Background
The Government of India is developing the Delhi Mumbai Industrial Corridor (DMIC) Project, as a global manufacturing and investment destination by utilising the high capacity 1,504 km long Western Dedicated Freight Corridor (WDFC) as the backbone.
The DMIC project is being implemented jointly by the Government of India and the respective State Governments. Investment Regions/ Industrial Areas have been identified for development, across six states namely Gujarat, Haryana, Madhya Pradesh, Maharashtra, Rajasthan and Uttar Pradesh.
A node / city level SPV has been formed as a joint venture between Government of India (Gol) and Government of Maharashtra (GoM) under the name "Aurangabad Industrial Township Limited (AITL)". The share of Gol through DMIC Trust is 49% and the remaining 51% is held by GoM through Maharashtra Industrial Development Corporation (MIDC). MIDC has notified 101 sq km of area for industrial development under SBIA.
The master plan of Shendra Bidkin Industrial Area (SBIA) comprises two parts viz. Part-l and Part-ll. The Part-l consists of total area of 40.18 sq km, which is further divided into two parts, viz. Phase-l and Phase-ll. Phase-l covers an area of 8.39 sq km located north of Jalna Road adjoining existing MIDC Shendra Industrial Park and was approved by Cabinet Committee on Economic Affairs (CCEA) in its meeting held on May 30, 2015. The contracting agencies have already mobilized resources and material at site and the works are at different stages of implementation.
Phase-ll of Part-l namely the Bidkin Region, which includes the remaining area of 31.79 sq km located near Bidkin for which the development works of various trunk infrastructure components are to be taken up.
Development of the Part-ll of SBIA consisting of total area of 43.99 sq km will be taken up at a later stage depending on the land made available by the State Government. In accordance with the institutional and financial structure approved by the Government of India for DMIC projects, the project will be implemented through Aurangabad Industrial Township Limited (AITL), SPV constituted as Joint Venture between DMIC Project Implementation Trust Fund (DMIC Trust) and MIDC.
DMIC Trust has already released its share of equity of Rs. 602.80 crore in the company towards development of 8.39 sq km in Phase I of Part I of Shendra Bidkin Industrial Area.
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