PROSPECTS FOR INDUSTRIAL DEVELOPMENT ALONG EASTERN DEDICATED FREIGHT CORRIDOR- DISTRICT CHANDAULI, UTTAR PRADESH

Abstract

Industrial Corridor is a rail or road corridor primarily to be used for freight movement. It supports the existing connectivity and increases mobility. Movement of goods can be done more efficiently and in lesser time. Industrial corridor is primarily to utilize the potential of a region to develop by insuring integration of Industries and Infrastructure. This induces economic activities to grow which boosts the economic and social development. On the other hand it also develops sound infrastructure and to meet world-class competitive infrastructure. Developing such corridors also acts as a magnet for investments in industrial and infrastructure sector also ensures potential exports in manufacturing. Overall it results in better economic condition, employment opportunities and a better livelihood. The strategy of an industrial corridor is thus intended to develop a sound industrial base, served by world-class competitive infrastructure as a prerequisite for attracting investments into export oriented industries and manufacturing. The main objective of this dissertation is to formulate strategies for industrial development along the upcoming freight corridor in Uttar Pradesh, which will also include a study of various concepts for industrial development along a dedicated freight corridor. The study area taken is along the Eastern dedicated freight corridor (EDFC), the second dedicated freight corridor in India, running from Ludhiana in Punjab to Dumkuni near Kolkata in West Bengal. Analyzing the demographics, infrastructure, resources, and policies related to Land and industries, to find the potentials and drawbacks of the district to come up with new industries. The land and industrial investment policy of Uttar Pradesh will be analyzed to check the implications of these policies in the district and recommend strategies for new industrial set ups and types of industries which would be appropriate for the district. Also reforms in the land and industrial policy if required will be suggested, to ensure development without hindrance due to policy flaws in the policy frame work.