Bangalore, Feb 8 (UNI) The Centre has initiated a feasibility study for the proposed 1,000-km Chennai-Bangalore-Mumbai industrial corridor, Union Minister for Commerce and Industries Kamal Nath said today.
Speaking at an Exporters' Meet, organised jointly by the Federation of Karnataka Chamber of Commerce and Industry (FKCCI) and Federation of Indian Exporters Organisation (FIEO) here, he said the corridor will help boost economic activities of the region significantly.
Earlier, Karnataka Commerce and Industries Secretary Rajkumar Khatri drew the attention of the Minister to the industrial corridor, for funding which the Japan External Trade Organisation (JETRO) has evinced interest.
He said the proposed corridor could be laid alongside National Highway-4 and pass through over 20 high industrial potential towns.
He also appealed to the Union Minister to consider sanctioning a dedicated container train between Bangalore and Mangalore, which has an all-weather sea port.
Mr Khatri also appealed to the Minister to relocate some of the key union statutory bodies, including office of the Drug Controller, which was based in Chennai.
Mr Kamal Nath promised to look into the demands.
UNI MV MSP AK VC1633