Development of East Coast Economic Corridor and Vizag-Chennai Industrial Corridor

Development of East Coast Economic Corridor and Vizag-Chennai Industrial Corridor PDF Author: Pritam Banerjee
Publisher:
ISBN:
Category :
Languages : en
Pages : 47

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Book Description
The East Coast Economic Corridor (ECEC)--India's first coastal corridor--is an example of an integrated economic development initiative. The key idea behind the corridor is port-based industrial development along the eastern coastal belt of India, in alignment with the goals of the Sagarmala initiative, and integration of India's industrial clusters with value chains extending to Southeast Asia and East Asia.The development of the ECEC will start with Vizag-Chennai Industrial Corridor (VCIC) which covers about 800 kilometers and includes several port clusters as well as major industrial clusters. Given the importance of the ECEC and VCIC, there is a need for careful assessment of important issues.This paper provides a detailed discussion of the policies and strategies that should be considered to attain the overall objective of improving shipping and air connectivity in ECEC and VCIC while developing an enabling environment for efficient logistics support businesses that play a critical role in the management of global supply chains. It discusses the issues that inhibit the growth of connectivity and investment in logistics services rather than on physical infrastructure gap analysis for individual ports and airports. It analyzes the legal and regulatory context, focusing on a corridor management perspective that investigates the existing framework of multijurisdictional coordination and rules that govern logistics operations, and advocates for regulatory reform. Specific proposals include policy reforms to support development of a major hub port on the eastern coast of India and a major air cargo hub at Chennai; (ii) the streamlining of customs procedures and removal of protective measures in road freight markets; and (iii) the establishment of Free Trade and Warehousing Zones.

Development of East Coast Economic Corridor and Vizag-Chennai Industrial Corridor

Development of East Coast Economic Corridor and Vizag-Chennai Industrial Corridor PDF Author: Pritam Banerjee
Publisher:
ISBN:
Category :
Languages : en
Pages : 47

Get Book Here

Book Description
The East Coast Economic Corridor (ECEC)--India's first coastal corridor--is an example of an integrated economic development initiative. The key idea behind the corridor is port-based industrial development along the eastern coastal belt of India, in alignment with the goals of the Sagarmala initiative, and integration of India's industrial clusters with value chains extending to Southeast Asia and East Asia.The development of the ECEC will start with Vizag-Chennai Industrial Corridor (VCIC) which covers about 800 kilometers and includes several port clusters as well as major industrial clusters. Given the importance of the ECEC and VCIC, there is a need for careful assessment of important issues.This paper provides a detailed discussion of the policies and strategies that should be considered to attain the overall objective of improving shipping and air connectivity in ECEC and VCIC while developing an enabling environment for efficient logistics support businesses that play a critical role in the management of global supply chains. It discusses the issues that inhibit the growth of connectivity and investment in logistics services rather than on physical infrastructure gap analysis for individual ports and airports. It analyzes the legal and regulatory context, focusing on a corridor management perspective that investigates the existing framework of multijurisdictional coordination and rules that govern logistics operations, and advocates for regulatory reform. Specific proposals include policy reforms to support development of a major hub port on the eastern coast of India and a major air cargo hub at Chennai; (ii) the streamlining of customs procedures and removal of protective measures in road freight markets; and (iii) the establishment of Free Trade and Warehousing Zones.

Scaling New Heights

Scaling New Heights PDF Author: Sabyasachi Mitra
Publisher: Asian Development Bank
ISBN: 9292574027
Category : Business & Economics
Languages : en
Pages : 174

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Book Description
Spanning more than 800 kilometers of India's eastern coastline, the Vizag–Chennai Industrial Corridor (VCIC) is part of the country's East Coast Economic Corridor. This initiative can help unify the large domestic market as well as integrate the Indian economy with the dynamic global value chains of Asia and drive India's Act East policy. VCIC will also be an important component of the government's Make in India campaign to attract foreign investors and encourage the creation of manufacturing hubs in the country. The new industrial corridor is expected to spur growth by augmenting existing investment in world-class transport networks, infrastructure, and industrial and urban clusters that are supported by a robust institutional framework and a competitive business environment. By linking areas that are lagging in development with dynamic industrial and urban clusters, VCIC will create employment opportunities that alleviate poverty and reduce inequality. As a coastal corridor, VCIC can provide multiple access points to international gateways. Greater connectivity and economic integration between South Asia and the rest of Asia is likely to contribute significantly to development and foster regional cooperation as well.

Economic Corridor Development: From Conceptual Framework to Practical Implementation-Guidance Note

Economic Corridor Development: From Conceptual Framework to Practical Implementation-Guidance Note PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292703196
Category :
Languages : en
Pages : 97

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Book Description


Leveraging Global Production Networks

Leveraging Global Production Networks PDF Author: Meenu Tewari
Publisher:
ISBN:
Category :
Languages : en
Pages : 60

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Book Description
This paper explores the conditions under which India's new economic corridors, particularly the Vizag-Chennai Industrial Corridor in Andhra Pradesh, can benefit from strategic participation in global value chains and integration with global production networks. It identifies how engagement in global value chains improve domestic capabilities and support industrial upgrading and job creation.

INDIA 2022

INDIA 2022 PDF Author: Publications Division
Publisher: Publications Division Ministry of Information & Broadcasting
ISBN: 9354094791
Category : Reference
Languages : en
Pages : 1188

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Book Description
This is a Reference Annual, a yearbook carrying all the information of central government schemes, programmes and policies. Information of States and UTs is also included in the Reference Book.

Asia-Africa Growth Corridor

Asia-Africa Growth Corridor PDF Author: Sachin Chaturvedi
Publisher: Springer Nature
ISBN: 9811555508
Category : Business & Economics
Languages : en
Pages : 259

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Book Description
This book is a rich addition to the existing knowledge on models of development partnership among developing countries. Unlike the Belt and Road Initiative (BRI), which exclusively focuses on physical infrastructure development with a strong financing component by China, the Asia–Africa Growth Corridor (AAGC) envisages a holistic approach toward development partnership based on the spirit of triangular cooperation, demystifying the donor-recipient model of development cooperation. By integrating four distinct pillars of cooperation – connectivity and physical infrastructure, capacity building and skill development, development cooperation projects, and people-to-people and business-to-business partnerships – the book provides a succinct account of how a demand-driven people-centric model of engagement among Asian and African countries could help achieve inclusive and sustainable development without creating any fatal dependence on specific countries or institutions for external funding. In sixteen chapters, the book covers various theoretical, analytical, and policy discussions with respect to the concept and modalities of the growth corridor approach under the free, open, and inclusive Indo-Pacific; potential opportunities and challenges in economic sectors and fields like agriculture, manufacturing, trade and investment, urbanization, industrialization, human resource development, and the blue economy; social sector priorities including health, education, skill development, disaster management, and women’s participation; and policy issues relating to trade facilitation, the identification of joint projects, modalities and instruments of project execution, and related aspects. The book offers a valuable resource for students and research scholars working in the fields of development economics, development cooperation, international political economy, and international economic relations. It also serves as a handbook for governments and policymakers on issues concerning the suitability of development projects, sources of and innovations in financing, implementation and execution challenges, private sector involvement, and so on.

INDIA 2023

INDIA 2023 PDF Author: Publications Division
Publisher: Publications Division Ministry of Information & Broadcasting
ISBN: 9354098169
Category : Reference
Languages : en
Pages : 1237

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Book Description
This is a Reference Annual, a yearbook carrying all the information of central government schemes, programmes and policies. Information of States and UTs is also included in the Reference Book.

Asian Economic Integration Report 2018

Asian Economic Integration Report 2018 PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292613553
Category : Business & Economics
Languages : en
Pages : 351

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Book Description
This publication is the annual report of the Asian Development Bank (ADB) on Asia's progress in regional cooperation and integration. It covers ADB's 48 regional members and analyzes regional and global economic linkages. This year's special chapter, "Toward Optimal Provision of Regional Public Goods in Asia and the Pacific," examines how collective action among countries can help find solutions to growing transnational development challenges. It discusses how to best provide regional public goods that transcend the so-called "collective action problem," which occurs when individual interests are too weak on their own to drive cooperation on common issues. The chapter suggests that multilateral development banks should act as honest broker in enhancing mutual trust and facilitating regional cooperation for regional public goods.

India 2020

India 2020 PDF Author: Publications Division
Publisher: Publications Division Ministry of Information & Broadcasting
ISBN: 8123032749
Category : Reference
Languages : en
Pages : 892

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Book Description
India 2020 - A Reference Annual is a comprehensive digest of the country's progress in different fields.The book deals with all aspectsof development - from rural to urban, industry to infrastructure, science and technology to art and culture, economy, health, defence to education and mass communication. The sections on general knowledge, current affairs, sports and important events, are a must read for comprehensive understanding of these fields.

Future of Cities

Future of Cities PDF Author: Ashok Kumar
Publisher: Taylor & Francis
ISBN: 1000598942
Category : Social Science
Languages : en
Pages : 264

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Book Description
This book critically analyses the existing condition of cities in developing countries with special reference to planning and infrastructure networks in India. It provides an overview of the nature of opportunities presented by cities; major challenges that cities would face in future; and codifies the ways and means to transcend the challenges of contemporary urban growth and quality of urbanisation. It discusses key themes such as architecture of density, transformation of land-use zones to development zones, development of railway infrastructure, planning and design guidelines for bus rapid transit, and urban water planning and universal access to housing to create an enabling environment for deliberations and a better future for cities in the developing world. The book integrates insights from governance, planning, and design and highlights implications of spatial integration. It brings together current issues in Indian urbanisation, smart technologies used in building smart cities and high-rises, and urban and regional governance to explore forms of sustainable development planning that factor human needs. Accessible and topical, this book will be useful to scholars and researchers of urban studies, urban and city planning, development studies, sociology, public policy and administration, political sociology, anthropology, architecture, geography, and economics, as well as to professionals, planners, policymakers, and non-governmental organisations.