The $100-billion Delhi Mumbai Industrial Corridor will kick off land allotments next month. Global investors like Ikea, Kia Motors and China Railway Construction Corp are eyeing acquisitions, reports Economic Times.
The project was approved by the Cabinet in 2011. The land will be fully developed with world-class infrastructure, to attract investors ready to pay a premium for clean titles in four brand new industrial cities being developed as part of the project.
The Delhi Mumbai Industrial Corridor Development Corp. (DMICDC) received queries about available land and assurances of litigation-free land, said the source quoted in the news item.