The 15 year old Chennai
Bengaluru Industrial corridor is inching for completion and as per the present
estimate likely to be commissioned next year. Work on the project is being taken
up in patches and there is utter confusion for motorists resulting in travel
time between Chennai and Bengaluru taking nearly 7 hours.
The condition of the national high
way around the industrial hub Sriperumpudur near the entrance of Chennai is
deplorable and the National highways authority has not taken corrective
measures despite repeated strictures from Madras High court.
The 96-km Chennai-Bengaluru
Industrial Corridor (CBIC) project is scheduled to be completed by 2025. With
the completion of the project, the travel time between Chennai and Bengaluru is
expected to be reduced to three hours.
The project will also increase economic
activity in the region by opening up
new areas for industrial
development.
There is potential for manufacturing facilities, warehousing facilities along
the corridor.
Chennai is slowly but surely becoming the industrial hub of South India..
As a major seaport, the city’s proximity to raw materials, easy access to
major seaports, airports, and
different parts of Southern India has rendered it a major industrial hub.
The presence of industrial
corridors, acting as an economic ecosystem, fosters heightened economic
activity within the
transportation corridor. Like a vital artery, it serves as the central hub
of economic vitality in the region.
The CBIC will go through Chennai,
Sriperumbudur, Ponnapanthangal, Ranipet, Vellore, Chittoor, Bangarupalem,
Palamaner, Bangarpet, Hoskote, and Bengaluru.
The Chennai Bangalore
Industrial Corridor (CBIC) stands as an enticing prospect for investors,
offering a multitude of advantages. Positioned at the onset of a major
industrial corridor, Chennai promises abundant job opportunities. Escaping
urban congestion, many are gravitating towards the city’s outskirts, lured by
available land parcels, ideal for realizing their dream homes.
The fate of the proposed
expansion of Chennai Bengaluru industrial corridor to cover Coimbatore and
Cochin is still not known. The Chennai Visakhapatnam Industrial corridor is under implementation of
the commerce ministry for the past 15 years. The fate of Chennai Kanyakumari
industrial corridor hangs in balance since the Union commerce ministry is
holding up the project for the last five years.