Pm lays down foundation stone of south india’s 1st industrial corridor project at tumakuru.

• It spans around 8,500 acres of land and is being built part of the Chennai Bengaluru Industrial Corridor (CBIC) as part of National Industrial Corridor Programme (NICP).
  • The project for Tumakuru node was approved by government of India on 30 December 2020. The node has been targeted for development, with a 1,736.20-acre priority development area defined.
• The CBIC project includ es the construction of industrial townships in three locations: Krishnapatnam (Andhra Pradesh), Tumakuru (Karnataka), and Ponneri (Tamil Nadu).

Chennai Bengaluru Industrial Corridor (CBIC)

• It is being planned to achieve accelerated development and regional industry agglomeration in the states of Tamil Nadu, Karnataka and Andhra Pradesh.
• CBIC proposes to address the infrastructure bottlenecks through a holistic approach while benefiting from the inherent strengths and competitiveness of each state. Accordingly, high impact/market driven nodes are proposed to be developed at strategic locations within the corridor, to provide transparent and investment friendly facility.
• These regions are proposed to be self-sustained nodes with world-class infrastructure, road and rail connectivity for freight movement to and from ports and logistics hubs, served by reliable power, quality social infrastructure and provide a globally competitive environment conducive for setting up businesses.

About National Industrial Corridor Programme (NICP)

• NICP aims to promote world class manufacturing facilities and develop futuristic industrial cities in India. Broad objective is to provide plug and play infrastructural facilities for setting up large scale manufacturing units.
• Delhi Mumbai Industrial Corridor was the first corridor taken up for development in 2011.
  • Subsequently, Amritsar- Kolkata, CBIC, Vizag-Chennai, East Coast etc. were added.

Important features of NICP

• Land parcels are developed for immediate allotment to manufacturing units.
• Statutory clearances including environment clearance are being taken beforehand.
• National Industrial Corridor Development & Implementation Trust (NICDIT) for unified development.

Significance

• Propel forward the vision of Atmanirbhar Bharat, Tumakuru Industrial Township has been planned with holistic and integrated approach in line with the principles of PM-GatiShakti to address the issue of last mile multi-modal connectivity to the economic zone.
• The Tumakuru Industrial Township project and the Industrial Corridor Programme at large will contribute to futuristic and inclusive growth of the country with the vision for ‘Make in India, Make for the World’.