 "4 industrial cities to be implemented under DMIC: Govt")
The other three projects are Shendra Bidkin industrial park in Maharashtra, integrated industrial township in Madhya Pradesh and Greater Noida in Uttar Pradesh.
The Delhi-Mumbai Industrial Corridor (DMIC) project has been planned as a global manufacturing and investment destination around the high speed 1,483 km length of western dedicated freight corridor of the railways as the backbone.
The project envisaged to provide modern infrastructure through smart futuristic and sustainable industrial cities across six states including Haryana, Uttar Pradesh and Rajasthan.
"The government has earmarked an amount of Rs 17,500 crore as project implementation fund and Rs 1,000 crore as project development fund towards the DMIC project," Commerce and Industry Minister Nirmala Sitharaman said in a written reply to the Rajya Sabha.
She said the four projects of the first phase of DMIC are expected to be completed by 2019.
She said that other industrial projects like Bengaluru Mumbai Economic Corridor (BMEC) project, Chennai Bengaluru Industrial Corridor (CBIC), Amrtisar Kolkata Industrial Corridor (AKIC) and Visakhapatnam-Chennai Industrial Corridor (VCIC) are under initial stages of planning.
The final perspective plan for BMEC has been completed and submitted to Maharashtra and Karnatka. Similarly, draft shareholders agreement and state support agreement have been shared with state governments for CBIC.