Maha govt plans Mumbai-Bangalore Industrial Corridor on lines of DMIC

Project to be developed on PPP basis, with major investment coming from private sector

The Congress led government in Maharashtra, which is under attack for its complacent view towards investors, has proposed development of Mumbai Bangalore Industrial Corridor (MBIC) on the lines of Delhi-Mumbai Industrial Corridor.

The project will be developed on a PPP basis, wherein a major investment will be done by the private sector while the state government will also contribute its share to make the project viable. Maharashtra chief minister Prithviraj Chavan told Business Standard, “An announcement in this regard will be done in next 10-15 days. The proposed MBIC will give a further leg up to investments in this region,” he added.

The government is expecting investments in the field of power, gas pipeline infrastructure, gas based projects, information technology, agri business along the MIDC.



Chavan said under the DMIC two national industrial manufacturing zones will be developed near Aurangabad in the underdeveloped Marathwada region and Dighi in the coastal Raigad district. This apart, the government is also in the midst of development of Mumbai-Aurangabad-Nagpur corridor, Mumbai-Konkan corridor and Pune-Supa-Kolhapur corridor for the dispersal of investments.