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Industrial corridor report ready

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The first portion will be from Chennai to Ranipet

The Detailed Project Report (DPR) for the first portion of the Chennai-Bangalore Industrial Corridor (CBIC) from Chennai to Ranipet is ready while it is under preparation for the rest of the corridor, said Industries Secretary Sundaradevan on Tuesday.

Delivering the special address at a conference on ‘Industrial corridors in the southern region,' organised by the Confederation of Indian Industry, he said that they were planning the CBIC along the traditional route instead of the route mooted by the Centre.

The CBIC would pass through Chennai-Ranipet-Hosur-Bangalore. The route suggested by the Centre was along National Highways 4, 7 and 46, linking Chennai and Bangalore through Nellore and Chitradurga. Besides, the State had drawn up plans to develop the Madurai-Tuticorin-Tirunelveli corridor and the Coimbatore-Salem corridor. As location played an important role in the setting up of industries, the government would focus on the industrialisation of southern districts with world-class infrastructure facilities to attract global investors and to encourage dispersal of industries.

T.T. Ashok, Chairman, CII Southern Region, said industrial corridors were proposed along Chennai-Bangalore-Hyderabad, Chennai-Hyderabad, Kochi-Coimbatore-Bangalore and North-South in Kerala, for the development of manufacturing and service industries.

The focus in Tamil Nadu could be automobiles and auto ancillaries; aerospace in Bangalore; biotechnology, pharmaceuticals and petrochemicals in Hyderabad.

Huge investments had to be made in road and rail network and for power generation. The investment model has to tackle problems such as funding, land acquisition, rehabilitation of the affected people and expertise of large project management, he said. C. Jayaraman, Director- Projects, Bangalore Airport Rail Link Ltd, said the proposed CBIC should be extended to Mumbai for the benefit of less developed districts in the State. CBIC would link 10 to 12 districts in Tamil Nadu, four in Andhra Pradesh and 17 in Karnataka and it had the capability to trigger production and create employment.

S. Chandrasekhar, Chairman, CII - Karnataka State Council, said an industrial corridor from Bangalore to Mumbai could be developed along the Dhabol –Bangalore gas pipe line of the Gas Authority of India.

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Printable version | Dec 11, 2019 2:19:34 PM | https://www.thehindu.com/business/industrial-corridor-report-ready/article2414419.ece

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