DMIC Integrated Industrial Township Greater Noida gives SPV a major boost
ROADS & HIGHWAYS

DMIC Integrated Industrial Township Greater Noida gives SPV a major boost

DMIC Integrated Industrial Township Greater Noida (IITGNL) has been declared as the fourth industrial authority in Gautam Budh Nagar, giving a major boost to the SPV’s efforts of building a smart township along the Delhi-Mumbai Industrial corridor.

 Under a notification issued by the Government of Uttar Pradesh, IITGNL will have the powers to sanction building of maps, create layout plans, apart from planning urban areas in the township as well as continuing with the process of allotment of industrial plots. The other three industrial authorities in Gautam Budh Nagar include: Noida, Greater Noida and Yamuna Expressway.

 “The decision by the Uttar Pradesh Government will facilitate IITGNL’s potential to frame its own bye-laws and grant different proposals, raising expectations of doing business with ease. We see this development as a significant step in furthering IITGNL’s goal of setting up a dedicated industrial township in the DMIC corridor,” said Alkesh Sharma, CEO and MD, Delhi Mumbai Industrial Corridor Development Corporation (DMICDC).

Narendra Bhooshan, CEO IITGNL and CEO GNIDA, said that the notification by the Uttar Pradesh Government will help the SPV expedite the process of setting up the township, ease the work load of other industrial authorities in the district as well as reinforce the state’s commitment in smoothening operations related to infrastructure work and industrial townships.

Integrated Industrial Township at Greater Noida is the first smart industrial city being developed in Uttar Pradesh under the Delhi Mumbai Industrial Corridor, among India’s most ambitious infrastructure project. The township has been developed through an SPV company DMIC Integrated Industrial Township Greater Noida, which has been established as a JV between National Industrial Corridor Development and Implementation Trust (NICDIT) and Greater Noida Industrial Development Authority. The township is exclusively planned for Hi-Tech/IT, Bio-Tech and R&D units and will also have residential and commercial development in future.

So far, IITGNL has allotted industrial plots to four corporate houses this year, with investments worth more than Rs 3,500 crore. The companies who will be setting up their manufacturing facilities at the township, include: Haier Appliances India, Chinese Mobile maker Forme’s Indian subsidiary Forme Trading, Satkriti Infotainment, and Starion India.

 One of the most ambitious infrastructure projects of the world, DMIC is being developed as a global manufacturing and investment destination with the 1483-km-long western dedicated freight corridor as its backbone. Dholera (Gujarat) is the biggest of the eight industrial smart cities being developed in the first phase of the project.

DMIC Integrated Industrial Township Greater Noida (IITGNL) has been declared as the fourth industrial authority in Gautam Budh Nagar, giving a major boost to the SPV’s efforts of building a smart township along the Delhi-Mumbai Industrial corridor.  Under a notification issued by the Government of Uttar Pradesh, IITGNL will have the powers to sanction building of maps, create layout plans, apart from planning urban areas in the township as well as continuing with the process of allotment of industrial plots. The other three industrial authorities in Gautam Budh Nagar include: Noida, Greater Noida and Yamuna Expressway.  “The decision by the Uttar Pradesh Government will facilitate IITGNL’s potential to frame its own bye-laws and grant different proposals, raising expectations of doing business with ease. We see this development as a significant step in furthering IITGNL’s goal of setting up a dedicated industrial township in the DMIC corridor,” said Alkesh Sharma, CEO and MD, Delhi Mumbai Industrial Corridor Development Corporation (DMICDC). Narendra Bhooshan, CEO IITGNL and CEO GNIDA, said that the notification by the Uttar Pradesh Government will help the SPV expedite the process of setting up the township, ease the work load of other industrial authorities in the district as well as reinforce the state’s commitment in smoothening operations related to infrastructure work and industrial townships. Integrated Industrial Township at Greater Noida is the first smart industrial city being developed in Uttar Pradesh under the Delhi Mumbai Industrial Corridor, among India’s most ambitious infrastructure project. The township has been developed through an SPV company DMIC Integrated Industrial Township Greater Noida, which has been established as a JV between National Industrial Corridor Development and Implementation Trust (NICDIT) and Greater Noida Industrial Development Authority. The township is exclusively planned for Hi-Tech/IT, Bio-Tech and R&D units and will also have residential and commercial development in future. So far, IITGNL has allotted industrial plots to four corporate houses this year, with investments worth more than Rs 3,500 crore. The companies who will be setting up their manufacturing facilities at the township, include: Haier Appliances India, Chinese Mobile maker Forme’s Indian subsidiary Forme Trading, Satkriti Infotainment, and Starion India.  One of the most ambitious infrastructure projects of the world, DMIC is being developed as a global manufacturing and investment destination with the 1483-km-long western dedicated freight corridor as its backbone. Dholera (Gujarat) is the biggest of the eight industrial smart cities being developed in the first phase of the project.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Hexalog Appoints Vishal Shukla as Chief Transformation Officer

Hexalog, a cross-border supply chain and logistics company, has appointed Vishal Shukla as Chief Transformation Officer (CTO) to lead its operational transformation, technology adoption and expansion into new international markets.In his new role, Shukla will oversee the company's transformation strategy across operations, technology, product development and business expansion. His responsibilities include standardising processes, developing scalable operating models, strengthening existing trade corridors and introducing new fulfilment solutions for cross-border businesses.Shukla brings nearl..

Next Story
Real Estate

Dhuleva Group Awards 80-Storey Tower Contract to Eversendai

Dhuleva Group has awarded the core and shell structural construction contract for Dhuleva One50, an upcoming 80-storey ultra-luxury residential tower in South Mumbai, to Malaysia-based engineering and construction company Eversendai.Located near the Babulnath district, the development is planned as a high-rise residential landmark offering panoramic views of the Arabian Sea and Mumbai's skyline. The project will combine contemporary architecture with advanced engineering and premium residential facilities.Eversendai will undertake the structural construction works, drawing on its experience in..

Next Story
Building Material

Nuvoco Marks 10 Years, Targets 35 MMTPA Capacity by FY28

Nuvoco Vistas Corporation Limited is celebrating a decade of operations under the theme ‘Dus Saal Bemisaal’, highlighting its expansion in India's building materials sector. The company has grown from a single cement manufacturing facility into a diversified organisation operating across cement, ready-mix concrete (RMC) and modern building materials.The company's journey began in 2014 when its parent, Nirma Group, commissioned a 2 million metric tonnes per annum (MMTPA) greenfield cement plant at Nimbol, Rajasthan. A major milestone followed in October 2016 with the acquisition of Lafarge ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code