The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi has approved proposals of the Department of Promotion of Industry & Internal Trade (DPIIT) for construction of various trunk infrastructure components. This includes Krishnapatnam industrial area in Andhra Pradesh with an estimated cost of the project Rs 2,139.44 crore; Tumakuru industrial area in Karnataka with an estimated cost of Rs 1,701.81 crore; and 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. The developed land parcels in these cities will be ready for immediate allotment for investments into manufacturing, as per reports. These projects have been planned on the backbone of multi-modal connectivity infrastructure.
Krishnapatnam and Tumakuru industrial areas 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 logistics hubs along with reliable power and quality social infrastructure.