Posted on 6th July, 2013 by admin

Many places in Karnataka can hope for development under the proposed Bangalore-Mumbai corridor that British Prime Minister David Cameron wants to give a push to.

The corridor is expected to be part of the Peninsular Regional Industrial Development Corridor (PRIDe), which passes through Tamil Nadu, Karnataka, Andhra Pradesh and Maharashtra.

PRIDe is an industrial corridor providing potentially strong transport and industrial connectivity linking these states. “Going by the potential, the Bangalore-Mumbai corridor is expected to become Karnataka’s industrial and energy spine. The Dabhol-Bangalore gas pipeline project will double the potential in this corridor,” large and medium industries minister Murugesh R Nirani told TOI.

In the first phase, the corridor will be developed till Chitradurga. As it passes through Tumkur, a national investment and manufacturing zone (NIMZ) has been planned. It will be an integrated industrial township spread over 5,000 hectares. “NIMZ will have state-of-the-art infrastructure, planned land use, energy-efficient technology, social infrastructure, skill development facilities. The zone will be managed by a special purpose vehicle and the cabinet has already cleared the project,” Nirani said.

Similar to NIMZ, the government has plans to develop Dharwad as a special investment region (SIR) on 5,000 acres. The SIR will be an amalgamation of several types of industries, focusing on both domestic and export segments. “The region will also provide a platform for captive development which may be required for specific industry types with large footprints,” Nirani said.

What it means for state
• In Karnataka, the corridor includes a road length of 550km (23%) and rail length of 330km (41%)
• Industrial areas to be covered: Vasanth Narasapura (Tumkur), Bharamasagara (Chitradurga), Shimoga, Savanur (Hubli), Haveri, Kushtagi-Gadag, Yelburga (Gadag), Belur (Dharwad), Hukkeri (Belgaum), Navanagara (Bagalkot)

Spice Residency, a high end gated villa plotted layout is located in Hesaraghatta, Tumkur Road, Northwest Bangalore.

Source: The Times of India, Bangalore