Delhi - Mumbai Industrial Corridor (DMIC) is India's most ambitious infrastructure programme aiming to develop new industrial cities as "Smart Cities" and converging next generation technologies across infrastructure sectors.
The objective is to expand India's Manufacturing & Services base and develop DMIC as a "Global Manufacturing and Trading Hub". The programme will provide a major impetus to planned urbanization in India with manufacturing as the key driver. In addition to new Industrial Cities, the programme envisages development of infrastructure linkages like power plants, assured water supply, high capacity transportation and logistics facilities as well as softer interventions like skill development programme for employment of the local populace. In the first phase eight new industrial cities are being developed. The programme has been conceptualized in partnership and collaboration with Government of Japan.
Delhi Mumbai Industrial Corridor Development Corporation Ltd. (DMICDC), a special purpose company, was incorporated to establish, promote and facilitate development of DMIC project. It undertakes project development services for investment regions / industrial areas / economic regions / industrial nodes and townships, for various central government agencies and also assists state governments.
DMICDC undertakes various Project Development activities like Preparation of Master Plans, Feasibility Reports, Detailed Project Reports etc. and acts as an intermediary for the purpose of development and establishment of infrastructure projects through developing and disseminating appropriate financial instruments, negotiating loans and advances of all nature, and formulating schemes for mobilization of resources and extension of credit for infrastructure.