Centre okays logistics hub in UP, industrial corridor nodes in the South

The proposals have a total estimated cost of Rs 7,725 crore and an employment generation potential of over 280,000

The Union government on Wednesday gave its nod to two key proposals -- setting up a multi-modal logistics and transport hub (MMTH) at Greater Noida in Uttar Pradesh and industrial corridor nodes at Krishnapatnam (Andhra Pradesh) and Tumakuru (Karnataka).

The logistics and transportation hubs are being planned with a view to making India a strong player in the global value chain.

The industrial corridors would come up under the Chennai-Bangalore Industrial Corridor (CBIC) project.

"The proposals have a total estimated cost of Rs 7,725 crore and an estimated employment generation of more than 280,000 persons," I&B Minister Prakash Javadekar said