DMIC clears Rs 1.10 lakh cr of investments

  • HT Correspondent, Hindustan Times, New Delhi
  • |
  • Updated: Sep 11, 2013 23:21 IST

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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