Delhi Mumbai Industrial Corridor Project - Gujarat Delhi Mumbai Industrial Corridor India
The Delhi Mumbai Industrial Corridor Highway Project is a road project undertaken by the government of India. The outline and the plan of this industrial corridor project has been in the talks lately as the government of India and Japan have entered into MOUs and agreements according to which both the countries will set up a joint fund for the entire project development and the government will contribute equally. Gujarat Delhi Mumbai Industrial Corridor enters Gujarat as well bringing home a host of possibilities and bright future for industrial ventures.
The Delhi Mumbai Industrial Corridor Project brings Benefits for Gujarat:
The making of this Industrial Corridor between Delhi and Mumbai, which is a very prestigious project, will see a lot many opportunities in the form of employment. Since, there will be a lot of scope for industrialization of the entire route therefore the companies both national and international ventures will pitch in to make maximum use of the situation.
Hence, as a result of Delhi Mumbai Industrial Corridor Project Gujarat, the rate of employment in Gujarat will see an upsurge and help the unemployed youth of the state. An autonomous body comprising of the government and the private sector forms Delhi - Mumbai Industrial Corridor Development Corporation.
According to it, Japan will be an equal partner in terms of funding. The benefits according to the corporation says that the corridor will bring double employment, triple industrial output and quadruple exports from the region in five years which is their 2-3-4-5 benefit.
This Delhi Mumbai Industrial Corridor Project enters six states, which includes the union territory of Delhi, the western Uttar Pradesh, the east of Rajasthan, the eastern Gujarat and the west of Maharashtra.
Length of Delhi Mumbai Industrial Corridor Project
The length of this Delhi Mumbai corridor is 1540 km out of which the area, which will run through the states of Gujarat, is close to 36% equaling 565 km. This is only a state which enjoys such a huge percentage of the corridor. Hence, the amount of developmental opportunities for the state too is enormous.
Gujarat Venture Capital Fund will provide assistance to entrepreneurs with sound business plans. With these plans becoming a reality, the state will be able to create huge employment in all the thrust areas.
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