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Source bywww.livemint.com/

Ahmedabad: After a delay of several years, Dholera, projected as India’s first planned industrial city and a part of the ambitious multi-billion dollar Delhi Mumbai Industrial Corridor (DMIC), is ready to draw investors. Plans for a ₹ 7,000 crore high-speed metro rail network are being worked out.

“We are in take-off mode. We are ready to allot land for industrial projects and are in talks with multiple companies keen to invest here. They are finalising plans and it’s only a matter of days or perhaps weeks before some major announcements are made in this direction,” according to Jai Prakash Shivhare, managing director of Dholera Industrial City Development Limited (DICDL).

French aerospace and defence firm Airbus group and Baba Kalyani group have committed to invest in Dholera, but will do so only after receiving orders from government, Shivhare said during a recent media interaction.

As many as 5,000 workers are seen readying infrastructure work of about Rs.3000 crore at the site for the first phase, which is likely to be ready by September. In the upcoming Vibrant Gujarat summit later this month, pacts between the Gujarat government and private companies for setting up industries in Dholera are expected to be announced.