India, Aug. 6 -- In accordance with its plan to connect the proposed Vadhavan port in Palghar district with other parts of the state by air, road and water, the state cabinet on Tuesday cleared a 104-km freight corridor between the port and the Samruddhi Expressway. The corridor is expected to open up market opportunities for various industries in Palghar, Nashik and the Mumbai Metropolitan Region.

The high-speed expressway between Tawa in Palghar and Bharvir in Chandwad, Nashik, to be built at a cost of Rs.2,529 crore, is expected to be completed in three years. It will reduce the distance between the two points from 183.48 km to 104.9 km while the travel time will come down from five hours to around 1.5 hours.

The state cabinet on Tue...