Delhi Mumbai Industrial Corridor is a corridor expected to be built between the cities of Mumbai and Delhi with the massive budget of 1000 crore. The project has the Indian as well as the Japanese government funding it and it is expected to boost the development of infrastructure in the six major states in the country which are Delhi, Western Uttar Pradesh, Southern Haryana, Eastern Rajasthan, Eastern Gujarat and Western Maharashtra.
The corridor will extend up to 1483 km in length. Nine Mega Industrial zones of about 200-250 sq. km., high speed freight line, three ports, and six air ports and a six-lane intersection-free expressway will be developed between the two cities on the corridor.
The project is being promoted as the one fetching 2-3-4-5 benefits. It is expected to double the employment opportunities, triple the output for the industries concerned with its development and increase the exports four times in a span of five years. Delhi Mumbai Industrial Corridor Development Corporation will be is in charge of the construction of the corridor.
The project will be carried on Built, operate and trade basis. It is also said that a four level institution will be set up to ensure the completion of the corridor. This will include an apex body, a corporate entity, a state- level coordination, project specified special purpose vehicle (SPV's) responsible for the implementation of the project.
The corridor will be India's 'Global Manufacturing and Trading Hub'. The corridor is expected to support heavy vehicle weighing up to 25 tonnes.
Last Updated on : 02/06/2013