While the work on the massive dedicated corridor between Mumbai and Delhi
which will help to usher in an industrial revolution in North and western parts
of the country, is nearing completion, the pace of work on the Chennai
Bengaluru and Visakhapatnam Chennai corridors conceived during the same time
has been slow and limping and is expected to take several years to take shape.
Though the Chennai Bengaluru corridor was approved by the Union cabinet
nearly two years ago, the preliminary exercise of identifying the consultants
for the Ponnery and Tumkur industrial nodes in Tamil Nadu and Karnataka has
just been initiated. After the selection of consultants, they have to prepare a
Detailed project report for the project
While Andhra Pradesh is slightly ahead of the other southern states with
Krishnapatnam port taking the lead to form a Special Purpose Vehicle, the
exercise can start at Ponnery and Tumkur only after the respective governments
make available land for the purpose.
Unlike the Mumbai Delhi and Ludhiana Calcutta corridors, the Chennai
Bengaluru and Visakhapatnam Chennai corridors will not have dedicated railway
tracks for freight trains; this will be a great disadvantage for the corridors
in south India say industry experts
The institutional and financial structure for various industrial corridor
projects in the country, including the Chennai-Bengaluru Industrial Corridor
(CBIC) project, was approved by the Union Cabinet in December 2016. The
government is taking forward the development of the CBIC project in
coordination with the concerned state governments. The process relating to
detailed master planning and preliminary engineering has been initiated for the
Krishnapatnam node identified in the state of Andhra Pradesh.
The process for selection of consultants for detailed master planning and
preliminary engineering for Tumkur node in Karnataka and Ponneri node in Tamil
Nadu has been initiated. Activities for formation of SPV for Krishnapatnam node
have also been initiated. SPVs for Tumkur and Ponneri nodes will be
incorporated after the land is made available by the concerned states and
execution of Shareholder’s Agreement and State Support Agreement by them.
Minister of State for Commerce and Industry, Mr C. R. Chaudhary, gave this
information in the Rajya Sabha, last week.