India 2040: Welcome to digitally controlled cities
Thursday January 10, 2013
Futuristic cities, smart grids recycling power, water and waste; and public transportation harnessed by technology. Welcome to the new India envisioned under the $100-billion Delhi-Mumbai Industrial Corridor (DMIC), that will see creation of seven ho...
Japan announces $4.5 bn loan to India for infrastructure corridor
Indo-Asian News Service | Wednesday December 28, 2011
Seeking to step up strategic ties with India, Japan on Wednesday announced $4.5 billion for the landmark Delhi-Mumbai Industrial Corridor project and agreed to step up negotiations for a civil nuclear deal, but made it clear that New Delhi has to squ...
Cabinet may clear manufacturing policy, DMIC fund infusion
NDTV Correspondent | Saturday November 26, 2011
The proposed National Manufacturing Policy which aims at creating mega industrial zones with world-class infrastructure without the rigid labour and environment laws is likely to come up before the Union Cabinet on Thursday. The equity restructuring plan of the DMIC Development Corporation (D...
FinMin wants private players out of DMIC funding body
NDTV Correspondent | Saturday November 26, 2011
The government has proposed to replace private sector players IL&FS and IDFC with state-owned institutions in DMIC Development Corporation (DMICDC), an agency which was set up to raise $4.5 billion to fund the ambitious Delhi-Mumbai Industrial Corridor (DMIC) project. "The Finance Ministry ha...
