Kochi Palakkad Industrial Corridor Struggle now Solved

Published on: 27 Apr, 2013
Published under: Ernakulam District News, Kerala Business News, Palakkad District News

26 April 2013

Anand Sharma, Union Minister of Commerce,Industries and Textiles announced here on Friday that the pre-requisite of contiguous land as laid in the National Investment and Manufacturing Zones (NIMZ), had been dispensed away for Kerala, considering the fact that the state had no land banks.

The struggle of the state for notching up its share in the growth of the industrial sector got a much-needed fillip on Friday in the form of a waiver on the stringent conditions for making vast tracts of land available for the Kochi-Palakkad-Coimbatore Industrial corridor.

Kerala will have to find 5,200 acres of land for facilitating the setting up of industries in the corridor stretch. Addressing a news conference here on Friday, flanked by Chief Minister Oommen Chandy and other top central officials, Anand Sharma said that the Kochi-Palakkad-Coimbatore Industrial corridor would be next in the line of the already announced Delhi-Mumbai, Chennai-Bangalore and Bangalore-Mumbai industrial corridors in the country.

Source – http://newindianexpress.com/states/kerala/Kochi-Palakkad-Industrial-corridor-Norms-relaxed/2013/04/27/article1563392.ece

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