21 October 2016

News Experts

DMICDC’s Vikram Udyogpuri to Take the Spotlight at MP Global Investment Summit

BHOPAL: As Madhya Pradesh gears up to host the Global Investors Summit (GIS) from Saturday, one of the most promising infrastructure projects showcased will be the Vikram Udyogpuri Industrial Township, a greenfield industrial city along the Delhi Mumbai Industrial Corridor (DMIC) located within a region that is pegged to have an investment potential of up to USD 7 billion.

The Pithampur-Dhar-Mhow Investment Region in MP is one of eight nodes being developed in Phase I of the DMIC project which covers six other states. The Vikram Udyogpuri Industrial Township coming up over 442 hectares of land around 10 km from Ujjain on NH 18, is already on the fast track with construction work on trunk infrastructure in full swing.

The Special Purpose Vehicle has been incorporated between the central and state governments, for the implementation of the project, and contract worth Rs 332 crore awarded to SPML for the development of various trunk infrastructure components.

This infrastructure has been planned so that all the utilities such as storm water drainage, power, ICT networks, domestic-use gas and sewerage will be laid out below the ground. There is also sufficient provisioning of empty conduits to avoid any digging up of roads in the future.

The township is designed with 40% industrial space targeting manufacturers from sectors such as Agro Food Processing, Electronic Systems, Biotechnology, Electrical Machinery, IT, Renewable Energy, Textiles & Garments and Automobile and Auto Components.

The remainder of the area will be utilised for residential and commercial areas, roads and open spaces, with an autonomous governance system for the township and administrative and other citizen services delivered using state-of-the-art IT networks.

“We are very happy with the progress we are making on the Vikram Udyogpuri project on ground. It will be one of the model smart city projects of the DMIC and the investment potential in this region are massive,” said Alkesh Sharma, the CEO and Managing Director of DMIC Development Corporation.

The Pithampur-Dhar-Mhow investment region is also located with easy accessibility to the state capital Bhopal and the commercial capital Indore, which is hosting the Global Investors Summit on October 22 and 23, 2016.

Another “early bird” project within this investment node is the improvement of the water supply system for the existing Pithampur Industrial Area. It is designed to provide 90 MLD water from the Narmada Kshripra Simhastha Link to meet the future water requirements of a large industrial zone.

The Engineering, Procurement and Construction (EPC) package for the water supply improvement package has been awarded to L&T at Rs 219 crore and work is expected to begin on it soon.