Vizag-Chennai Industrial Corridor to Boost Andhra Pradesh's Industrial Activity

11 January 2016

CII Partnership Summit 2016 posters

A potential Asian Development Bank (ADB) loan of $625 million will boost the planned $840 million Vizag-Chennai Industrial Corridor (VCIC). The industrial corridor is expected to contribute to India's manufacturing growth campaign – the 'Make in India' initiative.

VCIC will be part of the proposed East Coast Economic Corridor being developed between Kolkata and Tuticorin, anchored on an 800-kilometer section of National Highway 16. The planned VCIC project will develop 4 nodes catering to extensive industrial activity, and will be equipped with:

  • Infrastructure for urban services, 
  • Transport connectivity between the industrial nodes, and
  • Power transmission and distribution network.

The VCIC project is expected to double industrial output and improve productivity in Andhra Pradesh by 30% over the next 2 decades, according to data from ADB discussed at the Confederation of Indian Industry Partnership Summit plenary session 'Sunrise Andhra Pradesh,' held on 11 January 2016.


Related Links:

The Government of Bangladesh has launched a fully automated trade clearance system, making the submission and issuance of...

Read More


Assam and Bhutan have pledged to strengthen their bilateral tourism ties by collaborating on smoother and more accessible...

Read More


The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) celebrated its 28th Anniversary on 16...

Read More


Nepal began its regular export of electricity to Bangladesh, by sending 40 megawatts (MW) of electricity through India's...

Read More


In a landmark move to enhance tourism cooperation between India and Nepal, the Indian Association of Tour Operators...

Read More


Reliance Power of India has signed a major agreement with Green Digital Private Limited, a Bhutan government-owned entity,...

Read More


The Adani Group of India and the Druk Green Power Corporation (DGPC) of Bhutan have signed a landmark...

Read More