The Japan International Cooperation Agency (Jica) today submitted its first interim report on the Master Plan (2013-2033) for Chennai-Bengaluru Industrial Corridor (CBIC).
Jica’s Master Plan study covers the corridor between Chennai-Bengaluru-Chitradurga (560 km) spread across Tamil Nadu, Karnataka and Andhra Pradesh. The study includes perspective planning for the corridor and detailed planning for selected industrial-nodes.
The Master Plan study is in continuation of the preliminary study (May 2012-October 2012) prepared by the Jica that identified various infrastructure and policy impediments that affect investments in the region.
Shinya Ejima, chief representative of Jica in India, said the submission of the first interim report for preparation of Master Plan (2013-2033) was significant from the point of view of timely implementation of CBIC. The report would form the basis of further formulation of the Master plan”.
The report was presented in Delhi to the Monitoring Committee established for the CBIC project, co-chaired by T K A Nair, advisor to the Prime Minister in the PMO and Takeshi Yagi, ambassador to India at the Japanese Embassy. Officials from the government of Tamil Nadu, Karnataka and Andhra Pradesh and senior officials from the government of Japan and representatives from the Japan External Trade Organization and Japan Chamber of Commerce and Industry in India were also present.
According to officials, Phase-I of the the corridor will extend up to Bangalore from Chennai and it would later be extended to Andhra Pradesh. The project would help smoothen the movement of goods.
Around 400 Japanese companies are operating near Chennai.
Jica’s Master Plan study covers the corridor between Chennai-Bengaluru-Chitradurga (560 km) spread across Tamil Nadu, Karnataka and Andhra Pradesh. The study includes perspective planning for the corridor and detailed planning for selected industrial-nodes.
The Master Plan study is in continuation of the preliminary study (May 2012-October 2012) prepared by the Jica that identified various infrastructure and policy impediments that affect investments in the region.
Also Read
About 26 prioritised projects were identified, whose progress is monitored by the Prime Minister's Office (PMO) on a monthly basis in the presence of secretaries from ministries like ministry of Shipping, Road Transport & Highways, National Highways Authority of India (NHAI), Indian Railways, including representatives from the state governments concerned, according to the Jica's release.
Shinya Ejima, chief representative of Jica in India, said the submission of the first interim report for preparation of Master Plan (2013-2033) was significant from the point of view of timely implementation of CBIC. The report would form the basis of further formulation of the Master plan”.
The report was presented in Delhi to the Monitoring Committee established for the CBIC project, co-chaired by T K A Nair, advisor to the Prime Minister in the PMO and Takeshi Yagi, ambassador to India at the Japanese Embassy. Officials from the government of Tamil Nadu, Karnataka and Andhra Pradesh and senior officials from the government of Japan and representatives from the Japan External Trade Organization and Japan Chamber of Commerce and Industry in India were also present.
According to officials, Phase-I of the the corridor will extend up to Bangalore from Chennai and it would later be extended to Andhra Pradesh. The project would help smoothen the movement of goods.
Around 400 Japanese companies are operating near Chennai.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%