CHENNAI, JULY 21: 

The Japan International Cooperation Agency will complete the feasibility report for the first phase of the Chennai-Bangalore Industrial Corridor by September.

According to Mr Shin Oya, Chief Representative (India), Japan Bank for International Cooperation, the project is quite important for the Japan-India relationship.

Speaking at a national conference on the project organised by the Assocham along with the Madras Chamber of Commerce and Industry, Mr Oya said that the project could be a good investment for urbanisation. While there are infrastructure bottlenecks, the project could be a ‘change maker’, he said. Read more