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DMIC

USD 90 billion, 300 km x 1500 km
A large swathe of land in India, measuring about 300 km. in width and 1500 km. In length, is being developed as Delhi Mumbai Industrial Corridor (DMIC), by the Government of India, with support from the Japanese government. The estimated primary budget of USD 90 billion will be utilized in the period 2008 to 2012 in a Public Private Partnership mode. This will be the largest ever project undertaken in India.

4th most populous, larger than UK, 12% p.a.
It will pass through 6 Indian states - one of which has so large a population that only 3 countries - China, USA, Indonesia are more populous than it, the other has an area larger than the United Kingdom, and the third has a state GDP growth of 12% per annum.

Huge opportunities
".We are discussing some very big flagship bilateral projects such as the Delhi-Mumbai Industrial Corridor and the Rail Freight Corridors. These projects will open up huge opportunities."
Dr. Manmohan Singh, Prime Minister of India, in an address to a visiting Japanese Business Delegation in August 2007.

Private & government sectors
".This (DMIC) will include cooperation in development of . sea ports on the west coast and industrial estates and Special Economic Zones with high quality physical and social infrastructure, and other initiatives, through collaboration between private and governmental sectors of the two countries, with the objective of developing the requisite infrastructure and facilitating investment. The two governments will further discuss how to facilitate its development, including the formulation of a master plan."
Joint Statement by Prime Ministers of Japan and India in Tokyo in December 2006.

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