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        News and Press Release

        INDUSTRIAL CORRIDORS

        March 16, 2022

        📋
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        The status of Chennai-Bengaluru (CBIC), Bengaluru-Mumbai (BMIC) and Hyderabad-Bengaluru (HBIC) is as under:

        1. Chennai Bengaluru Industrial Corridor (CBIC): Three nodes namely Tumakuru in Karnataka, Krishnapatnam in Andhra Pradesh and Ponneri in Tamil Nadu have been identified for development under CBIC. Status of these Nodes is as under:

        Krishnapatnam Node: Project was approved by Government of India on 30th December, 2020. Detailed master planning and preliminary engineering activities for an area of 2,500 acres, as an activation area, have been completed. Engineering, Procurement and Construction (EPC) tendering work for implementation of trunk infrastructure has been initiated.

        Tumakuru Node: Project was approved by Government of India on 30th December, 2020. Detailed master planning and preliminary engineering activities for an area of 1,736 acres, as an activation area, has been completed. Environment Clearance has been obtained. EPC tendering work for implementation of trunk infrastructure has been initiated.

        Ponneri Node: Consultant has been appointed for carrying out Detailed Master Planning and Preliminary Engineering for an area of 4,000 acres.

        1. Bengaluru Mumbai Industrial Corridor (BMIC): The Perspective Plan of BMIC has been completed. Government of Karnataka and Government of Maharashtra has confirmed availability of land for development of industrial node at Dharwad and Satara respectively. Consultants have been appointed for Detailed Master Planning and Preliminary Engineering for both the nodes.
        2. Hyderabad Bengaluru Industrial Corridor (HBIC): Orvakal node in Andhra Pradesh has been identified for development under HBIC. Consultants have been appointed for Detailed Master Planning and Preliminary Engineering. Site survey, preparation of base map, technical assessment & land suitability, preparation of preliminary master plan, etc. have been completed by the consultant.

        Above Industrial Corridors are at different stages of implementation. Out of three nodes to be developed in CBIC, land has been made available in two nodes, - Krishnapattnam and Tumakuru. These are scheduled to be developed by 2026. For other corridors/nodes, since project development activities are going on, the timelines can be ascertained after availability of land and competent approval.

        The status of Amount allocated, released and spent on the development of Industrial corridors is as under:

         (Rs. in crore) 

        s. No.

        Name of the Industrial Corridor

        Node/Project

        State

        Project Implementation Fund (PIF)

        Project Development Fund (PDF) Spent *

        Funds Allocated (as per CCEA Approval)

        Funds Released by DPIIT to NICDIT
        (Equity)

        Amount transferred by NICDIT to SPV managed by State Govt.

        1

        Chennai Bengaluru Industrial Corridor (CBIC)

        Krishnapatnam

        Andhra Pradesh

        Equity: 621 cr
        Debt: 459 cr

        533.86

        522.10

        9.43

        Ponneri

        Tamil Nadu

        Not yet approved

        2.50

        2.50

        0.51

        Tumakuru

        Karnataka

        Equity: 608 cr
        Debt: 433 cr

        586.74

        586.74

        7.86

        2

        Hyderabad Bengaluru Industrial Corridor (HBIC)

        Orvakal

        Andhra Pradesh

        Not yet approved

        0.00

        0.00

        0.38

        3

        Bengaluru Mumbai Industrial Corridor (BMIC)

        Dharwad

        Karnataka

        Not yet approved

        0.00

        0.00

        4.22

        Satara

        Maharashtra

        Not yet approved

        0.00

        0.00

         * PDF are released to NICDIT for Industrial Corridor Project and the same is spent based on the project development activities being undertaken for different projects.

        This information was given by the Minister of State in the Ministry of Commerce and Industry, Shri Som Parkash, in a written reply in the Lok Sabha today.

        Industrial corridor development: nodes advancing through master planning, EPC tendering and staged fund releases for implementation. Status and implementation steps for three industrial corridors - CBIC, BMIC and HBIC - including node identification, detailed master planning and preliminary engineering, approval status, initiation of EPC tendering for trunk infrastructure at approved nodes, consultant appointments for planning at other nodes, and completed site surveys and technical assessments at Orvakal. Two CBIC nodes with land available are scheduled for development by 2026; timelines for other nodes depend on land availability and competent approvals. Funding position is reported showing Project Implementation Fund (equity/debt where approved), Project Development Fund releases to NICDIT and transfers to state SPVs.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Industrial corridor development: nodes advancing through master planning, EPC tendering and staged fund releases for implementation.

                                Status and implementation steps for three industrial corridors - CBIC, BMIC and HBIC - including node identification, detailed master planning and preliminary engineering, approval status, initiation of EPC tendering for trunk infrastructure at approved nodes, consultant appointments for planning at other nodes, and completed site surveys and technical assessments at Orvakal. Two CBIC nodes with land available are scheduled for development by 2026; timelines for other nodes depend on land availability and competent approvals. Funding position is reported showing Project Implementation Fund (equity/debt where approved), Project Development Fund releases to NICDIT and transfers to state SPVs.





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