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DMIC, the infra umbrella that seems to have outlived its usefulness

When it was conceived in the high noon of SEZ and PCPIR projects, planners felt it will draw in large investments. The implementation risks, notably land acquisition, were thoroughly under-focussed

DMIC
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The Pithampur-Dhar-Mhow stretch of the Delhi-Mumbai Industrial Corridor, in Madhya Pradesh. Photo: Official website

Subhomoy Bhattacharjee New Delhi
At one stage, if you could name any current infrastructure project in North India, chances were it was a part of the Delhi Mumbai Industrial Corridor (DMIC) umbrella. But 13 years after it was set up in January 2008 as a special purpose vehicle, the Delhi Mumbai Industrial Corridor Development Corporation Limited, the umbrella seems to have outlived its need.

Also the Corridor is now at the risk of being upstaged by the much more integrated Chennai Bengaluru Industrial Corridor (CBIC), planned much later in 2015.

The problems with DMIC are several. When it was conceived in the high noon
Topics : DMIC SEZ