Centre okays logistics hub in UP, industrial corridor nodes in South

The Union Government has approved two key proposals - setting up a multi-modal logistics and transport hub in Greater Noida, Uttar Pradesh and industrial corridor nodes at Krishnapatnam, Andhra Pradesh and Tumakuru, Karnataka. The industrial corridors would come up under the Chennai-Bangalore Industrial Corridor (CBIC) project. The proposals have a total estimated cost of Rs.77.25 bn and an estimated employment generation of more than 280,000 persons. The logistics hubs are proposed to come up in Gujarat, Punjab, Rajasthan, Uttar Pradesh and Maharashtra.