ADB Finalizes the Chennai-Kanyakumari Industrial Corridor Report

10 July 2017

The Asian Development Bank (ADB) submitted the draft final report of the Comprehensive Development Plan for the Chennai-Kanyakumari Industrial Corridor (CKIC) to the State Government of Tamil Nadu, India on 10 July 2017. 

Key findings of the report highlighted the corridor’s goals of increasing the state’s manufacturing output to $222 billion by 2035, and generating over 3 million jobs. It further identified seven priority sectors that will potentially drive Tamil Nadu's industrial transformation, as well as key locations for developing the industrial nodes.

The study recommended synchronizing investments with industrial and trade policies critical to raising competitiveness and improving ease of doing business. The study also prescribed key institutional mechanisms to further unlock industrial and infrastructure development.

CKIC is the second phase of the East Coast Economic Corridor development, India’s first coastal corridor, which supports the Government of India’s Make in India campaign to boost manufacturing through foreign direct investment, and the port-led industrialization under the Sagarmala initiative and the Act East Policy. CKIC aims to contribute to the Tamil Nadu Vision 2023, which seeks to boost manufacturing, promote a balanced regional growth, and develop the state's southern districts.

The fourth Bangladesh-Nepal Commerce Secretary Meeting on Trade, Transit, and Economic Cooperation was held on 30-31 May 2018...

Read More


A delegation of Eminent Persons' Group (EPG) members from Nepal headed by Mr. Rajan Bhattarai visited the Visakhapatnam...

Read More


The 9th Annual Ministerial Meeting of Landlocked Developing Countries (LLDCs) on Trade and Transport was held on 16-17...

Read More


This case study reviews how the Subregional Transport Facilitation Project, an Asian Development Bank-supported SASEC...

Read More


India Prime Minister Narendra Modi was in Nepal for a state visit on 11-12 May 2018 at the...

Read More


The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Working Group on Customs Cooperation held...

Read More


The Federation of Indian Chambers of Commerce and Industry (FICCI) is ...

Read More