While there is a set of 100 Smart Cities under the Ministry of Urban Development (MoUD) mission, there is also the Delhi-Mumbai Industrial Corridor (DMIC) alongside, wherein industrial townships are being developed and further funded under the Department of Commerce.
India's most ambitious infrastructure programme, the Delhi Mumbai Industrial Corridor (DMIC) has achieved another major milestone with its flagship project, Logistics Data Bank (LDB), conferred the ‘Best-In-Class Supply Chain Visibility’ award at the 11th Express, Logistics & Supply Chain Leadership Awards.
Alkesh Kumar Sharma, CEO and Managing Director, Delhi Mumbai Industrial Corridor Development Corporation (DMICDC), has been named CEO of the Year for Green Management and Future Leadership at the Golden Globe Tigers Award 2017.
In a decision expected to boost the pace of Delhi-Mumbai Industrial Corridor (DMIC) development in Rajasthan, the Expert Appraisal Committee of the Ministry of Environment, Forests & Climate Change (MoEF & CC) has recommended the grant of Environment Clearance to the proposed Jodhpur Pali Marwar Industrial Area (JPMIA) project.
India is acquiring quite the reputation for construction! Major infrastructure projects in the country that have been internationally lauded include the Metro Rail, Chenab Bridge, Qazigund Tunnel and Eastern Freeway along with the Golden Quadrilateral highway network, port connectivity and national waterways.
Major players from hospitality, retail, construction and other sectors have held wide-ranging discussions with the Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) on investment and partnership opportunities in the Rs 26,000 crore International Exhibition-Cum-Convention Centre (ECC) proposed to be built in Dwarka, New Delhi.
The government´s vision of building smart cities spells good news for real estate! The real-estate sector contributes around 6 per cent to India´s GDP. And with the government´s vision of building 100 smart cities, this is expected to increase to 10-12 per cent by 2022.
Huge opportunities to be seen for the Japanese investors in the Delhi Mumbai Industrial Corridor (DMIC) as the project is at an implementation stage. As per reports, work has already started in areas including Dholera, Aurangabad, Vikram-Udyogpuri and Greater Noida nodes, where land allotment is expected to begin in a couple of months.