First phase of AURIC to be operational by year end: Devendra Fadnavis

first_imgAurangabad: The first smart industrial city under the Delhi-Mumbai Industrial Corridor (DMIC) will become operational at Aurangabad by this year-end, and it would be a model for all such parks coming up in the country, Chief Minister Devendra Fadnavis said here.He was speaking at the ground breaking ceremony of the Bidkin section of the Aurangabad Industrial City (AURIC) project, one of the eight nodes of the ambitious DMIC project.“DMIC’s first industrial city will be operational by December 2018 and we are creating world class infrastructure here before inviting industries,” he said.AURIC is a greenfield smart industrial city being developed across nearly 7,900 acres as part of Shendra Bidkin Industrial Area. It is collectively a part of the Delhi Mumbai Industrial Corridor (DMIC).“As part of the DMIC, various smart industrial cities are being established in different states. However, the Shendra Bidkin Industrial Area is ahead of others in this corridor,” the Chief Minister said.While the State government has invested ₹3,000 crore in acquisition of land, the Centre government is contributing ₹8,000 crore for infrastructure development for the industry to plug in and play.About 35 small industries have been allotted land at Shendra and the biggest investor, with ₹4,000 crore, is Hyosung Corporation of South Korea which has taken up 100 acres to set up a textile chemicals manufacturing unit at Shendra.“In the first phase Hyosung will invest ₹1,200 crore to ₹1,500 crore. Besides, several ancillary units too will come along with it. We are happy with the progress. We are talking to more big industries to set up operations here,” Sunil Porwal, additional chief secretary, Industries, told The Hindu.He said over ₹60,000 crore investment will be made by the industry in both sections of AURIC which is expected to give direct employment to 30,000 to 40,000 people, which is the government’s main agenda. State government officials said AURIC implemented by Aurangabad Industrial Township Ltd which is a 49:51 joint venture between the DMIC Development Corporation and MIDC, is far ahead than other nodes in the country.last_img

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