The Delhi Mumbai Industrial Corridor (DMIC) has cleared six projects which would entail an investment of Rs. 1.10 lakh crore, commerce minister Anand Sharma said on Wednesday.
The 1,483-km project running through seven states — Delhi, Uttar Pradesh, Haryana, Rajasthan, Gujarat and Maharashtra — will come up along the proposed Delhi-Mumbai dedicated rail freight corridor.
The government would invest Rs. 2,215 crore, while Japan will invest $4.8 billion in the project.
Projects include Integrated Industrial Township at Greater Noida ( Rs. 617 crore), Improvement of Water Supply System to Pithampur-Dhar-Mhow Investment Region in MP ( Rs. 249 crore), Integrated Multimodal Logistics Hub in Haryana ( Rs. 403 crore)and Construction of New Rail Line from Bhimnath to Dholera ( Rs. 122 crore).
Once commissioned, the corridor will reduce transit time between Delhi and Mumbai from 60 hours to 36 hours.