30 September 2024 : PIB Summary For UPSC

1. Prime Minister Modi Dedicates Bidkin Industrial Area to the Nation

(Source – https://pib.gov.in/PressReleseDetail.aspx?PRID=2060099&reg=3&lang=1 )

Context

Prime Minister Modi inaugurated the Bidkin Industrial Area in Marathwada, Maharashtra, aiming to boost regional economic growth. The project, part of the Delhi-Mumbai Industrial Corridor, will attract ₹56,200 crore in investments and create 30,000 jobs, fostering industrial development.

Bidkin Industrial Area (BIA):

Economic Impact: Aims to boost industrial growth, generate employment, and align with “Make in India, Make for the World” vision.

Location: Bidkin Industrial Area (BIA) is located 20 km south of Chhatrapati Sambhaji Nagar, Marathwada, Maharashtra.

Development: Spans 7,855 acres, developed under the National Industrial Corridor Development Programme (NICDP) as part of the Delhi-Mumbai Industrial Corridor.

Connectivity: Well-connected by NH-752E, 20 km from Aurangabad railway station, 30 km from Aurangabad Airport, and 65 km from Jalna Dry Port.

Project Cost: Total cost of ₹6,414 crore; Phase A (2,511 acres) with an investment of ₹2,427 crore.

Infrastructure: Equipped with wide roads, water, power supply, sewage, and common effluent treatment plants.

Investments: Over ₹56,200 crore investment from companies like Ather Energy, Lubrizol, Toyota-Kirloskar, and JSW Green Mobility.

Job Creation: Expected to create over 30,000 jobs.