UP zeroing in on investment zones of DMIC

Uttar Pradesh is zeroing in on investment zones in the state, which would integrate with the Delhi Mumbai Industrial Corridor (DMIC) and Dedicated Freight Corridor (DFC).

DMIC is a mega infrastructure project estimated at $90 billion with financial & technical aid from Japan and spanning 1,483 km between Delhi (Dadri in National Capital Region) and Mumbai (Jawaharlal Nehru Port).

DMIC would comprise seven investment and 13 industrial zones along its route, of which one each investment and industrial zone would fall in UP viz. Greater Noida (Dadri-Noida-Ghaziabad) and Meerut-Muzaffarnagar. A dedicated freight corridor spanning 150-200 km on either side of the investment zone is to be identified.

These zones are proposed to be self-sustained industrial townships with world-class infrastructure viz road, rail and air connectivity, quality social infrastructure and provide a globally competitive environment conducive for businesses.

In a recent review meeting, UP chief secretary Jawed Usmani, who heads the steering committee, directed officials to finalise the sites for setting up of the investment zone near Greater Noida within a month.

The meeting discussed two early bird projects including Bodaki railway station and Dadri Multimodal Logistics Hub. Greater Noida CEO was asked to submit his report regarding these two projects in 10 days.

The final report of the state government will also be sent to the National Capital Region Planning Board for vetting.

DMIC and DFC are touted among the biggest industrial development projects in India, which is likely to boost public and private sector investment in UP. Being strategically located between both the western and eastern DFCs, UP has the potential to attract large investments. Indian Railways intends to develop Multi-modal Logistics Parks through public private partnership along the eastern DFC at strategic locations.