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HindustanTimes Wed,24 Sep 2014

HTBusiness

DMIC clears Rs. 1.10 lakh cr of investments
HT Correspondent, Hindustan Times
New Delhi, September 11, 2013
First Published: 22:35 IST(11/9/2013)
Last Updated: 23:21 IST(11/9/2013)

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.


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