Indian Economy-News & Updates

[Doom]

Some projects under DMIC

Gujarat:

1. Amdavad- Vataman- Pipli- Dholera- Bhavnagar Six Lane Access Controlled Highway (180km)
2. Regional Metro rail system between Gandhinagar- Amdavad- Dholera (120km)
3. International Airport between Amdavad- Dholera
4. Integrated Mega Industrial Park at Dholera

Madhya Pradesh:

1. Development of economic corridor along link road connecting Indore Airport to Pithampur.
2. Development of integrated multimodal logistic hub near Maksi
3. Continuous water supply and waste water management in Pithampur Industrial Area and
4. Knowledge City in Ujjain District.

Haryana:

1. Regional MRTS between Delhi-Manesar-Bawal with feeder service to enhance connectivity between Delhi and the upcoming manufacturing hubs.
2. Exhibition-cum-Convention Centre in NCR
3. Multi-modal Logistic Hubs at IMT Manesar
4. New passenger Rail Links; Palwal-Rewari via Bhiwadi, Farrukhnagar - Jhajjar

Maharashtra:

1. Connectivity of Alewadi Port by rail to Dedicated Freight Corridor and to Alewadi Port by 4 lane road to Mumbai – Ahmedabad Highway and to Mumbai-Nashik Highway
2. 4 lane Road Connectivity from Shirdi (Dist. Ahmednagar) to Igatpuri via Sinnar (Dist. Nashik)
3. Rail connectivity of Revas port and Dighi Port (Dist. Raigad) to Konkan Railway and 4 lane road connectivity of these ports to nearest National Highways
4. Trans Harbour Road – Railway Link Project
5. Inland Container Depot at Talegaon (Dist Pune)
6. Connectivity by 4 lane Road and Rail of Nevali Growth Centre (Dist. Thane) to Dedicated Freight Corridor
7. Rail Connectivity of Mumbai Port Trust to Dedicated Freight Corridor

Rajasthan:

1. Shahjahanpur – Neemrana – Behrore (SNB) Global City Complex
2. Central Spine connecting Global City with Bhiwadi-Tapukada Industrial Complex via Ajarka
3. Green Field Airport (Aerotropolis) Project
4. Water Resource Management for Investment Regions in DMIC
5. Development of Gas Grid in Rajasthan
Early Bird Projects - Japan

Quote:
1. Captive Power Plant at Neemrana Japan Investment Park

Proposed to be located in Neemrana, Rajasthan
Project Organizer is Hitachi
Aims at non-water use method of power generation using GAIL gas and Hitachi technology
Shared Energy Centre would result in uninterrupted power supply, reduced power cost, etc.
Project status: Project feasibility study completed. Gas pipeline expected in March/April 2010. Hitachi was requested in the meeting held on 8th may to contact GAIL and appraise them of the project and probable demand for gas.

2. Neemrana Jet Stream Logistics Project

Proposed to be located in Neemrana, Rajasthan
Project Organizers are NYK Line India & NYK Logistics India
Container Depot is planned in 20 acres of land.
Road/rail connectivity requested by the organizers.
Project status: As requested by the Organizer, DIPP has already written to CBEC for provisioning of EDI facility for customs clearance at NYK ICD. In the meeting on 8th May, the organizers were requested to contact the authorities concerned and explain the volume of business and match their requirement with the plans of the authority.

3. Free Trade Warehousing Zone (FTWZ) Project

Proposed to be located in Greater NOIDA, UP
Project organizer is M/s MITSUI & Co. Ltd.
Development of global standard Logistics Platform connecting DFC
Draft MoU between GNIDA and MITSUI sent to State Government for approval
Land selected and awaiting approval of State Government
Project status: State Government requested to speed up the site selection.

4. DMIC Human Resources Training Project:

Project Organizer is Techno Brain Company
Program content to include Japanese language skills, Japanese work practices apart from skills for specific industries.
Project status: Study on skill development, technical progress, human outreach, software development etc in collaboration with Oriental Consultants under way.

5. Logistics Project in Haryana

Project organizer is M/s MITSUI & Co. Ltd.
This project was introduced in the Sixth Task Force meeting held on 13th July 2009 at New Delhi in place of the Integrated India-Japan Enclave Project in Haryana
Project status: New project. Progress awaited.

 

[gogbot]

More info of what is cooking in Gujarat

Dholera – Special Investment Region is going to be well planned Central Business District in the heart of Gujarat nearby Ahmedabad city. It’s size will be almost double of the Ahmedabad City. After successful creation of Green City Gandhinagar, this would be one of the two cities planned by Gujarat Govt along with highly ambitious Gujarat International Finance Tech City (GIFT City). The region will require about 40,000 Crore investment over the development period of 7-10 Years once construction begin. Experts believe that such an ambitious project may cost upto 1,00,000 Crore if the delay happens similar to GIFT City.

As per the Official Statement of Dholera Committe following have be done.

-Pre-feasibility study completed by M/s Feed Back Ventures

-Location identified along with details of the area

-The work on the central spine road already started

-Notification issued for delineation of 879 Sq. Km of Area as DSIR

-Government allocates 1700 Hect. land for adjoining Airport

-Anchor Tenants already in place

-Master planning underway by M/s Halcrow, UK

-Water logging, seismological & environment studies underway

-The legal framework enacted: The SIR Act 2009

-Project development corporation (GICC) formed

To show its commitment Govt. of Gujarat has already passed the SIR Act, 2009 to ensure proper orders are passed.

The below video shows how the Dholera may look in future.

http://www.youtube.com/watch?v=4TOYWi_QbR4

Shows the long term planning absent in many projects before

 

[HitesH]

investing that much
looking at current status of india
is not a good idea to me

 

[Doom]

Gujarat notifies $21.7 bn special investment region

2010-03-02 11:10:00
Gujarat's Special Investment Region (SIR) that will have an investment of Rs.1 lakh crore (Rs.1 trillion/$21.7 billion) is now a reality with the state government issuing a notification for the setting up of the region, an official said here Tuesday.

The notification was issued to the Dholera SIR Regional Development Authority (DSRDA) recently. Following the notification, the process on the ground is expected to pick up speed.

'This is the first concrete step in turning this SIR into a reality,' the industries department official said.

The authority will create the infrastructure in the region and make land allotments to units proposing to set up shop there.

'The government has already notified 99,000 hectares of land in 22 villages in the region and an investment of Rs.1 lakh crore is on the anvil. The investment may ultimately even exceed this figure,' the official said.

SIR will be a global showcase for Gujarat with a port and an airport in the region coming up in Dholera town, about 30 km from Dhandhuka village of Ahmedabad district.

The principal secretary of the industries department will be the DSRDA chairman. It will have a chief executive officer and representatives of the Gujarat Chamber of Commerce and Industry, the Gujarat Infrastructure Development Board (GIDB), and other related institutions.

 

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---------- Post added at 06:06 PM ---------- Previous post was at 06:05 PM ----------

 

[Doom]

Federa airport gets wings with govt nod

BS Reporter / Mumbai/ Ahmedabad March 17, 2010, 0:09 IST

Adani group no longer interested to develop airport

Ahmedabad region is all set to get yet another international airport. The Aviation ministry has already accorded its nod to a greenfield airport project that will come up between Ahmedabad and Dholera.
As part of the early bird projects under Delhi-Mumbai Industrial Corridor (DMIC), prepared in consultation with respective state governments, it was envisaged to develop an international airport between Ahmedabad and Dholera in Gujarat, an aerotropolis near Jaipur in Rajasthan; and an international airport in Uttar Pradesh. This information was given by the Minister of Civil Aviation, Praful Patel in written reply to a question in Lok Sabha recently.

The airport which will predominantly handle cargo, will come up about 90 kms away from Ahmedabad. A team of aviation department was here recently to give final touches to the project, said sources familiar with the development.

Though the stage is set for a new airport between Ahmedabad and Dholera, Adani group is no longer interested in developing the airport. "Our primary interests remain in ports, power and energy related development and coal mining and trading. We have no interests in developing airports," said a senior official of Adani group.

Earlier, Adani group had shown interest in developing the airport project. The company had also studied the area. Besides Adani, JK Group has also envisaged interest in the project in the past, industry sources said. However, JK Group has also decided to pull back from it, said an official of JK Group.

"Acquiring about 5 km land for the runway is a herculean task. Being a low lying area there is problem of water logging in Federa region. As a result, the cost of construction is very high," said an industry expert familiar with the project.

In February this year, the Airports Authority of India (AAI) has giventhe much-needed technical clearance to the greenfield international airport at Federa village, according to reports.

Federa was earmarked by the state government two years ago due to its strategic importance. It has a logistic proximity to Dholera, which falls under the influence of the Delhi-Mumbai Industrial Corridor (DMIC). The airport, spread over 28 sq km, will have two different runways for takeoff and landing in about 4.5 km.

Besides, the Japanese government is aiming to set up a 'mini Japan' in Federa-Dholera region.

The state government issued a notification to the Dholera SIR Regional Development Authority (DSRDA) in February this year. The authority will create the necessary infrastructure and make land allotments to units proposing to set up their operations here.

The government has already notified about 1 lakh hectares of land in 22 villages in the region and an investment of Rs 1 lakh crore is expected to flow in the region.

Federa airport gets wings with govt nod

 

[gogbot]

A new city also being built in the corridor

Gujarat International Finance Tech-city ( GIFT )

Gateway towers




Diamond tower


http://img206.imageshack.us/img206/8210/14df0.jpg

Naga towers





All images courtesy of the official website

Official website

You can find more info here

GIFT Gujarat,Gujarat International Tec City,Gujarat International Finance Tec-City (GIFT)

First Phase

As of now, proposed GIFT city’s land leveling work is going on. Soon GIFT city will start constructing a temporary housing facility for some 40000+ workers.

Second Phase

The second phase's planned period for construction and commencement - 2010-2013.

Third Phase

The third phase's planned period for construction and commencement - 2013-2017.

 

[Doom]

investing that much
looking at current status of india
is not a good idea to me

buddy, it is must for transforming our economy and move to manufacturing hub.

We have to utilize our huge population and also provide jobs to them.

Chinese don't know what e are doing believe me let them talk about poverty, toilets etc. when still they are also in somewhat same category.

After this project out economy will take a huge leap.

 

[Doom]

HCC to Invest Rs. 40,000 Crore in Creating Lavasa like City in Gujarat

Hindustan Construction Company (HCC), India’s leading construction and infrastructure development company, has signed two MoUs with Government of Gujarat with a total investment of Rs. 41,500 crores. The first MoU has been signed with the Gujarat Infrastructure Development Board to develop a Water Front City with a total investment of Rs. 40,000 crores. The new city will be based on Lavasa, free India’s first and largest Hill City being built by HCC near Pune, Maharashtra.

The second MOU has been signed with Narmada Water Resources, Water Supply and Kalpasar Department for developing three water pipeline projects worth Rs. 1500 crores.

The Water Front City will be developed over 4000 acres in Dholera Special Investment Region (SIR) located at the Gulf of Cambay about 129 km from Ahmedabad. Dholera is in the influence area of the Delhi-Mumbai Industrial Corridor (DMIC).

Mr. Ajit Gulabchand, Chairman and Managing Director of HCC, said, “The concept of new urbanism is gaining momentum globally and we are happy to initiate this modern and sustainable Water Front City in Gujarat, based on this model. We are confident of replicating our successful Lavasa business model which has already established a large network of business partners. The innovative nature of this project is matched only by the Gujarat government's keen interest to develop world-class infrastructure in the state."

The new Water Front City at Dholera will have an employment potential of 50,000 jobs and the actual construction will begin after various regulatory approvals like detailed project report, Environmental Impact Assessment (EIA) study and after development of the master plan of the region. The company shall act according to the provisions in the Special Investment Region Act 2009, township policy of Government of Gujarat and other provisions for any infrastructure development activities within or outside the assigned area.

Lavasa is free India’s first and largest hill station being developed by HCC where people can Live, Work, Learn and Play in harmony with nature. A complete new city, based on the principles of New Urbanism, it is fast being developed over 12,500 acres of land, just a 3 hour drive away from Mumbai and an hour from Pune. Lavasa will host a complement of global leaders in hospitality, tourism, education, healthcare, business research and industry. The company has already established tie-ups with the best of international as well as domestic institutions such as ITC Hotels (Fortune Select) and Accor (Pullman, Novotel and Grand Mercure) in the field of hospitality, Oxford University (Said Business School), Girls’ Day School Trust (UK), Ecole hotelier de Lausanne (Switzerland), Symbiosis (Pune) and Christ University (Bangalore) in the field of education and Apollo Hospitals in health and wellness. Lavasa provides contemporary yet timeless architectural designs, multiple options for housing across socio-economic segments of society with state of the art infrastructure and amenities, thus enabling people to live a life in full.

The MoU signed for developing three water pipelines envisages inter basin transfer of water from N.M.C. to various reservoirs such as the Dharoi reservoir in Mehsana district, Dantiwada reservoir in Banaskantha district and Sipu reservoir in Banaskantha district.

About HCC:

HCC is a leading construction and infrastructure development company with a rich heritage of experience. The company specializes in large-scale infrastructure development and developing new age construction technologies. The Company has managed and executed several technically complex and high value projects across segments like transportation, power generation infrastructure, marine projects, oil & gas pipeline constructions, irrigation & water supply, utilities and urban infrastructure.

HCC, Construction and infrastructure company, MOU, The Water Front City

 

[gogbot]

buddy, it is must for transforming our economy and move to manufacturing hub.

We have to utilize our huge population and also provide jobs to them.

Chinese don't know what e are doing believe me let them talk about poverty, toilets etc. when still they are also in somewhat same category.

After this project out economy will take a huge leap.

we should not get ahead of ourselves , Gujarat and some other states are only a few examples.

Majority of our states still lag behind. Centre needs to do something about that

Sorry to be so blunt but that is just how it is.

Some states develop , some don't .
We should not forget about the other states

 

[Doom]

Japan signs pact with 3 States for DMIC project

Union Commerce & Industy Minister with Japanese Economy, Trade and Industry Minister Nasayuki Naoshima in New Delhi on Friday. Photo; Sandeep Saxena

Major Japanese consultants on Friday entered into joint pacts with DMICDC and three State governments to develop eco-friendly infrastructure for the new cities planned in the USD 90 billion Delhi-Mumbai Industrial Corridor (DMIC).

The DMIC, comprising six states -- Uttar Pradesh, Haryana, Rajasthan, Gujarat, Maharashtra and Madhya Pradesh -- is being developed in collaboration with Japan as a manufacturing and trading hub.

Under the four Memorandums of Understanding (MoU), Japanese consultants will launch feasibility studies to set up the first set of ‘smart communities’ in Manesar-Bawal (Haryana), Dahej and Changodar (Gujarat) and Shendra (Maharashtra).

A host of Japanese companies like Hitachi, Mitsubishi Corporation, Toshiba, JGC, Itochu and Tokyo Electric Power Company will be part of the consortiums conducting the feasibility studies.

“We have reached a stage where we can say this project will be taken to its conclusion,” Commerce and Industry Minister Anand Sharma said after the Delhi-Mumbai Industrial Corridor Development Corporation Ltd (DMICDC), the three state governments and the Japanese consultants signed the MoUs.

The DMIC project was planned in 2006.

During the visit of Japanese Prime Minister Yukio Hatoyama here in December, 2009, a MoU was signed between DMICDC and the Japan External Trade Organisation (JETRO) to develop smart communities or eco cities in India.

“This (DMIC) is perhaps the biggest infrastructure project taken up anywhere in the world,” Sharma said.

The first phase is expected to be completed by 2018.

Once the project is completed, it would generate huge employment opportunities, double India’s industrial production and quadruple exports, the minister said.

Development of such cities assumes significance as increased economic growth is likely to put additional pressure on environmental resources.

A smart community is a city where the residents, business and government live and work in a sustainable manner through delivery of integrated, low carbon products and services, DMIC CEO and Managing Director Amitabh Kant said.

A total of 24 investment zones have been planned in the DMIC region, with seven likely to be completed in the first phase. The region has been projected to grow at a compounded annual rate of 13 per cent.

The development plan for the Ahmedabad-Dholera investment region in Gujarat has been completed, while the overall perspective plan for the entire region has also been approved.

Kant said to meet the power requirements of the region, power projects are being established in Madhya Pradesh, Rajasthan, Maharashtra, Gujarat and Uttar Pradesh.

The Hindu : Business / Industry : Japan signs pact with 3 States for DMIC project

 

[Doom]

we should not get ahead of ourselves , Gujarat and some other states are only a few examples.

Majority of our states still lag behind. Centre needs to do something about that

Sorry to be so blunt but that is just how it is.

Some states develop , some don't .
We should not forget about the other states

yes ur right.

but if u look closely u will realize that the DMIC (Western fright corridor) and Eastern fright corridor.

Consist of non performing states like Rajasthan, MP, UP, West Bengal, Bihar, Jharkhand, Haryana, Punjab etc. where there are no major industrialization is happening.

So it will change the scene and these states will be industrialized and become the low cost manufacturing base this will reduce unemployment and poverty and improve the life.

Apart from these states Gujarat, Maharashtra, Delhi etc. are also the part of these projects.

 

[gogbot]

yes ur right.

but if u look closely u will realize that the DMIC (Western fright corridor) and Eastern fright corridor.

Consist of non performing states like Rajasthan, MP, UP, West Bengal, Bihar, Jharkhand, Haryana, Punjab etc. where there are no major industrialization is happening.

So it will change the scene and these states will be industrialized and become the low cost manufacturing base this will reduce unemployment and poverty and improve the life.

Apart from these states Gujarat, Maharashtra, Delhi etc. are also the part of these projects.

Well and good but what about our north east states ?

they are very underdeveloped.

Not as much poverty. but very poor infrastructure.