Delhi Mumbai Industrial Corridor Project

The Delhi-Mumbai Industrial Corridor Project is a planned industrial development project between India's capital, Delhi and its financial hub, Mumbai. It is one of the world's largest infrastructure projects with an estimated investment of US$90 billion and is planned as a high-tech industrial zone spread across seven states, across the 1,500 km long Western Dedicated Freight Corridor which serves as its backbone.

It includes 24 industrial regions, eight smart cities, two airports, five power projects, two mass rapid transit systems, and two logistical hubs. The eight investment regions proposed to be developed in Phase I of DMIC are Dadri-Noida-Ghaziabad (in UP), Manesar-Bawal (in Haryana), Khushkhera-Bhiwadi-Neemrana and Jodhpur-Pali-Marwar (in Rajasthan), Pithampur-Dhar-Mhow (in MP), Ahmedabad-Dholera Special Investment Region (SIR) in Gujarat, the Shendra-Bidkin Industrial Park, and Dighi Port Industrial Area in Maharashtra.

The project has received a major boost from India and Japan, due to an agreement to set up a project development fund with an initial size of ₹1,000 crore (US$148.6 million). The Japanese and Indian governments are likely to contribute equally. The work is progressing at a rapid pace, with the dedicated freight corridor expected to be completed by December 2019.

Anand Sharma from The Ministry of Commerce and Industry has proposed the establishment of a US$9 Billion revolving fund with matching contribution from India and Japan to kick-start the implementation process of the US$90 billion Delhi Mumbai Industrial Corridor Project. The ambitious project will be funded through private-public partnership and foreign investment. Japan will be a major investor for this project. The corridor will span 1483 km. The industrial corridor project will be implemented by the Delhi-Mumbai Industrial Corridor Development Corporation, an autonomous body composed of government and the private sector.

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