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Japan to Fund Delhi-Mumbai Corridor Despite Crisis

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To the illierate trolls - fund does not mean aid. Aid means aid.

fund : verb
Definition of FUND
transitive verb
1a : to make provision of resources for discharging the interest or principal of b : to provide funds for <a federally funded program>

Japan sees strategic value in their investments in India, including diversifying their manufacturing base (currently in China) and accessing the Indian economy. India needs to do more to take the Japan India interaction to a new level. Japan also needs to realise they need Asia, not just US.
 
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Status on the critical Land Acquisition Phase for DMIC :-

  • Gujarat : The process of land acquisition is under way.
  • MP : State Government requested to initiate land acquisition process.
  • Haryana : State Government requested to initiate land acquisition process.
  • Maharashtra : State Government requested to initiate land acquisition process.
  • Rajasthan : State Government requested to initiate land acquisition process.
  • UP : This will be taken up only after the reports are finalized.

Errr, I think the reports are already finalized. BTW, is it a surprise that only Gujarat has started the land acquisition process, while the rest are just sitting over the files?
 
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Errr, I think the reports are already finalized. BTW, is it a surprise that only Gujarat has started the land acquisition process, while the rest are just sitting over the files?

Behanji might have not recived her garland may be once she gets garland and metro renamed to ambedkar rel or maya rel she will think about it....
 
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i guess Bangalore was going to have its own metro....

There was construction going on when i was there near MG road and all....

I know that...hyd also have the metro project which is going to start construction this year..I am asking about the industrial corridor of this scale..
 
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I know that...hyd also have the metro project which is going to start construction this year..I am asking about the industrial corridor of this scale..

DFCCIL plans to have a golden quadrilateral like network in the future. There are plans to have High Speed Passenger trains alongside as well.
 
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I know that...hyd also have the metro project which is going to start construction this year..I am asking about the industrial corridor of this scale..

Soooon.. dont worry.. Japs to the rescue.

Japan to construct industrial corridor in South India


The Japanese government has proposed to construct an industrial corridor in South India and a senior official would visit here this month for signing a memorandum of understanding (MoU), Hiroshima Prefecture Governor Hidehiko Yuzaki said on Monday.

"The Japanese government is planning an industrial corridor in South India... Top officials (from Japanese Government) will be visiting here and sign an MoU for the industrial corridor," he said.

Early in May, during the inauguration of the Japan External Trade Organisation (JETRO) office in Chennai, Tamil Nadu deputy Chief Minister MK Stalin had welcomed Japanese government investing in developing industrial corridors between Chennai-Bangalore and Chennai-Ennore, besides setting up a multi-level car park near Chennai.

The officials would be coming later this month, Yuzaki, who is on a four-day visit along with a 30-member delegation from Japan, said.

The delegation, as part of enhancing trade relations between Tamil Nadu government and Hiroshima (Japan), would sign an MoU with the state goverment to carry out activities in promoting investments and people-to-people networking relations, he said.

The University of Hiroshima and Hiroshima International University would also sign a MoU with College of Engineering, Anna University, and Guindy here as part of student exchange programmes.

He said nine Hiroshima Prefecture companies were present in India of which four were operational in Tamil Nadu. During 2000-2009, projects worth $5.3 billion were executed in India.

As of 2008-09, India exported goods worth 300 billion yen to Japan, while it imported 760 billion yen, he said.


Read more at: Japan to construct industrial corridor in South India - NDTV Profit
 
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About Chennai-Bangalore Industrial Corridor


The industrial corridor is being developed in two phases.The first phase will run from Chennai to Sriperumbudur and then to Ranipet. The second phase starts at Ranipet to reach Bangalore through Hosur. Industrial parks, Special Economic Zones, information technology parks and integrated townships are expected to come along the corridor.

Key Advantages


  • With plans of a bullet train, a six-lane road and an extension of the metro rail from Chennai to Bangalore, the two cities are coming closer .Sriperumbudur to the west of Chennai is already the most industrialised zone in Tamil Nadu.The government has allocated Rs.3 billion to upgrade two key highways - the industrial artery to Sriperumbudur which is destined to become a six-lane highway and the Rajiv Gandhi Road or the Old Mahabalipuram Road, now known as Chennai's IT highway, says Tamil Nadu's industry secretary Shaktikanta Das.
  • The Madras Export Processing Zone (MEPZ) has submitted a detailed development plan to the Ministry of Railways for rail connectivity to Sriperumbudur, about 80 km from here.
  • Approval for a railhead near Sriperumbudur, linking it with south Chennai, and a second line to access Ennore and Chennai ports are in the offing. Two other roads are being made to link SEZs in the Sriperumbudur-Kancheepuram area with the airport.
  • A third rail line is to link technology parks and IT companies like TCS, Satyam and Wipro along the Rajiv Gandhi Road to Siruseri, a fast-emerging SEZ.
  • In the offing is also the Rs.50.6 billion Chennai Metro Project to link Chennai to Sriperumbudur.
  • Sriperumbudur and Chennai are home to 110 automobile and ancillaries industries. Tamil Nadu exports auto components worth about $250 million per year.
  • Mahindra World City, 30 km from Chennai airport, is monitored by the MEPZ and has about 80 companies including the TVS Group and BMW. The companies here hope to export products worth Rs.80 billion by 2012.
  • Chennai airport is south India's largest airport with more than 270 passenger flights and more than 30 cargo flights out of it every week.
  • Tamil Nadu has been lobbying for a bullet train between Bangalore and Chennai, 450 km apart, for some years. At present, it takes about four hours by train to travel between the cities.

Salient features:


  • Where to where: Chennai-Sriperumbudur-Ranipet-Hosur-Bangalore
  • Potential for investment of at least $25 billion
  • Karnataka would like corridor from Chennai to Mumbai, passing through Bangalore, Davangere and Hubli-Dharward
  • Pluses: Skilled manpower and infrastructure facilities
  • Bangalore&#8217;s strength is in IT, Chennai&#8217;s edge lies in automobile tech, manufacturing and electronics
 
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what about Kerala...we Need something apart from Cochin Smart City...
 
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