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DMIC to add Rs 20,000-bn to Maha`s industrial output: MIDC

The Delhi-Mumbai Industrial Corridor (DMIC) project will boost Maharashtra`s industrial output by an additional Rs 20,000 billion over the next three decades, a state agency said here today.



Mumbai: The Delhi-Mumbai Industrial Corridor
(DMIC) project will boost Maharashtra`s industrial output by
an additional Rs 20,000 billion over the next three decades, a
state agency said here today.

The project will also create an additional 23 lakh jobs
in the industrial/manufacturing areas over the same period,
the Maharashtra Industrial Development Corporation (MIDC) said
in a press release.

Accounting for the largest share of the DMIC project
area-wise, Maharashtra has already put in place an enabling
policy framework with an aim to strategically capture the
spill-over growth from Mumbai into other areas that fall under
this 1,500-km-long, 300-km-wide industrial belt, it added.

The DMIC projects in the state have been divided into
two key economic influence zones--the Nashik-Sinnar-Igatpuri
Investment Region (NSIIR) and the Dighi Port Industrial Area.
Under each of the two zones, various industrial and mega-
industrial park projects are being implemented, it said.

MIDC is acquiring 70,000 hectare land to accommodate these
DMIC initiatives and steps are also being taken to ensure
water allocation and superior road and rail connectivity to
and from every DMIC hub.

PTI

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