Government of India has envisaged the development of Delhi Mumbai Industrial Corridor (DMIC) along the alignment of proposed Multi-modal High Axle Load Dedicated Freight Corridor between Delhi and Mumbai, covering an overall length of 1,504 km. The goals of the Delhi-Mumbai Industrial Corridor (DMIC) are to strengthen the Indian economy by creating state-of-the-art, world class infrastructure and facilities to stimulate a globally competitive environment that activates local commerce, enhances foreign investments and promotes sustainable development. The overarching economic goals for DMIC are to double employment, triple industrial output and quadruple exports in five years. Further, Delhi Mumbai Industrial Corridor Development Corporation Limited, a special purpose company was incorporated to establish, promote and facilitate development of Delhi Mumbai Industrial Corridor Project.