7-Feb-2023: Foundation stone laid for South India’s 1st Industrial Corridor Project

Prime Minister lays foundation stone of South India's 1st Industrial Corridor Project in Tumakuru

  • Spread over 8500 acres of land under the Chennai Bengaluru Industrial Corridor.
  • Tumakuru Industrial Township is planned with holistic and integrated approach, in line with the principles of PM-GatiShakti for last mile multi-modal connectivity.

Development of Industrial Township in Tumakuru

  • Government of India and Government of Karnataka together have taken up the development.
  • National Industrial Corridor Development and Implementation Trust (NICDIT) and Karnataka Industrial Area Development Board (KIADB) are also involved.
  • Development of Industrial Township at Vasanthanarsapura in Tumakuru district will be through project Special Purpose Vehicle (SPV).

CBIC project

  • Development of industrial townships at three nodes: Krishnapatnam, Tumakuru, and Ponneri.
  • Tumakuru node prioritized for development.
  • Phase-A of the project is expected to generate employment opportunities for approximately 88,000 people and attract investment of around Rs. 7,000 crore over a period of 5-6 years.

World-class infrastructure

  • Mumbai-Chennai National Highway 48 adjoining the site.
  • Bengaluru International Airport located at a distance of approx. 115 km.
  • Tumakuru Railway Station situated at a distance of 25 km.
  • Mangaluru Port at a distance of 300 km.
  • Multi Modal connectivity ecosystem to ensure seamless movement of raw material and finished goods.

Mixed-use development

  • Comprising of land uses like industrial, institutional, residential, commercial, green spaces, etc.
  • Completely self-sustainable and resilient smart industrial city
  • Target sectors are Food Products, Textile and Apparels, Electronics, Auto & Auto Components, Pharmaceuticals, Chemicals, Engineering, General Manufacturing, etc.

National Industrial Corridor Development Programme

  • Implemented to increase share of manufacturing in the GDP of India.
  • 32 greenfield industrial smart cities under 11 industrial corridors being developed with world-class Plug-n-Play infrastructure.
  • 4 smart industrial cities already completed at Dholera in Gujarat, Shendra Bidkin in Maharashtra, Vikram Udyogpuri in Madhya Pradesh, Integrated Industrial Township at Greater Noida in Uttar Pradesh.

Contribution to futuristic and inclusive growth:

  • Tumakuru Industrial Township project and the Industrial Corridor Programme at large will contribute to futuristic and inclusive growth of the country with the vision of the Government for 'Make in India, Make for the World'.
  • Development of CBIC project is a major step towards promoting industrial growth and improving connectivity in the region.
  • This project will bring significant economic and social benefits to the people of the region.