Development is on ease now-a-days as Modi’s Government is now planning to start the process for construction of five smart cities at the beginning of next new financial year.
Government has handed over the responsibility for rolling out the contract for development of trunk infrastructure in the main cities to the Delhi Mumbai Industrial Corridor Development Corporation (DMICD). Contracts for which the development has been planned are investment regions of Ahmedabad-Dholera & Shendra Bidkin in Maharashtra, integrated Industrial Township in Ujjain and Greater Noida, and the global city in Gurgaon.
Many international bidders are being invited for developing these trunk infrastructures which will include sewerage treatment and collection, water supply and roadways also. Amount of Rs 17,500 has been approved for DMIC trust for the maintenance of these infrastructures for the next five years. The contracts for the other investment region will be on track in the coming months.
All the basic work for these cities like setting up the master plan and acceptance of the following, land acquisition, the shareholder and state support agreements (SSA) have already been done so there should be no delay for further.
The main lime light for foreign investor like Japan will be the Gurgaon-Manesar plants, where presently we are having many plants which are hosting the units of supplying piston, crankshafts, fuel injection systems and other components to Maruti Suziki. There are more setups around the locations which will make interest for the foreign investors like the Honda Motorcycles and cars plant in Khushkhera-Bhiwadi-Neemrana in Rajashtan, Toyota plant in Bidani, and in Jhajjhar Haryana we have Panasonic and Denso like plants.
The DMIC main aim is to brighten up the enhancement for the country’s competiveness in the field or market of manufacturing of different products in India by creating high-class infrastructure and this will lead to reduction in the cost of logistics. The cost of logistics will be reduced as it will create smart industries with the help of western dedicated freight corridor.
There are eight industrial cities which has been taken care in the very first phase of DMIC which includes inverstement regions of Dadri-Noida-Ghaziabad, Manesar-Bhiwadi-Neemrana, Pitampura-Dhar-Mhow, industrial areas of Dighi port, Jodhpur Pali Marwar.
The visit of PM Modi is the main feature of investors like Japan to have more interest in India, as we need to increase the GDP at least 10 percent in order to get a bench mark of 12 to 13 million of workforce every year. The title provide by PM “Come, Make In India” is very suitable for the foreign investor to invest in India as we want them to make in India and then spread it in the world.
Modi has set a special team to help the foreign investments. These foreign companies will be playing a huge role in manufacturing potential. Doing business in China, increasing the cost of labor class has made India more popular.
From all the above parts we think that DMIC will be focusing on developing high class infrastructures for all the 5 cities but they will commence in the region of Delhi NCR first mainly the Khushkhera-Bhiwadi-Neemrana as this place is most attracting to setup the new plants for production.