FM may substantially raise allocation for speedier implementation of mega industrial zones; measures also on anvil for early setting up of National Industrial Corridor Development Authority (NICDA)
Japan will soon have a stake in the most ambitious industrial infrastructure project underway in India. The commerce ministry has proposed to give Japan 26% stake in the company developing the corridor, where at least USD 90 billion is likely to be pumped in by domestic and overseas companies, reports Rituparna Bhuyan of CNBC-TV18.