In order to drive industrial development across Karnataka, the Karnataka Government has reportedly approved 1,958 projects with an investment of Rs 3.5 trillion. Karnataka is expected to be the first state in the country in fiscal 2018-2019 in attracting such investments. These projects have the potential to create jobs for over 1 million people.
The Chennai-Kanyakumari Industrial Corridor worth Rs 64.48 billion is expected to become a reality as the Tamil Nadu Government has passed a bill to amend the Tamil Nadu Industrial Township Area Development Authority Act, 1997 (TNITADA).
Fourteen Coastal Economic Zones have been identified along the coastline of the country under the National Perspective Plan (NPP) of the Sagarmala Programme, informed Minister of State for Shipping and Finance Pon Radhakrishnan in a written reply to Lok Sabha.