Delhi-Mumbai Industrial Corridor (DMIC)
Delhi-Mumbai Industrial Corridor is a mega infra-structure project of USD 90 billion with the financial & technical aids from Japan, covering an overall length of 1483 KMs between the political capital and the business capital of India, i.e. Delhi and Mumbai.
This project incorporates Nine Mega Industrial zones of about 200-250 sq. km., high speed freight line, three ports, and six air ports; a six-lane intersection-free expressway connecting the country's political and financial capitals and a 4000 MW power plant. Several industrial estates and clusters, industrial hubs, with top-of-the-line infrastructure would be developed along this corridor to attract more foreign investment. Funds for the projects would come from the Indian government, Japanese loans, and investment by Japanese firms and through Japan depository receipts issued by the Indian companies.
The Proposed Investment Region at Pithampura-Dhar-Mhow would be located towards east of the alignment of Dedicated Freight Corridor and in the Malwa plateau of west-central region of Madhya Pradesh. Well served by NH-3 (Agra-Mumbai), other State Highways, Rail linkages and with Domestic Airport at Indore, this region has excellent connectivity to rest of India. This region would be located close to Indore, the commercial capital of the State. Based on the region's potential, Government of Madhya Pradesh has formulated mega scale investment plans for the region viz. setting up Apparel Park, Gem & Jewelry Park, Software Technology Park, Herbal Park, Pharmaceutical Cluster, Textile, Food Processing and Auto component clusters. This region is part of the Audhyogic Kendra Vikas Nigam (AKVN), Indore, a specialized State Govt. Corporation dedicated to the development of Industrial Areas and Infrastructure facilities in the western part of the state. The City Development Plan for Indore has envisaged an investment of INR 2746 Crore, over a seven year period, for the development and up gradation of urban infrastructure (transport, water supply, environment management etc) in the urban agglomeration of area of Indore.
- Located close to Indore, the commercial capital of Madhya Pradesh.
- Proximity to Steel Plants such as Bhilai and Nagpur and well connected to major market centers located across India.
- Located along National Highway-3 (Agra-Mumbai) and proximity to domestic Airport at Indore, this region has excellent connectivity to rest of India.
- Indore has Indian Institute of Management (IIM), the prestigious management institution and has the Center for Advanced Technologies, renowned for Laser technologies in the field of laser.
- This region caters to one of the first Greenfield Special Economic Zone of India at Indore, which is functional since 2000.
- Pithampur, renowned as Detroit of India, caters to a heavy concentration of vehicle industries (Hindustan Motors, Kinetic Honda, Eicher Motors, Bajaj Tempo) and other industries as Kores India, Crompton Greaves, Bridge Stone Tyres, Pratap Steel.
- Mega Development Plans of State Government viz. development of Auto Cluster capable of producing 1 Mn components along with Automobile Assembly Plant, Pharma Cluster, Apparel Park, Gems & Jewellery Park, Software Technology Park, Herbal Park and Bio-technology Park.
- Rich cultural heritage and prominent tourist destinations in and around the region such as Indore, Mandav, Dhar etc with vast potential attracting domestic and international tourists.