What are the top 5 mega projects of India in the future?
Below we list out some of the major infrastructure projects which are on fast track and is scheduled to be completed by 2019 and 2020.
1. Delhi-Mumbai Industrial Corridor (DMIC)
Delhi-Mumbai Industrial Corridor is a mega infra-structure project of more than USD 90 billion with the financial & technical aids from Japan, covering an overall length of 1483 KMs between the political capital and the business capital of India, i.e. Delhi and Mumbai.
Being pegged as the world’s biggest infrastructure project with an estimated investment of $90 billion, the DMIC will give much-needed push to the to the realty market in the country, and a leg-up to the government’s ‘Make in India’ campaign. It is being estimated that the project will bring about a positive change in the lives of as many as 180 million people, which is 14 per cent of the population.
2. Amravati, Andra Pradesh
Amravati the capital city of Andhra pradesh is very well-Planned city. It is growing and developing in various sectors. Many Infrastructure facilities are grabbing the entire city to make it worthy for people to live. It is situated on the southern bank of river Krishna, which belongs to Krishna district. The foundation stone for Amaravathi was laid by none other than the Prime Minister of India Narendra Modi.
Andhra Pradesh Chief Minister Chandrababu Naidu leaving no stone to promote a strong and independent identity by maintaining a reasonable distance from the existing growth centres, More than 40% of the green areas and the blue areas in the seed capital sprawl over 50% of the Seed Capital, are conserved by the Seed Capital
3. GIFT City, Gujarat
Gujarat International Finance Tec-City (GIFT) called as smart city, plans to function as a global Financial hub and a business district.
The International Financial Services Centre at Gujarat International Financial Tec-City near Ahmedabad is Prime Minister Narendra Modi’s idea to create a finance hub like Singapore or Hong Kong in his home state.
GIFT has an advantage of being built near river on one side and a national highway on other. It is also situated between Gujarat’s political capital of Gandhinagar and its business hub of Ahmedabad, with a large international airport.
It is being designed at par with global centres such as Shinjuku, Tokyo, Lujiazui, Shanghai, La Defense, Paris, London Dockyards etc.
4. Sagarmala & Bharatmala Project
The Sagarmala project was formally rolled out by the modi government – its strategic investment initiative targeted towards improving port connectivity, port mechanisation and modernisation at a total investment of Rs 5 lakh crore over a period of five to ten years. Establishing coastal industrial clusters around developed ports and the development of six new mega ports are also part of the programme.
Thus, Sagarmala focuses on various aspects of marine and land infrastructure development to achieve the targeted economic goals. Meanwhile, the Bharatmala Pariyojana, another flagship programme, is targeted towards enhancement of road connectivity across the country. It received Cabinet Committee on Economic Affairs (CCEA) approval in October 2017 for a capital outlay of Rs 5.35 lakh crore in Phase-I, of which Rs 20,000 crore will be utilised for the development of roads around ports.
Under Sagarmala, over 2,100 km of coastal roads have been identified to be built along the coastline, which would improve the connectivity of Indian ports to business and trade hubs.
Thus, Bharatmala, by virtue of its focus on road development connecting Indian ports, will complement the progress being made under the Sagarmala programme to date and allow it to focus more on other aspects of port infrastructure development.
5. Mumbai–Ahmedabad high-speed rail corridor
The Mumbai–Ahmedabad high-speed rail corridor is an under-construction high-speed rail line connecting the cities of Ahmedabad, Gujarat, and India’s economic hub Mumbai, Maharashtra. It will be India’s first high-speed rail line.
Most of the corridor will be elevated, except for a 21 km underground tunnel between Thane and Virar, of which 7 km will be undersea. The undersea tunnel was chosen to avoid damaging the thick vegetation present in the area. The corridor will begin at the underground station in the Bandra-Kurla Complex in Mumbai, and then traverse 21 km underground before emerging above ground at Thane.
Construction of the corridor was began by August 2018 by acquiring land for Sabarmati terminus, and the first high speed train is scheduled to leave for its first run on 15 August 2022. The corridor will use Japan Railways Shinkansen E5 Series Electric multiple unit for it’s rolling.