Delhi-Mumbai Industrial Corridor

India, Japan sign agreements on Rs 360-kcr DMIC project: India and Japan signed two agreements on December 28, 2009 for implementing the ambitious Rs 3,60,000-crore Delhi-Mumbai Industrial Corridor (DMIC) project that seeks to create integrated investment regions and industrial areas across six States. The agreements include collaborating in the development of eco-cities, that is cities that are environmentally and ecologically sustainable, along the corridor and setting up of a project development fund to undertake activities like master planning and feasibility studies, preparing project reports and obtaining approvals and bid process management for projects.

Author: gktoday

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