DMIC: Govt clears Rs 4,318 cr to construct trunk infra

Last Updated: Saturday, May 30, 2015, 17:24

The government on Saturday approved Rs 4,318.28 crore for constructing roads and basic amenities at two industrial regions in Gujarat and Maharashtra under the Delhi-Mumbai Industrial Corridor (DMIC) project.

'Industrial cities under DMIC may attract $100 bn investment'

Last Updated: Wednesday, May 8, 2013, 15:55

During the first phase of of Delhi-Mumbai Industrial Corridor (DMIC) project, the government has approved financial assistance of Rs 17,500 crore at an average of Rs 2,500 crore per city (subject to a ceiling of Rs 3,000 crore per city) for the development of seven industrial cities.

Cisco CEO meets Sharma, discusses IT set up for DMIC project

Last Updated: Wednesday, April 17, 2013, 18:47

The company is preparing Information and Communications Technology (ICT) master plan for four smart cities proposed under the DMIC project.

Govt ready to provide more funds for DMIC

Last Updated: Thursday, February 28, 2013, 13:58

The government Thursday said that "if required" it will allocate more funds during the next financial year for the development of world class industrial cities proposed under the Delhi-Mumbai Industrial Corridor (DMIC) project.

India seeks Russian investments in DMIC project

Last Updated: Monday, October 15, 2012, 18:48

The policy seeks to raise share of the manufacturing sector in the GDP to 25 percent from the present 15-16 percent in the next decade.

UP govt to speed up Delhi-Mumbai industrial corridor

Last Updated: Saturday, August 11, 2012, 20:29

UP chief minister Akhilesh Yadav said the 1,483-km project would begin from Jawaharlal Nehru Port in Mumbai and touch Dadri at Greater Noida.

India may relax norms to attract Japanese capital in DMIC

Last Updated: Wednesday, August 1, 2012, 16:55

India is likely to relax guidelines to encourage Japanese funds to invest in the ambitious USD 100-billion Delhi-Mumbai Industrial Corridor (DMIC) project.

Work on $100 bn Delhi-Mumbai industrial corridor reviewed

Last Updated: Wednesday, July 4, 2012, 21:09

A parliamentary panel Wednesday reviewed the progress on the Delhi-Mumbai Industrial Corridor (DMIC) that is to be developed at an estimated investment of over USD 100 billion.

DMIC, 5 others in KPMG's most innovative 100 projects list

Last Updated: Tuesday, July 3, 2012, 22:22

Global advisory firm KPMG has selected six upcoming urban infrastructure projects in the country, including the USD 90-billion Delhi-Mumbai Industrial Corridor (DMIC), amongst its top 100 innovative global infrastructure projects.

LIC, IIFCL may take stake in DMIC project

Last Updated: Wednesday, February 29, 2012, 20:09

Life insurance major LIC and India Infrastructure Finance Company (IIFCL) are expected to acquire stakes in the government's ambitious USD 100-billion Delhi Mumbai Industrial Corridor project, an official said Wednesday.

Draft proposal for Japanese FDI in DMIC proj gets MEA nod

Last Updated: Friday, January 6, 2012, 20:04

The draft Cabinet proposal to give 26 percent stake to Japan in the USD 90 billion Delhi-Mumbai Industrial Corridor (DMIC) project has received an approval from the Ministry of External Affairs, sources said.

JBIC, JICA to give $4.5 bn for DMIC project

Last Updated: Thursday, December 29, 2011, 19:23

Japan Bank for International Cooperation (JBIC), a government institution, will provide an assistance of USD 3 billion for development of the DMIC project.