Investment in DMIC is stand still since last two Lockdowns

Aurangabad, 15 May. Due to two consecutive lockdowns since last year, the investments in the Delhi-Mumbai Industrial Corridor (DMIC) have stalled. The process of allotment of plots to the industries in this industrial estate has been going on for the last three-four years. However, the industries department has been facing many diculties in arketing the project in order to ensure adequate investment.
Till date, 10-12 industries have started production in the Shendra phase including Hyosung and Perkins. Recently, plots have been allotted to 61 industries, Novoliptesk Steel and Fuji SilverTech. The Bidkin industrial phase, on the other hand, has seen a lot of infrastructure work done, but there is no anchor project yet. The board of directors of Aurangabad Industrial Township Limited (AITL) approved the construction of a food park in the Bidkin industrial belt ve months ago. This was followed by the process of inviting food processing industries from the country and abroad. In the meantime, the process has stalled again as corona infection have been on the rise. The lockdown has made it dicult to market investments in DMIC, said Sanjay Katkar, joint managing director, AITL. The MIDC also approved the proposal to provide connectivity to Samruddhi expressway near Shendra industrial estate to DMIC. Accordingly, a fund of about Rs 41 crore was transferred to MSRDC.