The Palakkad Industrial Smart City is an under construction greenfield industrial smart city spread over an area of 1,710 acres (6.9 km2) Palakkad district,[1][2][3] Kerala, India. It is a part of the Kochi Bengaluru Industrial Corridor Project, The Economic Affairs Committee of the Union Cabinet has approved 12 Industrial Smart Cities in ten states including Palakkad Industrial Smart City in Kerala.[4][5]
Palakkad Industrial Smart City | |
|---|---|
Industrial city | |
  Palakkad Industrial Smart City | |
| Country | India |
| State | Kerala |
| District | Palakkad |
| Area | |
• Total | 1,540 ha (3,806 acres) |
Overview
editThe Union Cabinet approved the Palakkad industrial city, part of a 12-city initiative under the National Industrial Corridor Development program. The city will be built on 1,710 acres, with an estimated investment of ₹28,602 crore. Palakkad is a key component of the Kochi-Bengaluru industrial corridor, expected to attract ₹10,000 crore in Kerala. The Government of Kerala acquired 82% of the land in 2022. The project received approvals from the National Industrial Corridor Trust Board and the Environment Ministry. A special purpose vehicle, Kerala Industrial Corridor Development Corporation, has been formed. Once the master plan and detailed project report are finalized, the tendering process will begin.[6]
Palakkad industrial city will focus on medical, chemical, botanical products, hi-tech industry, non-metallic mineral products, fabricated metal products, rubber-plastic products, machinery and equipment.[citation needed]
See also
editReferences
edit- ↑ "Palakkad industrial smart city project receives Centre's approval". 28 August 2024 – via www.thehindu.com.
- ↑ Service, Express News (29 August 2024). "Rs 3,806-crore Industrial Smart City to come up in Palakkad". The New Indian Express.
- ↑ "ഇൻഡസ്ട്രിയൽ സ്മാർട്ട് സിറ്റി പ്രഖ്യാപനം: വ്യവസായക്കുതിപ്പിനൊരുങ്ങി പാലക്കാട്". Mathrubhumi. 29 August 2024.
- ↑ Raghunath, Arjun. "Centre's nod to develop Palakkad as industrial smart city provides a boost for Kochi-Bengaluru industrial corridor". Deccan Herald.
- ↑ "Cabinet approves setting up of 12 industrial smart cities; gives nod to 4 other major projects". 28 August 2024 – via The Economic Times - The Times of India.
- ↑ The Hindu Bureau (28 August 2024). "Palakkad industrial smart city project receives Centre's approval". The Hindu. Retrieved 30 August 2024.