Know about India's newest Smart City "AURIC"

AURIC will tap into the huge Potential for Industrial advancement within the region.

Mumbai: The Delhi-Mumbai Industrial Corridor (DIMc) is the central government's ambitious project which has been inaugurated by PM Narendra Modi along with Maharastra CM Devendra Fadanvis.

Aurangabad Industrial City (AURIC) is one of India's most well-planned, Greenfield & smart Industrial cities which is being developed over an area of 10,000 acres in Maharastra, as part of the Delhi- Mumbai Industrial Corridor (DMIC).

Strategically located at Shendra and Bidkin near Aurangabad, it is an existing urban and industrial hub in the state. AURIC will tap into the huge Potential for Industrial advancement within the region.

AURIC's development and implementation is being undertaken by Aurangabad Industrial Township Limited (AITl), a special purpose vehicle (SPV) between Maharastra Industrial Development Corporation (MIDC) and Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC).

AURIC will be used with a focus on Infrastructure that is clean, reusable, recyclable and industrial growth will be encouraged.

The Industrial area will give strong support for export-oriented businesses.

In the first phase, eight new cities are being created with an estimated investment of US$ 100 billion.

Also, a high-tech Industrial zone is planned which spreads across six states.

The new integrated Industrial township will be a combination of office spaces, residents, hotels, hospitals, schools, parks etc. 60% of the total land has been utilized for industrial purposes, while 40% is for residential, commercial purposes.