3 New Smart Cities planned in Chennai-Bengaluru Industrial Corridor Region

The Union Finance Minister Shri Arun Jaitley while presenting his first Budget in Parliament today said that the Master planning of three new smart cities in the Chennai-Bengaluru Industrial Corridor region, viz., Ponneri in Tamil Nadu, Krishnapatnam in Andhra Pradesh and Tumkur in Karnataka will also be completed. The perspective plan for the Bengaluru Mumbai Economic Corridor (BMEC) and Vizag-Chennai corridor would be completed with the provision for 20 new industrial clusters.

The Finance Minister said that Kakinada, its adjoining areas and the port will be developed as the key drivers of economic growth in Andhra Pradesh with a special focus on hardware manufacturing.

Source : Press Information Bureau

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