Nation Current Affairs 02 Jan 2021 Tumakuru Industrial ...

Tumakuru Industrial Corridor big economic boost for Anantapur

DECCAN CHRONICLE. | DC CORRESPONDENT
Published Jan 2, 2021, 12:55 pm IST
Updated Jan 2, 2021, 12:55 pm IST
The proposed location is 42 km from the Andhra Pradesh-Karnataka border and 48 km by National Highway 48
The Karnataka government had already marked out the Vasanthanarasapura in Tumakuru as a major industrial hub as part of the Chennai-Bengaluru industrial corridor. (Representational Image:PTI)
 The Karnataka government had already marked out the Vasanthanarasapura in Tumakuru as a major industrial hub as part of the Chennai-Bengaluru industrial corridor. (Representational Image:PTI)

ANANTAPUR: The newly sanctioned Industrial Corridor in Tumkur district of Karnataka would be a big boost for border areas of Anantapur district too. The proposed location is 42 km from the Andhra Pradesh-Karnataka border and 48 km by National Highway 48.

The Centre recently announced the establishment of three major industrial corridors including Krishnapatnam in Nellore district Rs 2,139.44 crore and Tumakuru in Karnataka at Rs 1,701.81 crore.

 

The Tumkur industrial corridor is expected to generate business opportunities for entrepreneurs of Anantapur and jobs for unemployed youths and work for skilled labour from various sectors. For the Tumakuru corridor alone, employment of about 88,500 persons is estimated including industries retail, offices and other commercial opportunities in the initial development phase.

The Karnataka government had already marked out the Vasanthanarasapura in Tumakuru as a major industrial hub as part of the Chennai-Bengaluru industrial corridor. Vasanthanapura is located close to the Madakasira Assembly segment.

 

Reports say the Karnataka government has identified 9,629 acres in Vasanthanarasapura for development of the node.

The Chennai-Bengaluru Industrial Corridor (CBIC) will be one of the five special economic and industrial corridors envisioned by the Centre in a bid to boost manufacturing and industrial growth and create jobs. It will link Bengaluru and Chennai, a distance of 560km.

Further, the highway connectivity of NH44 and NH48 through Madakasira town along with Somandepalli, Penukonda, Rolla and Agali would see additional development through the connecting area. At least a 20km distance is reduced through the NH 44-NH48 connecting road from Sira taluk headquarters towards the Somandepalli mandal.

 

The strategy to develop CBIC is part of the plan to achieve accelerated development and regional industry agglomeration in the states of Tamil Nadu, Karnataka and Andhra Pradesh and to facilitate development of a well-planned and efficient industrial base by providing smooth access to the industrial production units as also decreased transportation logistics costs along with an improved delivery time and reduction in inventory cost. This would also ensure increased private investments in manufacturing and industrial activity in the three states.

 

Madakasira MLA Thippeswamy hoped the corridor would help the drought-hit-Madakasira and other parts of Anantapur because of closer connectivity.

Collector Gandham Chandrudu observed that the district administration would chalk out plans to make use of the industrial corridor for the benefit of the Anantapur people. Normally, a majority of skilled and unskilled labourers here depended on Bengaluru and Tumakuru areas for daily wage employment. “The Industrial corridor proposed very near to Anantapur district would impact positively on development,” he hoped.

 

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