Bhopal, May 13: Chief Secretary Rakesh Sahni will head the empowered committee being constituted by the state government to oversee development of industrial corridor at a cost of Rs 40,000 crore in western Madhya Pradesh as part of the Delhi-Mumbai corridor.
M P Trade and Investment Facilitation Corporation will be the nodal agency for the implementation of the corridor under which facilities for setting up industries upto 150 Km on both sides and transportation of both raw and finished products would be developed.
A high-level meeting presided over by Chief Minister Shivraj Singh Chouhan here yeserday sanctioned Rs 1 crore for initial preparations of the project, official sources said.
Under the project, industrial estates will be developed on Pithampur-Dhar-Mhow, Dewas-Shajapur, Ratlam-Nagda and Neemuch-Nayagaon sectors. Besides construction of Indore-ChhottaUdepur-Pratapnagar, Neemuch-Ratlam broadguage, Dahod-Indore and Dewas-Maksi railway lines, widening of Jaora-Maksi road, development of Sarangpur-Akodia-Shujalpur-Ashta-Kannod road, and four-laning of Dewas-Sehore-Bhopal road and Indore-Nashik road were proposed.
Development of knowledge city near Dewas, logistic hub between Indore and Dewas and diamond park at Indore are also proposed.
The 1483 KM corridor between Dadri(Delhi) and Jawaharlal Nehru port in Mumbai will cover Uttar Pradesh, Haryana, Rajasthan, Madhya Pradesh, Gujarat and Maharashtra. A total of Rs 3,60,000 crore were estimated to be spent on this ten-year project. Japanese government will provide an assistance of Rs 2,42,000 crore for this project, the sources added.