Vizag-Chennai Corridor
The department of industrial policy and promotion (DIPP) will circulate a Cabinet note next week seeking the views of all ministries concerned on a proposal for a new law — the National Industrial Corridor Authority (NICA) Act — on the lines of the National Highways Authority of India (NHAI) Act. The Pune-headquartered NICA was proposed [...] Continue Reading »
Andhra Pradesh is soon to get two most significant industrial corridors-one is Visakhapatnam to Chennai corridor, which covers nine coastal districts and second one is Bangalore to Chennai corridor, which crosses via Hindupur, Krishnapatnam and Chittoor. AP Industries Commissioner Rajat Kumar states that these corridors are premeditated to promote growth scales in state. Explaining importance [...] Continue Reading »
In a move which will facilitate the government in coordinating the development of all the proposed Industrial Corridors in the country, the government announced on Thursday that it plans to set up a National Industrial Corridor Authority (NICA) with an initial amount of Rs 100 crore. The government’s decision to set up NICA marks a noteworthy [...] Continue Reading »
