Smart City Dholera: Early-bird incentives for investors

Gujarat’s upcoming Smart City Dholera has invited corporates in aviation, defense, electronics, pharmaceuticals, textiles, heavy engineering to set up their base there.

It is also providing incentives, heavy discounts on land prices, financial grants and waivers to compnaies who will grab this opportunity early.

Dholera is the biggest upcoming greenfield city in India under the Delhi-Mumbai Industrial Corridor (DMIC) project.

It is one of the eight industrial Smart Cities being developed in the first phase of the $100 billion DMIC project.

The Dholera Industrial City Development Limited (DICDL), the SPV formed by the DMIC Trust and Government of Gujarat has already committed $600 million to it.

The city’s infrastructure will be ready by September 2019.

The city is offering plots ranging from five hectares to 100 hectares.

DICDL has set up a transparent e-Land allotment system to provide ease of doing business to the investors.

There are also plans to develop a greenfield international airport. It will also help handle the increasing traffic from the nearby cities of Vadodara, Rajkot, Bhavnagar, Nadiad and Anand.

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