CCEA approves three infra projects worth Rs 7,725 cr
ROADS & HIGHWAYS

CCEA approves three infra projects worth Rs 7,725 cr

The Cabinet Committee on Economic Affairs (CCEA) approved three infrastructure proposals worth Rs 7,725 crore to support setting up greenfield industrial cities (GICs) with connectivity to major transportation corridors such as the eastern and western dedicated freight corridors, national highways, and expressways.

The three projects proposed by the Department of Promotion of Industry & Internal trade include:

  • Multi-Modal Logistics Hub (MMLH) and Multi-Modal Transport Hub (MMTH) at Greater Noida in Uttar Pradesh at an estimated cost of Rs 3,883.8 crore.
  • Construction of various trunk infrastructure components for the Krishnapatnam industrial area in Andhra Pradesh at an estimated cost of Rs 2,139 crore;
  • Construction of Tumakuru industrial area in Karnataka at an estimated cost of Rs 1,701.81 crore.

The Industrial Corridor Programme aims to create greenfield industrial cities with sustainable plug-and-play, ICT-enabled utilities to facilitate manufacturing investments. The developed land parcels in these cities will be ready for immediate allotment to attract manufacturing investments and establish India as a strong player in the global value chain.

The government claims that the first phase development completion of the Krishnapatnam industrial area to generate 98,000 employment opportunities, with 58,000 on-site; Tumakuru industrial area 88,500 with 17,700 persons to be available from service industries such as retail, offices, and other commercial opportunities in the initial development phase; and the Greater Noida projects employment for 1,00,000 persons by 2040.

The Cabinet Committee on Economic Affairs (CCEA) approved three infrastructure proposals worth Rs 7,725 crore to support setting up greenfield industrial cities (GICs) with connectivity to major transportation corridors such as the eastern and western dedicated freight corridors, national highways, and expressways.The three projects proposed by the Department of Promotion of Industry & Internal trade include: Multi-Modal Logistics Hub (MMLH) and Multi-Modal Transport Hub (MMTH) at Greater Noida in Uttar Pradesh at an estimated cost of Rs 3,883.8 crore. Construction of various trunk infrastructure components for the Krishnapatnam industrial area in Andhra Pradesh at an estimated cost of Rs 2,139 crore; Construction of Tumakuru industrial area in Karnataka at an estimated cost of Rs 1,701.81 crore. The Industrial Corridor Programme aims to create greenfield industrial cities with sustainable plug-and-play, ICT-enabled utilities to facilitate manufacturing investments. The developed land parcels in these cities will be ready for immediate allotment to attract manufacturing investments and establish India as a strong player in the global value chain. The government claims that the first phase development completion of the Krishnapatnam industrial area to generate 98,000 employment opportunities, with 58,000 on-site; Tumakuru industrial area 88,500 with 17,700 persons to be available from service industries such as retail, offices, and other commercial opportunities in the initial development phase; and the Greater Noida projects employment for 1,00,000 persons by 2040.

Next Story
Products

Viva ACP Launches FR A1-Rated Honeycomb Panels for Fire Safety

Viva, Asia’s largest manufacturer and supplier of aluminium composite panels (ACP) introduced its FR A1-rated Honeycomb Panels, setting a new industry benchmark for fire safety and architectural excellence. Engineered to deliver exceptional performance, these panels combine advanced fire-resistance technology with aesthetic versatility, offering a revolutionary solution for safety-critical environments.The FR A1 rating represents the highest standard of fire resistance under the European Standard EN 13501-1, signifying non-combustibility and zero contribution to fire, smoke, or toxic emissio..

Next Story
Real Estate

Almal Real Estate Expands into Commercial, Global Markets

Almal Real Estate Development is soon to announce its upcoming expansion into new verticals and international markets as part of its strategic growth plans for 2030. The company, known for its innovative luxury residential and hospitality developments, is preparing to diversify into the commercial sector with the introduction of The Smart Space, a network of business centers in UAE featuring five-star amenities. Additionally, Almal is entering new markets in Bali and Thailand as a community developer, focusing on villa and townhouse projects.The expansion into the commercial real estate sector..

Next Story
Infrastructure Urban

NABARD Approves Rs 9.03 Billion for 127 Projects in Himachal

The Himachal Pradesh government has secured approval from the National Bank for Agriculture and Rural Development (NABARD) for 127 projects worth Rs 9.03 billion for the 2024-25 fiscal, Chief Minister Sukhvinder Singh Sukhu announced. During a meeting with MLAs from Kangra, Kullu, Kinnaur, Solan, Chamba, Bilaspur, and Lahaul-Spiti districts to discuss priorities for the 2025-26 budget, Sukhu said the approved projects include 50 MLA-priority schemes under the Public Works Department, valued at Rs 4.12 billion, and 23 MLA-priority schemes under the Jal Shakti Vibhag, costing Rs 1.79 billio..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?