The Cabinet Committee on Economic Affairs chaired by Prime Minister on Wednesday approved industrial corridor nodes at Andhra Pradesh's Krishnapatnam and Karnataka's Tumakuru under Chennai-Bengaluru Industrial Corridor (CBIC) and Multi Modal Logistics Hub and Multi Modal Transport Hub (MMTH) at Greater Noida.

The construction of Krishnapatnam Industrial Area in Andhra Pradesh has got the Cabinet's approval with an estimated cost of the project of Rs 2,139.44 crores and Tumakuru Industrial Area in Karnataka with an estimated cost of Rs 1,701.81 crores.

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(From: Business- Standard)