India@FDI Magazine

Delhi-Mumbai
Industrial Corridor
Leading Amsterdam-based global design and
consultancy firm, Arcadis, recently ranked the Delhi-
Mumbai Industrial Corridor (DMIC) second among 10
of the highest-value construction projects in 2017.
Valued at around $100 billion, it ranks next to the world’s top
construction project, the One Belt, One Road (worth $150
billion), which stretches from China to Central Asia.
The DMIC corridor – spread across a length of 1,500 km
with growth on both sides of the artery of about 150 to 200
km – is India’s most ambitious infrastructure programme.
It aims to develop new industrial townships as Smart
Cities and converging next generation technologies across
infrastructure sectors.
Nirmala Sitharaman, India’s commerce and industry
minister notes that the first phase of the DMIC will see the
development of eight industrial cities, out of a total of 24
investment nodes that have been identified for development.
Environment clearances are obtained after due
consultation process with various stakeholders including
local and municipal bodies, points out the minister. And
work is implemented only after notification of these plans
and clearances.
DMIC is to be implemented in three phases, with the first
one to be completed by 2025 and the final one by 2040. Work
is on in full swing in several places. In Gujarat, for instance,
the state government is determined to complete the 558-
km stretch in the state by next year.
Boosting industrial growth
Nitin Patel, the deputy chief minister of the
state, says the DMIC will further boost the
state’s industrial growth. Indian Railways and
the state government will share costs for
building 141 railway over-bridges to
ensure the smooth functioning of the
new corridor, he adds.
International aerospace major
Airbus will be a strategic partner
of the DMIC to set up an aviationcentred
economic zone at the
Dholera Special Investment Region
in Gujarat, one of the eight smart
cities coming up in the phase of
the project.
According to the DMIC,
Airbus is assessing the region and
will provide inputs on the requirements and
infrastructure specifications for setting up the
cluster, especially for developing an ecosystem
of suppliers for the assembly, testing, delivery
and maintenance of rotary and fixed wing
aircraft, including naval utility helicopters.
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