Rs.8,175cr IMCs to be set up in UP, Haryana and Bihar
The Rs.2,594 crore railway line from Manmad to Jalgaon in Maharashtra’s Nashik and Jalgaon districts was the first project discussed by the 73rd meeting of the Network Planning Group (NPG) which was convened in New Delhi on 21 June 2024 https://www.globaltenders.com/ .
The construction of 4th broad gauge of the 160-km of Ministry of Railways https://indianrailways.gov.in/ seeks to enhance the section capacity of the existing line, facilitating smoother movement of cargo and passenger trains.
It aligns closely with national infrastructure priorities and is crucial for meeting future transportation demands in the region https://www.meed.com/latest/tenders .
The second Rs.3,285 crore project, also from Railway Ministry, pertains to construction of 3rd & 4th broad gauge railway lines of 130.5-km from Bhusawal in Jalgaon district of Maharashtra to Burhanpur and Khandwa districts of Madhya Pradesh https://ec.europa.eu/info/funding-tenders/opportunities/portal/screen/home .
The project is expected to significantly enhance section capacity, promote regional development, and bolster the Indian Railways’ market share in the logistics sector, thus contributing to economic growth and sustainable transportation solutions for the region https://www.conexpoconagg.com/ .
Both projects are a part of the Energy Mineral Cement Corridor (EMCC) program of the Ministry of Railways, for providing connectivity to coal, cement and mineral production areas https://www.bseindia.com/ .
Four projects from the National Industrial Corridor Development Corporation (NICDC), DPIIT, pertain to development of Integrated Manufacturing Clusters (IMCs) in Agra and Prayagraj in Uttar Pradesh, Hisar in Haryana and Gaya in Bihar with an estimated investment of Rs.8,175 crore https://www.nseindia.com/ .
The projects aim to develop state-of-the-art manufacturing hubs adhering to Industry 4.0 standards, including smart technologies, logistics, residential, and commercial facilities, along with educational and healthcare services. The IMCs will cater to sectors such as E-Mobility, food processing, FMCG, leather, apparel, among others https://www.ibef.org/ .
Two projects from NICDC involve development of Oravakal Industrial Area in Kurnool district and Kopparthy Industrial Area in YSR Kadapa district of Andhra Pradesh, with an estimated investment of Rs.5,367 crore https://www.credai.org/home .
The project aims to create advanced infrastructure to attract industries and they are strategically located near major highways, railway lines, and seaports. These projects aim to stimulate socio-economic progress and generate significant employment opportunities https://ted.europa.eu/en/ .
During the meeting, all projects were evaluated for their integrated planning and conformity with the PM GatiShakti principles. Emphasis was placed on the socio-economic benefits, improved connectivity, reduced transit costs and enhanced efficiency https://attentionindia.com/ .
These projects are expected to play a pivotal role in improving connectivity, enhancing logistics efficiency, and establishing advanced manufacturing ecosystems across India, poised to drive industrial growth, boost competitiveness, and contribute significantly to the nation’s economic development goals, the Ministry of Commerce & Industry https://commerce.gov.in/ said on 27 June. Fiinews.com
