Cabinet
approves Industrial Corridor nodes at Krishnapatnam and Tumakuru under CBIC
Multi Modal Logistics Hub
& Multi Modal Transport Hub (MMTH) at Greater Noida also approved
The approved proposals have a total estimated cost of Rs. 7,725 crore and an
estimated employment generation of more than 2.8 lakh persons
Will facilitate manufacturing investments into the country by providing
quality, reliable, sustainable and resilient infrastructure to industries
Will position India as a strong player in Global Value Chains with developed
land parcels in cities for immediate allotment for attracting investments
Approved proposals to provide an impetus to “Aatmanirbhar Bharat” & “Make
in India” with reduction in logistics cost & improving operational
efficiency with seamless connectivity across Rail, Road and MRTS to passengers
Posted On: 30 DEC 2020 3:47PM by PIB Delhi
The Cabinet Committee on
Economic Affairs chaired by Prime Minister Shri Narendra Modi has approved
proposals of Department of Promotion of Industry & Internal Trade (DPIIT)
for construction of various trunk infrastructure components for:
- Krishnapatnam Industrial Area in Andhra
Pradesh with an estimated cost of the project of Rs. 2,139.44 crore;
- Tumakuru Industrial Area in Karnataka with
an estimated cost of Rs. 1,701.81 crore;
- Multi Modal Logistics Hub (MMLH) and Multi
Modal Transport Hub (MMTH) at Greater Noida in Uttar Pradesh with an
estimated cost of Rs. 3,883.80 crore.
Envisioned on the backbone of major transportation
corridors like Eastern & Western Dedicated Freight Corridors, Expressways
and National Highways, proximity to ports, airports, etc., the objective of
Industrial Corridor Programme is the creation of greenfield industrial cities
with sustainable, ‘plug n play’, ICT enabled utilities to facilitate the
manufacturing investments into the country by providing quality, reliable,
sustainable and resilient infrastructure to industries. The developed land
parcels in these cities will be ready for immediate allotment for attracting
investments into manufacturing and positioning India as a strong player in the
Global Value Chain. The Industrial Corridor Programme thrives to attain the
objective of creation of an “Atmanirbhar Bharat” to
drive the growth of industries and create greater avenues for investments
across the country.
These projects have been planned on the backbone of multi
modal connectivity infrastructure. Krishnapatnam Industrial Area in Andhra
Pradesh and Tumakuru Industrial Area in Karnataka under Chennai Bengaluru
Industrial Corridor (CBIC) have been approved to kick start the development in
Chennai Bengaluru Industrial Corridor Project. These greenfield industrial
cities will be self-sustained with world-class infrastructure, road and rail
connectivity for freight movement to and from ports and logistic hubs along
with reliable power and quality social infrastructure.
These projects will generate ample employment opportunities
through industrialisation. For Krishnapatnam node, estimated employment
projection on completion of the first phase of development is likely to be
around 98,000 persons of which about 58,000 persons are likely to be employed
at the site. For Tumakuru node, employment of about 88,500 persons is
estimated, out of which 17,700 persons will be from service industries such as
retail, offices and other commercial opportunities in the initial development
phase.
Multi Modal Logistics
Hub (MMLH) & Multi Modal Transport Hub (MMTH) Projects at Greater Noida,
U.P. are in close proximity to Eastern peripheral expressway, NH91, Noida-
Greater Noida Expressway, Yamuna Expressway, Eastern & Western Dedicated
Freight Corridors. Logistics Hub project will be developed as a world-class
facility that will provide efficient storage/transitioning of goods to/from the
Dedicated Freight Corridors (DFC) and offer a one-stop destination to freight
companies and customers. The facility will not only provide standard container
handling activities but also provide various value-added services to reduce
logistics cost with improved efficiency of operations.
Multi Modal Transport
Hub (MMTH) project located near the already existing Indian Railways station of
Boraki will act as a transport hub with provisioning of Rail, Road and MRTS
accessibility for the passengers in a seamless manner. MMTH will have space for
Inter State Bus Terminal (ISBT), Local Bus Terminal (LBT), Metro, commercial,
retail & hotel space and green open spaces. The project will provide
world-class passenger movement facilities for the growing population of the
catchment zone catering to upcoming developments in U.P. sub-region of the NCR
and thus, decongest Delhi. The employment generation estimated is about
1,00,000 persons by 2040 for both these projects and will have a positive
impact on the growth opportunities in the surrounding area.
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DS
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