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Plans for Visakhapatnam-Chennai Industrial Corridor being formulated

 

The 2nd meeting of Council of Trade Development and Promotion (CTDP) was held in New Delhi on January 5, 2017. The Commerce and Industry Ministers of eight states, who are Members of the Council, representatives of other 16 states and heads of trade bodies like FIEO/FICCI/CII participated in the meeting.

 

During the course of the meeting, a reference about Chennai-Bengaluru Industrial Corridor came up for discussion from the government of Tamil Nadu. The state government requested for expediting detailed planning as well as the environmental impact assessment studies in respect of Ponneri Industrial Node for speedy implementation and also to keep the state government closely associated at all stages of the project. The state government also requested for adequate flexibility in the institutional structure for the governance of industrial nodes.

 

Delhi Mumbai Industrial Corridor Development Corporation (DMICDC), the nodal agency for Chennai-Bengaluru Industrial Corridor, has already initiated the process for Master Planning of three identified Nodes, namely, Ponneri (Tamil Nadu), Krishnapatnam (Andhra Pradesh) and Tumkuru (Karnataka).

 

This information was given by the Commerce and Industry Minister, Ms Nirmala Sitharaman, in a written reply in the Rajya Sabha, said a release.

 

Source: Exim News Service - New Delhi, Aug. 10

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