Unprecedented opportunities for industries and businesses
AURIC is India’s well- planned and greenfield smart industrial city being developed across an area of 10,000 acres in Maharashtra State, as part of the Delhi-Mumbai Industrial Corridor (DMIC). The multi-billion dollar DMIC is the largest infrastructure and economic development program in the country’s history. Strategically located at Shendra and Bidkin near Aurangabad, an existing urban and industrial hub in the State, AURIC will tap into the huge potential for industrial advancement within the region.
Besides a rail and highway network that connects the new city to major cities in India, AURIC is only 10 minutes away from the Aurangabad International Airport and provides direct flight connections to key hubs at Mumbai and Delhi and other destinations. The Jawaharlal Nehru Port Trust’s proposed dry port and container terminal at Jalna is only 40 kilometers away.This will give industries at AURIC an easy access to India’s largest sea port of the country – the JNPT.
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As AURIC drives the expansion of Aurangabad as a major manufacturing hub, it will attract a highly skilled workforce and generate over 150,000 jobs as direct employment– fueling tremendous economic growth and a thriving, vibrant community to live, work and play.The development is expected to house over 300,000 people including industrial workers and their families.
Led by the values of resource efficiency and high-quality infrastructure provision, AURIC will be the face of a new era of growth and prosperity driven through the launch of technologically innovative projects in India.
AURIC will offer high-value, sustainable infrastructure that will support long-term economic vitality, a high quality of life, and a knowledge-based ecosystem with breakthrough innovation and efficiency.
To implement this vision, state-of-the-art smart technology will be employed, infrastructure will focus on clean, reusable, and recycling methodologies, and industrial growth will be encouraged in targeted areas to build upon the industrial success of the region.
AURIC will be a breakthrough in Maharashtra’s continuous endeavor at extraordinary industrial development. As the city comes alive, come – become a part of this vision to create a bustling new vibrant community to live, work, and play.
AURIC is promoted by Aurangabad Industrial Township Ltd (AITL) – a Special Purpose Vehicle between between Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC), an agency of Government of India and Maharashtra Industrial Development Corporation (MIDC), and a nodal agency of Government of Maharashtra for industrial development. These two robust pillars have established Aurangabad Industrial Township Ltd (AITL) to develop and manage the new integrated industrial township as one of the four DMIC nodes in Maharashtra.
MIDC has 51% stake followed by 49% from DMIC Trust in AITL. There are four shareholders from Government of Maharashtra and three shareholders from Government of India. A shareholder agreement signed between the two governments was assisted by a State Support Agreement. Subsequent to this shareholders agreement a SPV – Aurangabad Industrial Township Limited was incorporated on 12-12-2014. The Board of Directors consists of three directors from the State Government: 1) Principal Secretary – Industries, Government of Maharashtra, 2) Chief Executive Officer, MIDC, and, 3) Joint Chief Executive Officer, MIDC; and three directors from the Delhi Mumbai Industrial Development Corporation (DMICDC): 1) CEO, DMICDC, 2) VP DMICDC, 3) Chief Financial Officer, DMICDC. The Board is chaired by the Principal Secretary, Industries, Government of Maharashtra.
AITL has the status of a Special Planning Authority (SPA) to oversee the development of AURIC and has appointed CH2M HILL as ‘Programme Manager for New Cities’ for implementation of this project.
Delhi Mumbai Industrial Corridor is conceived to be developed as a Model Industrial Corridor of international standards with emphasis on expanding the manufacturing and services base and develop the region as the ‘Global Manufacturing and Trading Hub’. The backbone of the DMIC is the proposed 1,500 km Dedicated Freight Corridor between Delhi and Mumbai. The DMIC programme aims to develop new industrial cities as “Smart Cities” on identified key nodes in the six states along the corridor (Uttar Pradesh, Haryana, Rajasthan, Gujarat, Madhya Pradesh, and Maharashtra) and converging next generation technologies across infrastructure sectors. It will provide a major impetus to planned urbanization in India with manufacturing as the key driver. In addition to new Industrial Cities, the programme envisages development of infrastructure linkages like power plants, assured water supply, high capacity transportation and logistics facilities as well as softer interventions like skill development programme for employment of the local populace. In the first phase seven new industrial cities are being developed. The programme has been conceptualized in partnership and collaboration with Government of Japan.
The Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) acts as an intermediary for the purpose of development and establishment of infrastructure projects and facilities in India through developing and disseminating appropriate financial instruments, negotiating loans and advances of all nature, and formulating schemes for mobilization of resources and extension of credit for infrastructure. The Organisation undertakes project development services for investment regions / industrial areas/ economic regions/ industrial nodes and townships, for various central government agencies and also helps in assisting state governments. The Organization acts as an intermediary for establishing infrastructure projects and facilities through developing and disseminating appropriate financial instruments, negotiating loans and advances, and formulating schemes for mobilization of resources and extension of credit for infrastructure. The shareholders of DMICDC include five agencies in all: Government of India represented through Department of Industrial Policy & Promotion, Ministry of Commerce & Industry (49.0%), Japan Bank for International Cooperation (JBIC) (26.0%), Housing and Urban Development Corporation Limited (HUDCO) (19.9%), India Infrastructure Finance Company Limited (IIFCL) (4.1%) and Life Insurance Corporation of India (LIC) (1.0%)
Maharashtra Industrial Development Corporation (MIDC) is the industrial development arm of the Government of Maharashtra, responsible for creating state of the art infrastructure for industrial development in each district of the State and assisting entrepreneurs in setting up industrial units in its industrial areas. Founded in 1962, to provide prosperity to all through industrialization, the growth trajectory of MIDC has been remarkable. Within a span of five decades MIDC has become the premier industrial infrastructure development agency in India, a powerful engine of progress with a trailblazing record and, above all, the pride of Maharashtra.
A host of path-breaking initiatives and decisions taken by MIDC in the early days dramatically changed the socioeconomic fiber of the state. One of its most crucial strategy was the development of carefully planned network of industries in the interiors of Maharashtra resulting in decentralization and the overall growth of the state. The agency’s decision in setting up ‘independent filtered, potable water supply system of adequate capacity’ as essential infrastructure for industrial development proved most rewarding. MIDC built plots in industrial areas replete with a critical infrastructure and amenities such as continuous water supply, wide well planned roads network in the industrial areas, underground power lines, establishing Common Facility Centers by providing accommodations for bank, post office, telecom facilities, police station, fire station, medical facilities, eating houses, effluent collection and disposal systems for chemical zones and other useful facilities.
- Acquired more than 84,000 ha land and has set up 264 full-fledged industrial estates
- The industrial clusters include textile, automotive, pharmaceuticals, food processing, wine parks, agro based products, engineering, chemical, electronics, IT and ITES apart from 32 IT parks, 3 Floriculture parks, 8 Food parks, 7 Textile park and 3 Wine parks
- Around 30 fire stations, 20 CETPs, 4 STPs, 6 CHWTSDF, 13 chemical and 13 SEZs are operational in MIDC industrial areas
- MIDC provides one stop solution to investors needs such as online application submission and processing, tracking and online approvals of various industrial permissions.
- With installed capacity of 2,045 million liters per day, MIDC provides assured water supply to all its industrial areas.
- Experience of building and maintaining eight airports in the State.
AURIC, the new smart city near Aurangabad, envisions itself as a gateway to new and golden opportunities. AURIC is the acronym for Aurangabad Industrial City. The root word ‘aura’ means gold in Latin. The name blends the industrial and residential vision of the city with the goal of creating prosperity for all stakeholders including investors, industry and residents.
The AURIC logo has been inspired by the gates of the fortresses at Shivneri and Sinhagad in Maharashtra. Historically, Aurangabad was ‘the city of gates’. The new smart city is the very embodiment of this idea. As the first of its kind, it is the door to a smart city that, at its core, is about opportunity, openness, efficiency and creating new benchmarks for investors, industrialists and residents. This city, both literally and metaphorically, is the door to a new paradise of infinite possibilities.
Aurangabad has always been Maharashtra’s “gateway” to tourism from across the globe. With numerous heritage delights to stories of monarchies and forts undefeated, the city’s architecture and elaborate art work is awe inspiring. The City is close to two UNESCO World Heritage Sites – Ajanta, and Ellora. Ajanta, known for its narrative murals and paintings, dates back to 2nd century to 6th century BCE. Ellora, one of the most fascinating archaeological sites in Maharashtra, dates back to over 1,500 years ago, is the epitome of Indian rock-cut architecture. These monuments are counted in some of the earliest and most elaborate Buddhist, Jain and Hindu artwork. The historic City of Aurangabad itself was established in year 1610 showcases numerous architectural wonders such as the Bibi ka Maqbara and Panchakki. These enriching stories from yester year bind the soul of today shaping a unique culture and lifestyle and offering discerning tourists a wide gamut of hospitality.