The aim is to develop the Delhi Mumbai Industrial Corridor (DMIC) as a “Global Manufacturing and Trading Hub”, featuring 24 industrial regions, 8 smart cities, 5 power projects, 2 airports, 2 Mass Rapid Transportation Systems (MRTS) and 2 logistics hubs. With an estimated investment of US$100 billion, the project is expected to fuel India’s economic growth for the next 20-30 years, facilitating businesses and providing cheap, fast and efficient transportation to ports and the rest of the nation. Phase I (8 of the 24 investment regions) is estimated to be completed by 2019.
The Hyderabad Metro Rail (HMR) is a 72km-long light rail system, with over Rs 15,000 crore in capital investment and the largest project under Public Private Partnership (PPP) in the country. The project’s first phase is expected to be operational next month.