The government on Wednesday approved a multi-modal logistics and transport hub at Greater Noida in Uttar Pradesh with a view to making India a strong player in the global value chain.
The Union Cabinet also approved a proposal to set up industrial corridor nodes at Krishnapatnam and Tumakuru under CBIC, said Minister of Information and Broadcasting Prakash Javadekar.
"The proposals have a total estimated cost of Rs 7,725 crore and an estimated employment generation of more than 2.8 lakh persons," the minister said.
These projects will position India as a strong player in global value chains with developed land parcels in cities for immediate allotment for attracting investments, he added.
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