Delhi-Mumbai industrial corridor
Investments is sought out by India from public and private sector firms in Arab regions in various sectors like infrastructure and railways enhance the fiscal knot in the midst of regions. Nirmala Sitharaman who gave speech in the 4th India-Arab conference, said that there are vast opportunities for the businesses of Arab regions to make [...] Continue Reading »
By March 2015, the government plans to issue tenders for turning Dholera and Shendre-Bidkin to smart cities. These two areas are in the Delhi-Mumbai Industrial Corridor (DMIC). Pioneering the ushering move for Smart cities, Shendre-Bidkin and Dholera are expecting great changes in the days to come. Shatrughna Singh, the additional secretary of DIPP has made [...] Continue Reading »
The department of industrial policy and promotion (DIPP) will circulate a Cabinet note next week seeking the views of all ministries concerned on a proposal for a new law — the National Industrial Corridor Authority (NICA) Act — on the lines of the National Highways Authority of India (NHAI) Act. The Pune-headquartered NICA was proposed [...] Continue Reading »
The process for the construction of five ‘smart cities’ will apparently be commenced by the government by the end of the current fiscal year. Towards that end, contracts for the development of trunk infrastructure for five smart cities will be rolled out by the Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) in the near future. [...] Continue Reading »
Manoj Singh the Managing Director of Uttar Pradesh State Industrial Development Corporation was addressing the crowd at CII’s (The Confederation of Indian Industry) ‘Invest North 2014’ summit on Thursday. During that he mentioned a few plans for the state. Singh mentioned that the industries coming up in Uttar Pradesh are expected to change the landscape of [...] Continue Reading »
In order to spark economic growth the government has announced that they will set up 16 national investment and manufacturing zones or NIMZs. The proposal to set up 16 NIMZs has been under the national manufacturing policy. The policy has been chalked out in a way such that it would help in increasing the share [...] Continue Reading »
Foreign Minister Laurent Fabius of France has promised to give India a 1 billion euro ($1.4 billion) credit line to fund sustainable infrastructure and urban development projects. The credit line would be available over a three years period and would be delivered through the French Development Agency. Prime Minister Narendra Modi’s ministry’s main focus is on infrastructure and the [...] Continue Reading »
In New Delhi, the officials from the Indian Embassy spoke with their Japanese counterparts regarding investments to develop 100 smart cities and high-speed bullet trains to improve infrastructure. Amitabh Kant, Secretary in the Department of Industrial Policy and Promotion mentioned that Japan is their chosen partner because this quality driven nation is the best in developing [...] Continue Reading »
The Greater Noida Industrial Development Authority (GNIDA) has completed the feasibility report for the ‘Greater Noida to Indira Gandhi International (IGI) Airport’ Metro link; and it is apparent that the efforts to connect the 66-km route via high-speed Metro link are on a fast track. The completion of the feasibility report by the GNIDA implies [...] Continue Reading »
In Chandigarh, the empowered committee of the Punjab Government gave approval to reduce the cancer relief fund from 0.5 per cent to 0.25 per cent (maximum Rs 25 lakh) if there is a delay in mega projects. The committee also increased the permissible period of delay from one year to two years. Chief Minister of [...] Continue Reading »
