Perspective Plan for Chennai - Bengaluru Industrial Corridor (CBIC) has been completed and three nodes namely (i) Krishnapatnam (Andhra Pradesh), (ii) Ponneri (Tamil Nadu) and (iii) Tumakuru (Karnataka) have been identified for development. Special Purpose Vehicles (SPVs) for Krishnapatnam and Tumakuru nodes have been incorporated and detailed master planning and preliminary engineering activities are in progress for these two nodes.

 

Land acquisition is responsibility of the respective State Government(s) and following land parcels have been identified for development:

            (i)         Krishnapatnam, Andhra Pradesh (14000 acres)

            (ii)        Ponneri, Tamil Nadu (21966 acres)

            (iii)       Tumakuru, Karnataka (9630 acres)

Land acquisition process has been initiated by the concerned State Government(s).

 

Total cost of the project at this stage cannot be ascertained as project development activities are in progress. The details of the amount spent so far year-wise on project development activities are as under:

 

S.No.	Financial Year	Amount Incurred (In Rs.)
1	2015-16	28,79,042.00
2	2016-17	26,22,839.00
3	2017-18	87,59,068.00
4	2018-19	8,42,59,157.00
5	2019-20 (till 15.07.2019)	0.00
Total		9,85,20,106.00

 

Japan International Cooperation Agency (JICA) has prepared the overall perspective plan of CBIC and initial master plan for the identified nodes. Since the project is presently under development stage, completion date of the project cannot be fixed.

 

This information was given by the Union Minister of Commerce and Industry, PiyushGoyal, in a written reply in the Lok Sabha today.

 

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MM/SB

 

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