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Dholera Special Investment Region

Coordinates: 22°12′47″N 72°13′06″E / 22.213099°N 72.218230°E / 22.213099; 72.218230
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Dholera Special Investment Region
DSIR
Dholera Special Investment Region is located in Gujarat
Dholera Special Investment Region
Dholera Special Investment Region
Location in Gujarat, India
India India
StateGujarat
CityAhmedabad
Founded byGovernment of Gujarat
Government
 • Key PeopleChief Minister of Gujarat
Dr. Rajiv Kumar Gupta IAS (chairman)
Hareet Shukla IAS (Managing Director)
Area
 • Total920 km2 (360 sq mi)
Time zoneUTC+5:30 (IST)
Websitedicdl.gujarat.gov.in

Dholera Special Investment Region (DSIR) is a Greenfield industrial planned city in Gujarat's Ahmedabad district, around 100 kilometers to the south-west.[1][2]

A legal framework known as the Special Investment Region Act 2009 was made by the Government of Gujarat. A regional development authority for DSIR has been constituted in accordance with the act.[3]

The Dholera Special Investment Region Development Authority (DSIRDA) would be in charge of managing government land within DSIR in addition to planning and developing DSIR. The Central Government (NICDC Trust) and the State Government (DSIRDA) of Gujarat have formed an SPV called Dholera Industrial City Development Limited (DICDL) to carry out the project.[4]

A special purpose business called the National Industrial Corridor Development Corporation Limited (NICDC) was founded in order to create, support, and facilitate the development of the DMIC Project.[5]

History

In 2013, The project was announced by Sri Narendra Modi when he was the Chief Minister of Gujarat.[6]

In 2019, a regional development authority 'Dholera Special Investment Region Development Authority (DSIRDA)' has been established under Special Investment Region Act 2009, India. DSIRDA is responsible for planning and development of DSIR and maintain the function of administering government land.[7]

DICDL

On January 28, 2016, the governments of India and Gujarat established a Special Purpose Vehicle (SPV) called "Dholera Industrial City Development Ltd." (DICDL) for the development of the Dholera SIR. The Gujarati government owns 51% of the SPV through DSIRDA, and the Indian government owns 49% through DMIC Trust.[8][9]

The DMIC Trust initially issued cash to DICDL in exchange for equity contributions for activities in the Activation Area. Through DSIRDA, the Gujarati government is contributing equity in the form of land that is given to SPV DICDL. The infrastructure project for the activation trunk has already received approval from the National Industrial Development & Implementation Trust (NICDIT).[10]

Projects

See also

References

  1. ^ "Gujarat ACS Rajiv Gupta leads push to promote Dholera special investment region | Ahmedabad News - Times of India". The Times of India.
  2. ^ "Deputy Deputy CM Nitin Patel says the Dholera Special Investment Region will be bigger than Singapore". The Indian Express. 31 March 2021.
  3. ^ "Explained: What is the Dholera Special Investment Region, why is it significant?". The Indian Express. 30 July 2019.
  4. ^ "NICDC - THE VISION AND PLAN" (PDF). dpiit.gov.in.
  5. ^ "Industrial Corridor Projects". pib.gov.in.
  6. ^ Pathak, Maulik (9 January 2019). "India's first industrial city at Dholera takes shape as firms line up investments". mint.
  7. ^ Seth, Dilasha. "Smart cities: Gujarat's Dholera zone sets pace for the flagship programme in new year". The Economic Times.
  8. ^ "Dholera Industrial City Development Ltd". dholera.gujarat.gov.in.
  9. ^ "Dholera Industrial City Development Limited Information - Dholera Industrial City Development Limited Company Profile, Dholera Industrial City Development Limited News on The Economic Times". The Economic Times.
  10. ^ "DICDL invites domestic, global firms to set up biz in Dholera". Business Standard India. Press Trust of India. 13 October 2017.
  11. ^ "300 MW Solar Plant in Dholera, Gujarat". Tata Power.
  12. ^ "Ahmedabad–Dholera Expressway gets green signal, Tenders issued". The Times of India. 1 January 2019.
  13. ^ "DMIC:Bhimnath-Dholera rail line,Dahej water projects approved". DeshGujarat. 12 September 2013.
  14. ^ "Dholera airport work to take off in Q3 of FY'16". The Times of India. 25 June 2015. Retrieved 25 June 2015.