TN to set up separate Chennai-Bangalore industrial corridor

Union govt’s industrial corridor linking three states still on paper

Chennai:

Tamil Nadu is planning to develop a separate industrial corridor from Chennai to Bangalore apart from the Union government’s proposal to have one which links three states.



Speaking on the regional Economic Integration: Role of Economic Corridors and the Emerging Architecture in Southern Region organized by Confederation of Indian Industry here on Tuesday, Industrial secretary Sundaradevan said that the state government’s corridor would follow the traditional route to Bangalore linking six districts of the state and is totally different from the proposal mooted by the Union government.



Union government’s Chennai-Bangalore industrial corridor is expected to link 10 districts in Tamil Nadu before connecting Ranipet and four more districts in Andhra Pradesh and terminating in Bangalore after adding 12 districts of Karnataka.



He said Mott MacDonald has already submitted the final draft on the state government’s Chennai-Bangalore industrial corridor, he said.



Meanwhile, the Union government’s Chennai-Banaglore industrial corridor is still in the initial stage and it may fructify only after Delhi-Mumbai Industrial Corridor is completed. Talleen Kumar, joint secretary Department of Industrial Policy and Promotion, told the forum from New Delhi that the Chennai-Bangalore corridor will materialize only after the DMIC is completed. “After the success of DMIC, we will be replicating the model in entire country,” he said.



Sundaradevan also said that the State has 19 industrial estates for medium-scale industries and 100 for small-scale industries. However, their development was not on par with those in and around Chennai and Hosur. “Social infrastructure is an important aspect of industrialization’’, Dr Sundaradevan said. The industrial corridor proposals were to create this infrastructure and encourage dispersal of industries and industrialization, he said.



Talleen Kumar said 1,483-km DMIC would have 24 nodes or city centers, and seven of them would be developed in the first phase. Three of them have got clearance from the empowered group of ministers. The seven cities would be around Dadri (UP), Manasar ( Haryana), Neemrana ( Rajasthan), Pithampur ( MP), Ahmedabad ( Gujarat) , Nashik and Dighi Port (Maharashtra). Funding arrangement for these green field cities would be announced soon.



Initial risk of investment would be borne by the government by creating the trunk infrastructure. Then project specific- special purpose vehicles would be bid out for private participation and investment, he added.