Hyderabad, June 06: Continuing its efforts vigorously to promote industrial development and leverage the potential of human and natural resources in the state, the State Government has come up with a fresh proposal to initiate the process for setting up Southern Industrial Corridor.
To be modelled on the lines of the Delhi-Mumbai Industrial Development Corridor, the Southern corridor would span from Bangalore to Chennai covering Andhra Pradesh.
Chief Minister K Rosaiah said establishment of the southern corridor will enable the state to utilise Krishna- Godavari basin gas for the all round development of the State besides promoting satellite townships, with all modern facilities along the corridor.
In addition, the corridor would supplement the activities of the ambitious Petrol, Chemical and Petrochemical Investment Region (PCPIR) coming up between Kakinada and Visakhapatnam.
–Agencies