BIZ-HIGHWAY-CII

By PTI  
Thursday, June 14, 2018

Chennai-Salem Greenfield highway will be a "game changer":CII Chennai, June 14 (PTI): The Confederation of Indian Industry, Tamil Nadu, has termed the proposed Chennai-Salem Greenfield Highway as a "game changer" which would enhance economic growth of the central districts in the state. The project would work towards the creation of a balanced regional development ecosystem with focus on Tier II cities like Salem, CII-TN, Chairman, M Ponnuswami said. "The project would be a game changer in enhancing the economic growth of central districts of Tamil Nadu", he said. Noting that the expressway would reduce the cost of transport, particularly for manufacturing industries, in a statement, he said "the project would also give a fillip to agro-processing industries". Salem being a major node for the project have great potential in bringing new investments into the State as a Defence Corridor project was also planned, he said. In the budget for 2018-19, Union Finance Minister Arun Jaitley had announced that two defence industrial production corridors have been planned, the first of which would link Chennai-Bengaluru, connecting several industrial clusters. Tamil Nadu Chief Minister K Palaniswami recently informed the Assembly that the Rs 10,000 Crore 277.3 km long eight lane Chennai-Salem Greenfield project under Bharatmala Pariyojana programme would stimulate growth like the Mumbai-Pune, Delhi-Agra expressway projects. PTI VIJ APR APR APR APR

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