Highlights:
♦ The Cabinet has approved the proposal by the Ministry of Industry and Internal Trade Promotion (DPIIT) to build various trunk line infrastructure components for use in:
– Krishnapatnam Industrial Zone, Andhra Pradesh
– Tumakuru Industrial Zone, Karnataka
♦ Multi-Modal Logistics Hub – MMLH and Multi-Modal Transport Hub -MMTH in Greater Noida, Uttar Pradesh
Industrial Corridors:
♦ In November 2019, the government approved the creation of five industrial corridor projects, which will be implemented via National Industrial Corridor Development and Implementation Trust – NICDIT.
♦ Krishnapatnam Industrial Zone and Tumakuru Industrial Zone are under the Chennai Bangalore Industrial Corridor (CBIC).
♦ These greenfield industrial cities will be self-sufficient through world-class infrastructure, road and rail connections, in order to achieve freight transportation to and from ports and logistics hubs, as well as reliable electricity and high-quality social infrastructure.
Multi-Modal Logistics Hub:
♦ The logistics hub project will be developed into a world-class facility that can provide effective food storage for the dedicated freight channel (DFC).
♦ It will provide a one-stop destination for freight companies and customers. The facility provides standard container handling activities.
♦ It provides various value-added services to reduce logistics costs and increase operational efficiency.
Multi-Modal Transport Hub – MMTH project:
♦ This project will be located near the already existing Indian railway station in Boraki.
♦ It will serve as a transportation hub, providing passengers with rail, road and MRTS accessibility in a seamless manner.
♦ MMTH will provide space for interstate bus terminal (ISBT), local bus terminal (LBT), subway, commercial, retail and hotel spaces, and green open spaces.
♦ The project will provide world-class passenger transportation facilities for the growing population of the catchment area to cater to the upcoming development of the United States. The NCR sub-region thus eliminates the congestion in Delhi.
♦ This will also increase employment opportunities.