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The Chennai-Bangalore Industrial Corridor Project is an upcoming mega infrastructure project of Government of India. The corridor plans to come up along Chennai, Sriperumbudur, Ponnapanthangal, Ranipet, Chittoor, Bangarupalem, Palamaner, Bangarpet, Hoskote and Bangalore. It is expected to boost commerce between south India and east Asia by enabling quicker movement of goods from these places to the Chennai and Ennore ports.
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World-Class Connectivity
In his Budget speech, finance minister P Chidambaram said the project with assistance from the Japan International Cooperation Agency (JICA) will be developed in collaboration with the governments of three southern states. The Chennai-Bangalore industrial corridor is being modeled along the $100 billion Delhi-Mumbai (DMIC) industrial corridor.
“Though the corridor to Chennai may not benefit industries in Karnataka much, it will provide world-class connectivity to a port (Chennai) in the Bay of Bengal. However, the corridor to Mumbai is set to benefit a large number of districts in north Karnataka besides providing connectivity to a port (Mumbai) in the Arabian Sea said "L. Krishnan, chairman of the Karnataka State Council of the Confederation of Indian Industry (CII)".
2 major backbone infrastructure projects will be created for the corridor. Both Road and Rail connectivity for Freight movement will be upgraded in this corridor.
Extension
Karnataka government has proposed to extend this corridor to Mangalore and reposition this corridor as a West seaport to East Seaport connectivity corridor. A new proposal has been put forward where the Corridor will have 2 seaports at the extreme ends and 3 international airports on the way, with Manufacturing industries setup in between. Mangalore has India's biggest Petrochemical complex, international air cargo facility, international airport, major seaport and located in an area which boasts of having highest literacy rate in India. Mangalore can be major export hub for Japanese companies for exports to countries in Africa and West Asia.