Scaling New Heights

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Manoj Sharma. Scaling New Heights

SCALING NEW HEIGHTS

Contents

Tables, Figures, and Boxes

Foreword

Acknowledgments

The Study Team

Abbreviations

Toward a New Approach to Rapid Industrialization

Driving Economic Growth: Boosting India’s Manufacturing Performance

Unleashing Growth with the Right Policy Mix

Economic Corridors—Instruments of Growth

Status of Economic Corridors

East Coast Economic Corridor—India’s First Coastal Corridor

Vizag–Chennai Industrial Corridor— Realizing the Vision

Proposing Node-Based Industrial Development

Constructing Industrial Clusters

Urbanization alongside Industrial Development

Supporting Coastal Economic Zones and Special Economic Zones through Economic Corridor Development

Organization of the Book

Realizing Manufacturing Strength

Tapping into Global Value Chains

“Slicing” the Production Process

Identifying Constraints to Industrial Growth in India

Moving Toward a Business-Induced Future

Identifying Prospective Industries

Dissecting Policy Constraints to Poor Industrial Performance

Recognizing the Costs of Over-Regulation and Market Failure

Connecting the Smaller Firms

Addressing Binding Constraints to Industrial Performance in Vizag–Chennai Industrial Corridor

Commending Efforts to Improve the Business Environment

Promoting Skills Development

Easing the Process for Setting up a Business

Advancing Much-Needed Reforms

Facilitating the Process for Closing a Business

Tackling India’s Rigid Exit Norms

Recognizing Promising Labor Reform Initiatives

Pushing for Labor Reforms

Streamlining Regulations and Compliance

Streamlining Logistics and Trade Facilitation. Ports and Shipping

Trade Facilitation

Setting up a Management Authority

Synchronizing Industrial and Urban Development

Addressing the Difficulty of Securing Land for Industrial Development

Reconciling the Competing Objectives of Industrial and Urban Development

Supporting Integrated Regional Planning

Addressing Land Acquisition Issues

Describing the Four Industrial Nodes

Vizag—The Most Industrially Developed Node

Kakinada—Land and a Deep-Draft Port Ripe for Development

Gannavaram–Kankipadu—Access to South Central Railway

Srikalahasti–Yerpedu—Proximity to Tirupati’s Tourists and Chennai’s International Airport

Achieving International Benchmarks

Promoting the Vizag–Chennai Industrial Corridor Gateways

Describing the Current State of Ports

Seizing Opportunities by Accelerating Cargo Agglomeration

Capitalizing on Two Mega Container Ports

Outlining the Ports Projects

Supporting Connectivity among Hinterland Centers, Gateways, and Nodes

Fostering Air Route Connectivity

Strengthening the Vizag–Chennai Industrial Corridor Spines and Grids

Categorizing Rail Traffic

Summarizing the Transport Infrastructure Projects

Powering Up the Corridor

Understanding the Energy Supply–Demand Gap

Revisiting Power Generation in Andhra Pradesh

Adding Transmission Capacity

Expanding the Distribution System

Responding to the Need for Additional Power Infrastructure

Addressing Urban Infrastructure Requirements

Improving Water and Waste Management Infrastructure

Expanding the Public Transport System

Filling the Gap for Additional Investments

Taking India to New Heights. Industrial Development through Economic Corridors. India’s industrial potential

The economic corridor development strategy

Port-led industrialization—coastal economic corridor

Harnessing Key Elements of India’s First Coastal Corridor. Unifying the domestic market and tapping into global value chains

Revitalizing the regulatory framework

The locus of transformation—four industrial nodes

Improving the infrastructure network

Greater Vision for East Coast Economic Corridor. Expansion and prospects for a regional corridor

References

Footnotes

Отрывок из книги

VIZAG-CHENNAI INDUSTRIAL CORRIDOR INDIA’S FIRST COASTAL CORRIDOR

Sabyasachi Mitra • Rana Hasan • Manoj Sharma • Hoe Yun Jeong • Manish Sharma • Arindam Guha

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I extend my appreciation to the team leaders of this initiative, Sabyasachi Mitra, Rana Hasan, Manoj Sharma, and Hoe Yun Jeong; the India Resident Mission; and South Asia Department staff and consultants for adding to our knowledge and understanding of economic corridor development.

This publication underlines the Asian Development Bank’s intention to provide developing member countries with knowledge products needed to maximize development effectiveness. This book is an outcome of the Asian Development Bank’s commitment to responding to the region’s infrastructure investment needs in order to help unlock its full economic potential. I am certain that this book will provide valuable policy insights to governments, academics, private sector and other key stakeholders across the region.

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