India considers partner UK to build 1000km Mumbai-Bangalore corridor

Discussion in 'Economy & Infrastructure' started by parijataka, May 17, 2013.

  1. parijataka

    parijataka Senior Member Senior Member

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    Why do we need UK help in building highways and townships ? Also, sure fire recipe for large scale ecological disaster in the beautiful state of Karnataka.

    India considers partnering UK to build 1000km Mumbai-Bangalore corridor

    LONDON: India is "actively considering" UK's offer of partnership to build the mega 1000-km corridor between Mumbai and Bangalore.

    A joint statement issued here after British Chancellor of the Exchequer George Osborne met Indian finance minister P Chidambaram for the sixth round of their annual economic and financial dialogue said India may also co-finance a feasibility study.

    According to forecasts, 5.8% of India's population growth would be in the corridor, contributing 11.8% of the country's gross domestic product growth by 2020.

    By 2030, if realized, the project could generate close to half a million jobs, while indirect jobs could bring the total in the region to two million.

    The idea was first pitched by Cameron during his recent India visit earlier this year. "With me I've got architects, planners and finance experts who can help India develop new cities and districts along the 1,000-km corridor that would link the financial capital of Mumbai with the IT hub of Bangalore," Cameron said.

    In the Bangalore-Mumbai corridor, the industrial areas that would be covered include Vasanth Narasapura (Tumkur), Bharamasagara (Chitradurga), Shimoga, Savanur (Hubli), Haveri, Kushtagi-Gadag, Yelburga (Gadag), Belur (Dharwad), Hukeri (Belgaum), Navanagara (Bagalkot). Tumkur is where a national investment and manufacturing zone (NIMZ) has been planned.

    NIMZ would be integrated industrial township spread over 5,000 hectres.

    The idea to set up the corridor also got official endorsement in Chidambaram's recent budget speech.

    Recently in another strong pitch to India, minister of state at the foreign and commonwealth office ( FCO) Hugo Swire told the TOI that "the concept has been given birth to and is presently in its infancy" with both parents - India and UK "keen to see it have a good life."

    Calling it a misnomer to call it a corridor that will generate investment projects worth up to $25 billion, Swire told TOI "Other corridors have been built in India by Japan. We are in dialogue on how to get UK to help India build the Mumbai Bangalore corridor. The fate of the corridor will be on whether states want it.

    Swire, who was part of Cameron's largest ever contingent to India earlier this year said "it is a misnomer to call it a corridor. It is actually an entire belt that will have hospitals, schools, shops, malls, accomodation, business sites and energy requirements. UK companies can do a great job in creating this infrastructure."

    Britain is the largest European investor in India, and more than half of Indian businesses in Europe are located in Britain. Trade between India and UK is set to double to around Rs 1.67 trillion by 2015. Cameron's office said officials on both sides have been working on the Mumbai-Bangalore project since last year and had produced an initial assessment of its scale and potential. The British government would be willing to co-fund a feasibility study, on a match funding basis, with the Indian government costing up to £1 million.
     
    Last edited: May 17, 2013
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  3. Tolaha

    Tolaha Senior Member Senior Member

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    Re: India considers partner UK to build 1000km Mumbai-Bangalore corrid

    Same as UK needing India's help to build cars and steel plants! :fkidding: And what about the beautiful state of Maharashtra, doesn't your usual plane route go over Maharashtra? (as you obviously don't use roads!). Folks, every time there is any infrastructure project announced in India, do we really have equate it with "ecological disaster"? India is starved of roads, trains and ports. We need a lot more of them! While we do have to try our best to minimize loss of forest cover while planning any such mega project, as we do have enough examples of countries suffering due to them, let's also remember that we are a country with an under-developed manufacturing sector and under-employed educated youth!

    Mumbai-Bangalore corridor in news again, due to the visit of UK's PM.
    Mumbai-Bangalore corridor set to create 25 lakh jobs - The Times of India

    An excellent project, if it works out as it is planned! The Bangalore-Chennai corridor would hardly be of any use to KA or AP due to the way it is planned and the say TN politicians have over any national project makes this corridor mostly redundant for KA and more so for AP. But the Mumbai-Bangalore corridor could be a real game changer. As the politicians of MH and KA are equally concerned (read it as equally inept if you wish) about these matters, the routes are most likely to be determined by technocrats! This makes the corridor most likely to have a higher chance of achieving its objectives.

    The objective of this project:

    The routes are not finalized yet. As per wiki, the route will cover these cities: Pune, Satara, Kolhapur, Belgaum, Dharwad, Davangere, Haveri, Chitradurga and Tumkur. Hopefully the actual route will be quite some distance from any of these cities. The focus has to be in building brand new cities, as in the excellent example that we see already shaping up, as in the Delhi-Mumbai corridor. Still better, avoid existing cities and highways altogether. Rather, connect it through towns that are not even connected currently, while not diverging too much from the end points. Hoping for a good planning and execution of this project, that results in futuristic cities in KA and MH.
     
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  4. praneetbajpaie

    praneetbajpaie Tihar Jail Banned

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    Re: India considers partner UK to build 1000km Mumbai-Bangalore corrid

    anybody who thinks England is a friend of India is an idiot (no offence), just have a look at their media.
     
  5. Dovah

    Dovah Untermensch Senior Member

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    Re: India considers partner UK to build 1000km Mumbai-Bangalore corrid

    You mean Daily Mail? It is more like IndiaTV on our side. It would be highly illogical to base our relation with a country on the comment section of a cheap tabloid, if a venture is profitable to us we should not hesitate to participate.

    Regarding idiotic, racist coments from the internet, you are welcome to contribute here.
     
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  6. Dinesh_Kumar

    Dinesh_Kumar Regular Member

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    Re: India considers partner UK to build 1000km Mumbai-Bangalore corrid

    Pray wat wonderful tech will the brits bring while constructing this 1000km road, that is not already available with homegrown giants like L&T, GMR, Tatas, Pallonji Mistry, etc.? Do UK, S. Korea and Japan invite our firms for road building contracts? Why are we dong this? Is it a dole for being friends with India, which at best of times is uncertain?
     
  7. SPIEZ

    SPIEZ Senior Member Senior Member

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    Re: India considers partner UK to build 1000km Mumbai-Bangalore corrid

    Capital is the main problem, as it has always been.
    Additionally, the companies you have mentioned, and many more will be getting more orders, so no worries there.

    Because they have a much better and a highly advanced infrastructure industry. Consider this the 103 story Empire State building was constructed in 1932. Plus South Korean and Japanese infrastructure make American infrastructure look simple.
     
    Last edited: Nov 23, 2013
  8. p2prada

    p2prada Stars and Ambassadors Stars and Ambassadors

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    Re: India considers partner UK to build 1000km Mumbai-Bangalore corrid

    That investment plan is 1/4th that of the Mumbai-Delhi corridor, but such large investments in the country is a good thing.
     
  9. Abhijeet Dey

    Abhijeet Dey Regular Member

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    Re: India considers partner UK to build 1000km Mumbai-Bangalore corrid

    Kolkata & North Eastern parts of India will be ignored again in infrastructure development.

     
  10. Abhijeet Dey

    Abhijeet Dey Regular Member

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    Re: India considers partner UK to build 1000km Mumbai-Bangalore corrid

    WIKILEAKS: South and West the best; rest holding India back says P. Chidambaram

     
  11. ashdoc

    ashdoc Senior Member Senior Member

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    Re: India considers partner UK to build 1000km Mumbai-Bangalore corrid

    not a single city of maharashtra !!:rolleyes:
     
  12. Tolaha

    Tolaha Senior Member Senior Member

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    Re: India considers partner UK to build 1000km Mumbai-Bangalore corrid

    :dude:

    [​IMG]

    To be honest, there doesn't seem to be much news on the MH side on this! I found many articles that mentioned the exact towns in KA that may be covered in this corridor but nothing similar regarding MH ones, other than this map! Any guesses why!?
     
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  13. Tolaha

    Tolaha Senior Member Senior Member

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    Re: India considers partner UK to build 1000km Mumbai-Bangalore corrid

    Mumbai-Bangalore is just one of the many corridors that MH will be working on.

    Maharashtra plans Mumbai-Bangalore industrial corridor | Business Standard

    Hopefully, they do manage to give a good amount of focus on all the projects!
     
  14. pkp8n

    pkp8n Regular Member

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    Re: India considers partner UK to build 1000km Mumbai-Bangalore corrid

    Well the problem with any foriegn funding is that it comes with whole lot of caveats attached. For example take the western dedicated freight corridor railway project, it is funded by the japanese. It has a clause that specifically says main jv partner has to be japs. Problem with this is there is virtually no competition Only 2 bidders qualified for delhi- ahmedabad. There are only 6 companies in japan that have this kind of experience . 3 dont wanna work in india . 3 are available . There will not be any competition for a 1800 km railway line costing roughly 700 million usd. The indian government needs to have some balls and negotiate harder.
     

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