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Visakhapatnam–Chennai Industrial Corridor (VCIC), also Vizag–Chennai Industrial Corridor, is a key part of the East Coast Economic Corridor (ECEC), India's first coastal corridor. VCIC is aligned with the Golden Quadrilateral and is poised to play a critical role in driving India’s Act East Policy and Make in India campaign.
Alongside ECEC, four more industrial corridor projects (Delhi-Mumbai, Chennai-Bengaluru, Bengaluru-Mumbai, and Amritsar Kolkata) have been identified, planned, and launched by the GoI. These corridors are spread across India, with a strategic focus on inclusive development to provide an impetus to industrialization and planned urbanization.
Andhra Pradesh Special Economic Zone or APSEZ is an Industrial special economic zone situated in the city of Visakhapatnam, ...
The Chennai-Bangalore Industrial Corridor Project is an upcoming mega infrastructure project of Government of India. The corridor plans to come up along Chennai , Sriperumbudur , Ponnapanthangal, Ranipet , Suburbans of Vellore , Chittoor , Bangarupalem , Palamaner , Bangarpet , Hoskote and Bangalore .
APIIC has been the principal facilitator in mega-projects such as HITEC City, now in Telangana; [2] Special Economic Zones such as Sricity, a developing Satellite City in the epicentre of Andhra Pradesh and Tamil Nadu. Visakha Industrial Water Supply, Gangavaram Port, Convention Centre and Mega Industrial Parks at Parawada.
It was changed to the Visakapatnam Special Economic Zone on 1 January 2003. The zone consists of an area of 360 acres. The Development Commissioner, the administrative head of the zone, is also the head of all 53 special economic zones in Andhra Pradesh, Chhattisgarh and the union territory of Yanam. From these SEZs, seven are multipurpose SEZs ...
A last-minute $300bn climate finance deal has been secured at Cop29 after a dramatic day of prolonged negotiations, which saw walkouts by vulnerable nations and protests echoing through the corridors.
An industrial corridor is a package of infrastructure spending allocated to a specific geographical area, with the intent to stimulate industrial development. [ 1 ] An industrial corridor aims to create an area with a cluster of manufacturing or another industry.