discuss the fate of their land. A week ago, these farmers of Shahjahanpur, two hours south-west of Delhi in Rajasthan's Alwar District were served a final land acquisition notice by the Delhi-Mumbai Industrial Corridor (DMIC). But they don't want to se...

• India 2040: Welcome to digitally controlled cities

  Futuristic cities, smart grids recycling power, water and waste; and public transportation harnessed by technology. Welcome to the new India envisioned under the $100-billion Delhi-Mumbai Industrial Corridor (DMIC), that will see creation of seven hotspots smart cities along the corridor running through Uttar Pradesh, Haryana, Rajasthan, Gujarat, ...

• Japan announces $4.5 bn loan to India for infrastructure corridor

  Seeking to step up strategic ties with India, Japan on Wednesday announced $4.5 billion for the landmark Delhi-Mumbai Industrial Corridor project and agreed to step up negotiations for a civil nuclear deal, but made it clear that New Delhi has to square up with non-proliferation norms.

• Cabinet may clear manufacturing policy, DMIC fund infusion

  The proposed National Manufacturing Policy which aims at creating mega industrial zones with world-class infrastructure without the rigid labour and environment laws is likely to come up before the Union Cabinet on Thursday. The equity restructuring plan of the DMIC Development Corporation (DMICDC), a special purpose vehicle for industrial d...

• FinMin wants private players out of DMIC funding body

  The government has proposed to replace private sector players IL&FS and IDFC with state-owned institutions in DMIC Development Corporation (DMICDC), an agency which was set up to raise $4.5 billion to fund the ambitious Delhi-Mumbai Industrial Corridor (DMIC) project. "The Finance Ministry has proposed to replace IL&FS and IDFC and bring in ...