Reliance Industries Limited has signed an agreement to build India’s largest industrial infrastructure project, BBC Online reports Tuesday.
The 8 billion US dollar (46,5 milliarder DKR) special economic zone will cover over 10.000 hectares near Delhi, in the northern state of Haryana. It will include a cargo airport, a large power station, homes, shopping malls and sports facilities.
Reliance, one of Indias top companies, will provide 5 billion dollar. Its chairman says the zone will compete with top Asian hubs in China, Indonesia and Malaysia.
Critics say the land has been acquired by depriving thousands of poor farmers of their homes and livelihoods.
