Following the successful operationalization of the Delhi-Mumbai Corridor similar projects are planned pan India. The Delhi-Mumbai Corridor covers 7 cities in the first phase covering the states of Uttar Pradesh, Haryana, Rajasthan, Gujarat, Maharastra and Madhya Pradesh. This Industrial Corridor includes developments of all means of transport including renewing or establishment of airports and seaports in the corridor cities, building and expansion of roadways and rail networks.
On these lines the Chennai-Bangalore Industrial corridor and Chennai-Hyderabad Industrial Corridors are proposed and are being developed. The focus of these corridors will be automobile and ancillaries in Chennai, Aerospace in Bangalore and pharmaceuticals in Hyderabad.
Huge investments are being made in the developments of road and rail networks along the corridors. The hurdles like land acquisition, rehabilitation, funding are being tackled.
The Chennai-Bangalore Industrial corridor is expected to cover the cities of Ranipet and Hosur. Social infrastructure is also encouraged along this corridor which is an integral part of any industrialization. Karnataka government wants to extend this corridor to Belgaum and Mangalore with plans to integrate mining, food parks and cements as part of the corridor industries.
Tamil Nadu government is also planning industrial corridors along Chennai-Madurai-Tuticorin-Tirunelveli corridor and Coimbatore-Salem corridor. These corridors are expected to encourage industrialization and integration of regional economies. This could also be seen in the rising real estate prices along the upcoming and proposed corridors.
Source: http://news.estatelister.com/report/industrial-corridors-along-chennai-regional-economic/1200
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