Consultants work on Master Planning and preliminary engineering
More than Rs.16,750 crore investment commitments have been received from South Korea, Russia, China and from local multi-nationals for the four greenfield industrial smart cities and nodes under the Delhi-Mumbai Industrial Corridor (DMIC) through Gujarat, Maharashtra, Uttar Pradesh and Madhya Pradesh, Ministry of Commerce and Industry said in a release on 26 Nov 2021.
Major trunk infrastructure works have been completed in these industrial cities/nodes with 138 plots (754 acres) allotted to companies. Anchor investors in these cities/nodes including HYOSUNG (South Korea), NLMK (Russia), HAIER (China), TATA Chemicals and AMUL, said the Ministry in a project update.
Twenty-three nodes and projects in other Industrial Corridors are under various stages of planning and development.
The project is being developed jointly by National Industrial Corridor Development and Implementation Trust (NICDIT) and Karnataka Industrial Area Development Board (KIADB).
Consultants are working on the mega project’s Master Planning and preliminary engineering.
A project kick-off meeting was held on 24 November co-chaired by ACS, Commerce & Industries, Government of Karnataka and CEO & MD, NICDC along with officials from NICDC and KIADB.
Bengaluru-Mumbai Industrial Corridor (BMIC) is envisioned to facilitate development of a well-planned and resource-efficient industrial base in the two states of Karnataka and Maharashtra. Perspective Plan for the overall corridor has been prepared and Dharwad (Karnataka) and Satara (Maharashtra) have been identified as the priority nodes.
Development is being accelerated at Dharwad node under BMIC for regional industry agglomeration in Karnataka. The project over 6,000 acres is in close proximity to Hubballi-Dharwad twin city, the second largest Municipal Corporation in Karnataka. It is to be the flag-bearer for the next industrial revolution in the state.
The site is well connected by roads (NH 48 & 67) which connects the metro cities Mumbai, Bengaluru and Goa along with other major urban centres.
The existing railway station at Dharwad is located at a distance of 25 km and proposed Dharwad-Belgavi rail line is adjacent to the site.
The Hubbali airport is at a distance of 30 kms while the nearest sea ports are at Karwar (170 km) and Goa (180 km).
The proposed industrial development at Dharwad will augment the existing industrial development and create an investment destination for various categories of industries through provision of large-scale regional trunk infrastructure at Dharwad and tap the potential of the existing road/rail freight movement (strategic position in BMIC corridor ~500 km equidistant from Bengaluru and Mumbai) along BMIC.
Various reputed institutional setups viz., IIT, IIIT, University of Agricultural Sciences, High Court, etc. are in close proximity. Belur & Mummigatti Industrial areas in vicinity would help in creating an industrial ecosystemfor the region.
Under the National Master Plan for providing multimodal connectivity, any infrastructure gaps required for Dharwad node will be examined and taken up for development for holistically integrating the economic zones.
The Indian Government’s strategy is to develop integrated Industrial Corridors on the backbone of transport connectivity infrastructure in partnership with State Governments.
Under Industrial Corridor Programme, the objective is to create greenfield smart industrial cities with sustainable ‘plug n play’ ICT enabled utilities to facilitate the manufacturing investments into the country by providing quality, reliable, sustainable and resilient infrastructure for the industries.
The Indian Government has approved 11 Industrial Corridors consisting of 32 projects to be developed in 4 Phases. #tenders #investment #projects /fiinews.com
