INDUSTRIAL CORRIDOR

SUMMARY

  • Five industrial corridor projects have been identified, planned and launched by the Government of India in the Union Budget of 2014-2015, to provide an impetus to industrialisation and planned urbanisation. In each of these corridors, manufacturing will be a key economic driver and these projects are seen as critical in raising the share of manufacturing in India’s Gross Domestic Product from the current levels of 15% to 16% to 25% by 2022.
  • Along these corridors, the development of 100 Smart Cities has also been envisaged in the Union Budget of 2014-2015. These cities are being developed to integrate the new workforce that will power manufacturing along the industrial corridors and to decongest India’s urban housing scenario.
  • A National Industrial Corridor Development Authority (NICDA) is being established to converge and integrate the development of all industrial corridors.

DELHI-MUMBAI INDUSTRIAL CORRIDOR

  • 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 USD 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, eight nodes/cities in the six DMIC states have been taken up for development. The master plans for all the nodes except Dadri-Noida-Ghaziabad Investment Region in Uttar Pradesh have been completed and accepted by the State Government(s). Land acquisition for the new industrial regions/areas as well as for the Early Bird Projects identified for development as model initiatives are in different stages of progress in different states. The five SPVs in respect of Integrated Industrial Township Project, Greater Noida (UP), Water Supply Project (MP), Integrated Industrial Township Vikram Udyogpuri near Ujjain (MP), the Model Solar Power Project in Neemrana, Rajasthan and Shendra Bidkin Industrial Park (Maharashtra) have been formed. DMIC Trust has approved the release of funds to the SPV equivalent to the value of land to be transferred by the State Government.
  • Two Early Bird Projects namely Integrated Industrial Township Project, Greater Noida (UP) & Integrated Industrial Township Vikram Udyogpuri near Ujjain (MP) and Shendra-Bidkin Industrial Park where land have been made available, by the State Governments of Uttar Pradesh, Madhya Pradesh and Maharashtra respectively, have been taken forward for implementation. Dholera Special Investment Region (DSIR) in Gujarat where State Government has assured the availability of land has also been taken forward for implementation. The tender packages for appointment of Engineering, Procurement, Construction (EPC) contractor for implementation of trunk infrastructure like roads, drainage, sewerage, underground utilities etc. in these projects have been issued. For Integrated Industrial Township Vikram Udyogpuri Project, near Ujjain EPC, contractor has already been appointed.
  • The progress of the project is being regularly being monitored by the Department of Industrial Policy and Promotion.

BENGALURU-MUMBAI ECONOMIC CORRIDOR

  • Perspective Planning finalized and approved by the respective State Government(s)
  • Four nodes in the State of Maharashtra and six nodes in the State of Karnataka have been identified under Perspective Planning, of which, one node from each State Governments is to be shortlisted for Master Planning.
  • State Government of Karnataka had identified 'Dharwad' as the first industrial node in Karnataka under the BMEC. DMICDC, the nodal agency of project, has initiated the work of master planning of 'Dharwad' Node in Karnataka.
  • Tender documents for Selection of Consultants for Detailed Master Planning and Preliminary Engineering of Dharwad has been shared with State Government of Karnataka for review
  • Identification of site in Maharashtra is under consideration by the State Government

CHENNAI-BENGALURU INDUSTRIAL CORRIDOR PROJECT

  • Master planning of three identified nodes namely Ponneri (Tamil Nadu), Tumkur (Karnataka) and Krishnapatnam (Andhra Pradesh) in CBIC has been completed. Preliminary Environment Impact Assessment Study for these nodes is under progress. State Governments have been asked to finalize legal framework for signing of State Support Agreement (SSA) and Share Holder Agreement (SHA)
  • Perspective Planning is complete
  • Tender packages for Detailed Master Planning and Preliminary Engineering for identified nodes i.e. Krishnapatnam and Ponneri have already been issued; will be issued soon for Tumkur

VIZAG-CHENNAI INDUSTRIAL CORRIDOR

  • Envisaged as a part of the East Coast Economic Corridor linking Kolkata-Chennai-Tuticorin
  • Conceptual Development Plan has been completed by Asian Development Bank (ADB)
  • ADB has initiated Master Planning for two nodes namely Vishakhapatnam and Srikalahasti-Yerpedu in the last quarter of 2016, likely to be completed in 2016
  • Department of Economic Affairs has accorded approval of project loan of USD 500 million and programme loan of USD 125 million from ADB to the Government of Andhra Pradesh for VCIC Project.

AMRITSAR–KOLKATA INDUSTRIAL CORRIDOR

  • DMICDC has been entrusted with the work of undertaking the feasibility study of AKIC as the nodal agency
  • Perspective Planning to be completed by September 2016
  • M/s LEA Associates South Asia Pvt. Ltd. have ben appointed as the Project consultants for Preparation of Perspective Plan
  • Detailed Master Planning and Preliminary Engineering will be taken up after completion of Perspective Planning and acquisition of land by respective State Government(s)