The National Industrial Corridor Development and Implementation Trust (NICDIT) had recently conveyed to the Kerala government, its decision to extend the Chennai-Bengaluru industrial corridor to Coimbatore and Kochi. Following this, Kerala chief minister Pinarayi Vijayan, on September 21, 2019, directed the district collectors of Palakkad and Thrissur to take steps, to speed up the land acquisition process, a press release from the chief minister’s office said.
A high-level meeting was chaired by the chief minister, in which chief secretary Tom Jose, industries’ principal secretary K Ilangovan, revenue principal secretary V Venu and Kerala State Industrial Development Corporation managing director Sanjay Kaul were among those who participated. About 1,800 acres of land has to be acquired for the manufacturing cluster on the Thrissur-Palakkad area. The meeting also decided to identify appropriate land at Kochi, for setting up industrial centres as part of the NICDIT.
Kerala had, for long, been pleading to include the state in the corridor and chief minister Pinarayi Vijayan had made a strong pitch for the same. The setting up of the corridor would contribute to developing manufacturing industries in the region and transform the Kochi-Palakkad region into a major manufacturing hub of south India. Two integrated manufacturing clusters are to be developed – at Palakkad and Salem in Tamil Nadu. The state and central governments would jointly form a special purpose vehicle, to manage the clusters, it was stated. The cluster in Kerala will come up on either side of the Kochi-Salem national highway and is expected to provide 10,000 jobs.
TN seeks speedy approvals for industrial corridor projects
The Tamil Nadu government has asked the centre to provide speedy approvals, for the Chennai-Bengaluru and the Chennai-Kanyakumari industrial corridor projects, to boost manufacturing activities in the state
March 9, 2018: Tamil Nadu’s deputy chief minister O Panneerselvam, on March 8, 2018, requested the union commerce and industry minister Suresh Prabhu, to ensure that speedy clearances are accorded to the Chennai-Bengaluru industrial corridor and the Chennai Kanniyakumari industrial corridor projects. The state government will also set up an aerospace park in about 250 acres near Sriperumbudur, Panneerselvam said, while speaking at the inauguration of the India Engineering Sourcing Show.
In addition, he said, the proposed establishment of defence production corridors across Tamil Nadu, linking existing public sector manufacturing facilities with new capacities to be created in the private sector, will also boost engineering manufacturing in the state. He said that JICA and Asian Development Bank are working with the state government, on developing the trunk infrastructure for these projects. He assured all support to investors to facilitate investments in the state.
See also: Centre in talks with TN, for a second airport in Chennai
Panneerselvam further said the state has all the modern infrastructure and policies to attract and facilitate investments. “The biggest strength of Tamil Nadu is the availability of high quality and disciplined human resources,” he said. The gross state domestic product of Tamil Nadu grew at a compounded annual growth rate of 11.16 per cent between 2005-06 and 2016-17, reaching USD 207.79 billion in 2016-17. To promote innovation and manufacturing, the state government has announced a USD 1.55 billion assistance for a strategic entrepreneurship and innovation programme, between 2017 and 2021. Panneerselvam said the state ranks third in terms of FDI inflow into the country and cumulatively, FDI inflows in Tamil Nadu from April 2000-September 2017 stood at USD 25.92 billion.
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