Delhi-Mumbai Industrial Corridor
Fast tracking the mega infrastructure project being built under the Delhi-Mumbai Industrial Corridor (DMIC) project, Maharashtra Chief Minister launched the mega freight corridor project involving a whopping investment worth Rs. 17,500 crore. The project in question, which is a multi-billion-dollar Indo-Japanese initiative, will speed up the movement of industrial and agriculture goods produced in the State. The portion of the project will be aligned along the multi-modal Western Dedicated Rail Freight Corridor of the Indian Railways that connects Mumbai with the Delhi region with a high-speed railway line and will be used exclusively for goods and container traffic.

Elaborating further he said adding that the state support agreement (SSA) and shareholders agreement (SA) for the first phase of the project were signed in the presence of the Chief Minister and Union Minister for Commerce and Industries Anand Sharma. The zone of influence of the DMIC project will be spread over 29 per cent area of the State. In the first phase, Shendre Bidkin Industrial City and a convention centre will be set up near Aurangabad and a multi-modal logistics park will also come up at Karad in western Maharashtra. Land parcels over 55,000 hectares covering eight districts will be required for the completion of the first and the second phases of the project for which the Japanese Government has already promised a soft loan to carry out the project. The second phase is expected to enhance the State's manufacturing capability and will be boosted by further investments in the Dhule mega industrial park and the Nashik-Sinnar-Igatpuri investment region, the CM added.