Investment in Chennai-Bangalore Industrial Corridor

Press Information Bureau

Government of India

Ministry of Commerce & Industry

12-December-2012 19:04 IST

During the visit of the Prime Minister of Japan to India on 28th December, 2011, the two Prime Ministers decided to strengthen efforts to improve infrastructure such as ports, industrial parks and their surrounding facilities in Ennore, Chennai and the adjoining areas. Prime Minister of Japan conveyed Japan's intention to extend financial and technical support to the preparation of India's Comprehensive Integrated Master Plan of this region based on which planned development and work on related facilities could be taken up. Japan International Cooperation Agency (JICA) appointed study team conducted preliminary study and submitted the Draft Final Report on Preliminary Study for Comprehensive Integrated Master Plan for Chennai-Bangalore Industrial Corridor (CBIC). Certain modifications in the Preliminary Report have been conveyed to JICA in December, 2012. The CBIC project is at conceptual stage and it would be too early to compare it with Delhi-Mumbai Industrial Corridor (DMIC) structure.

This information was given by the Minister of State for Commerce & Industry Dr. S. Jagathrakshakan in written reply to a question in Rajya Sabha today.

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DS/RK