The DMIC project was launched in pursuance of an MOU signed between the Government of India and the Government of Japan in December 2006. DMIC Development Corporation (DMICDC) incorporated in 2008, is the implementing agency for the project. DMICDC has been registered as a company with 49% equity of Government of India, 26% equity of the JBIC and the remaining held by government financial institutions. The Japanese Government had also announced financial support for DMIC project to an extent of US$ 4.5 billion in the first phase for the projects with Japanese participation involving cutting edge technology.
- The project spans the States of Uttar Pradesh, Haryana, Rajasthan, Madhya Pradesh, Gujarat and Maharashtra along the Western Dedicated Freight Corridor (DFC) of the railways. Initially, 8 nodes/cities in the six DMIC states have been taken up for development.
- SPVs have been constituted in Five DMIC projects.
- Four DMIC projects are ready to be launched. The details of the projects are given below:
- Ahmedabad-Dholera Special Investment Region in Gujarat
- Shendra-Bidkin Industrial Park in Maharashtra
- Integrated Industrial Township Project in Greater Noida, Uttar Pradesh
- Integrated Industrial Township Project in Vikram Udyogpuri in Ujjain, Madhya Pradesh.
- Land has been transferred to the SPVs by the concerned State Governments. Matching equity by DMIC trust has been released to the SPVs.
- Master Planning, Environment Clearance and legal framework, authorizing power to SPVs have been completed.
- Work on Trunk Infrastructure packages which includes Common Effluent Treatment Plant (CETP), Administrative Business Centre (ABC), Water Treatment Plant (WTP), Sewage Treatment Plant (STP) and Roads and Services are ready to commence after finalization of tenders which have already been floated.
For futher details please visit Delhi Mumbai Industrial Corridor