29.1.14

DMIC snippets

In a major boost to Delhi-Mumbai Industrial Corridor, UP cabinet gave its nod for setting up an integrated industrial township, a model transport hub and a multi modal logistic hub in Noida and Greater Noida region. The cabinet also approved setting up of five modern police stations in the region to strengthen security paraphernalia in UP part of NCR.
Briefing media about the development, chief secretary Jawed Usmani said while the integrated industrial township will come up on 760 acres in Greater Noida, the model transport hub will be established in Budaki region on 400 acres. The development of industrial township comes 18 months after chief minister Akhilesh Yadav had directed the Greater Noida Development Authority (GNDA) and Uttar Pradesh State Industrial Development Corporation to identify a site for setting up of a hi-tech integrated industrial township in the region. The CM had said that land would be acquired with the consent of farmers. The multi modal logistic hub, spread over 1,200 acres, will come up in Dadri. The three will carried out as early bird projects, i.e, first come, first served for developers.
The three projects will be carried out on an equity basis, with DMIDC and Noida/Greater Noida authorities sharing 50% of the total cost. The authorities will also be required to pass on the land parcel to the companies showing interest in developing the project.
DMIDC envisages setting up of seven investment and 13 industrial regions between Jawaharlal Nehru Post in Mumbai and Dadri in Greater Noida.
The corridor passes through two investment regions in UP -- Greater Noida and Meerut-Muzaffarnagar. The ambitious project also provisions setting up of a dedicated fret corridor upto 150 to 200 km on both sides of the investment region. The project becomes even more crucial for UP because the proposed east-west corridor merges at Khurja, which lies in the state.
In the first phase, the GNDA had decided to develop Bodaki railway station, Greater Noida-Noida Metro rail link, Dadri Vallabhgarh railway station Noida, Greater Noida-Faridabad expressway, Logistic park/ township and an auto-mart The authority has also indentified setting up of a power plant in the region as a crucial feature.

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