The Delhi Mumbai Industrial Corridor (DMIC) which is being jointly developed by India and Japan will also see the development of 24 Green Cities.The ambitious infrastructure project being built with $50-90 Billion will see a freight/railway/road transport corridor between India’s 2 most important cities of Delhi and Mumbai.The resulting development along this transport corridor which will be passing through 6 states will make use of Green Technologies.Japanese Conglomerates like Hitachi,Toshiba,Mitsubishi will be involved in the building of this massive projects and will use their advanced energy efficient technologies to develop these Green Cities.
The Green Cities will incorporate design and technology involving water/wast management,energy efficiency and storage,renewable energy,green transport and green buildings.The trading and manufacturing hub DMIC will be the cornerstone of Indian and Japanese collaboration.Note ties with Japan are improving with signing of trade pacts and agreement on the nuclear energy area.China and Japan are increasingly heading towards confrontation on a number of issues .It would make sense for Japan to geopolitically diversify its investment with India offering a lucrative option with its large and growing market.
Buoyed by a landmark free trade pact and the launch of nuclear negotiations, India and Japan are set to scale a new frontier in bilateral ties by launching 24 green cities in the proposed Delhi-Mumbai Industrial Corridor (DMIC).
‘Japan and India are planning to set up 24 green cities in the DMIC area,’ Aftab Seth, a former Indian ambassador to Japan and a driving force behind the green initiative, told IANS.