Infrastructural work will be carried out at Knowledge City. It has received approval from the Cabinet Committee on Economic Affairs (CCEA).
The state government of Madhya Pradesh will float the necessary tenders for this project. The entire cost is estimated to be Rs 290 crore. It is located about 15 km away from Ujjain and 17 km from Dewas, near Narwar village, in Ujjain district.
The site for the proposed Vikram Udyogpuri has a total area of 442.79 ha. It is projected to generate direct and indirect revenue of Rs 1,20,600 crore by 2040, and employment of 78,000 (direct and indirect) by 2040.
After completion of this infrastructural work, it is expected to attract private sector investments of about Rs 13,000 crore.
More Project Info:
Vikram Udyog Nagari (Ujjain) Project