The Centre has finally included AP in the Chennai-Bengaluru Industrial Corridor (CBIC), being planned along the lines of Delhi-Mumbai Industrial Corridor (DMIC). The move will give a thrust to the industrial development in border districts like Nellore, Chittoor and Anantapur. Minister for major industries J. Geeta Reddy said that it was only made possible due to the lobbying by Chief Minister N. Kiran Kumar Reddy. During the Southern Zonal Council meeting in Bengaluru last month, the CM had impressed upon the Centre the economic potential of the region and how it could ensure world class infrastructure, economic development and employment generation.
Speaking to the press at Jubilee Hall here on Saturday, the major industries minister said the corridor, being developed with financial and technical support from the Japanese government, in the first phase would be extended up to Krishnapatnam port in Nellore district and in the second phase to the Hindupur-Chittoor belt. She added that the state-of-the-art International Pharma Trade Centre and Research and Innovation Council of Hyderabad (RICH) to come up on 10 acres in Raidurg in March, 2013, will be a hub for global business meetings and innovations. “The state government is keen to develop infrastructure along the corridor which passes through Nellore, Anantapur and Hindupur which will offer attractive options for industries with provisions of rapid transport and quality infrastructure,” Dr Geeta Reddy said.