New Delhi, May 28 -- The Cabinet Committee on Economic Affairs chaired by the Prime Minister Narendra Modi, on Wednesday approved the construction of 108.134 km long, 4-Lane Badvel-Nellore Corridor. The cost of this project will come around Rs 3653.10 crore.

This project will make easy accessibility to important nodes in the three Industrial Corridors of Andhra Pradesh, i.e., Kopparthy Node on the Vishakhapatnam-Chennai Industrial Corridor (VCIC), Orvakal Node on Hyderabad-Bengaluru Industrial Corridor (HBIC) and Krishnapatnam Node on Chennai-Bengaluru Industrial Corridor (CBIC).

Along with this, this is likely to have a positive impact on the Logistic Performance Index (LPI) of the country.

"Badvel Nellore Corridor starts from Gopavar...