The Delhi Mumbai Industrial Corridor Development Corporation Ltd (DMICDC) plans to invite anchor investors, to set up units in four industrial zones, by August.
Investments from Japanese, German and South Korean companies would be sought. During the recently concluded Make in India week, DMICDC received a number of inquiries from potential investors.
Land measuring up to 500 acres will be made available for industrial use. The new industrial zones are Dholera in Gujarat, Vikram Udyogpuri in Madhya Pradesh, Shendra-Bidkin in Maharashtra and Gurgaon in Haryana.
Managing Director and CEO of DMICDC, Alkesh Sharma, told
The land use plans and business model for the zones have been formulated and would soon be placed before the board of the SPV companies running the zones for approval, he said.
The whole project is expected to cost about $90 billion, of which about $9 billion will be raised by the Centre. The remaining will be channelised through the PPP route.
The Japan International Cooperation Agency funding of $10 billion will be used for setting up metro systems, which will connect Ahmedabad and Dholera and Gurgaon to Bawal. Some funds will also be used for improving the power grid and water supply in these States, Sharma said.