The ‘world’s largest megaproject’ that will see 8 new cities built from scratch for £77bn | World | News
India is pushing ahead with one of the world’s largest infrastructure projects that will cost a staggering £77 billion.
The Delhi-Mumbai Industrial Corridor (DMIC) will see the creation of eight new cities built from scratch between Delhi and Mumbai.
The goal is to improve India’s industrial capacity, boost trade, and create millions of jobs by linking industrial hubs along the 932-mile (1,500 km) corridor.
The DMIC project is a joint venture between India and Japan designed to improve the former’s manufacturing sector and the transport of goods.
One of the main projects is the Dholera Special Investment Region in Gujarat, which is expected to be a key manufacturing centre.
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Other important industrial areas include Shendra-Bidkin in Maharashtra and the Dighi Port area, which will improve connections to India’s western ports.
Although the DMIC was first announced in 2007 progress has been slow with challenges such as land acquisition and delays in securing funding.
However, the project remains a priority for India’s long-term development strategy.
The first phase, which is currently underway, includes building roads, airports, and railways to support the new cities and their industrial zones.
By improving infrastructure, the DMIC aims to make India more competitive in global trade.
The corridor will also feature renewable energy projects like solar plants, in line with India’s commitment to sustainable growth.
The DMIC is being developed in stages, with full completion expected by 2040.