Andhra Pradesh govt to support development of industrial parks

28 Oct 2024 CW Team

Dr N Yuvaraj, Secretary (Industries), highlighted that these private industrial parks, featuring ‘plug and play’ infrastructure, would create an environment conducive to enterprises aiming to diversify their manufacturing base or expand into new markets, all while maintaining climate goals. He added that the policy seeks to attract enterprises looking to establish operations in India, positioning Andhra Pradesh as a preferred investment destination. Additionally, Andhra Pradesh Industrial Infrastructure Corporation (APIIC) will oversee the development of external infrastructure, including roads, water, and capital support for facilities like CETPs, desalination plants, industrial housing, and social infrastructure.

Industries Minister B C Janardhan Reddy stated that, given the rising number of industry proposals, the government aims to support the establishment of world-class industrial parks by the private sector. He explained that the policy is intended to foster a favourable environment to attract investment and drive job creation. Titled the "Andhra Pradesh Policy for Establishment of Private Industrial Parks with ‘Plug and Play’ Industrial Infrastructure," this policy will be in effect for five years.

The state government stipulated that common infrastructure within the industrial park—such as internal roads, drainage, street lighting, water distribution, electricity, gas distribution, and communication networks—would need to be shared among all units. Additionally, it clarified that operations would be officially recognised once at least 50% of the land designated for industrial activity had been sold or leased to industrial units, and at least 50% of the total planned fixed capital investment for park development had been incurred to qualify for clearance.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

In its efforts to transform Andhra Pradesh into a progressive, highly industrialised state, the government has introduced a policy aimed at supporting the development of private industrial parks. This new policy is designed to encourage increased participation from potential developers, stimulate industrial growth, and generate employment, with expectations of a positive multiplier effect on the state’s economy. Dr N Yuvaraj, Secretary (Industries), highlighted that these private industrial parks, featuring ‘plug and play’ infrastructure, would create an environment conducive to enterprises aiming to diversify their manufacturing base or expand into new markets, all while maintaining climate goals. He added that the policy seeks to attract enterprises looking to establish operations in India, positioning Andhra Pradesh as a preferred investment destination. Additionally, Andhra Pradesh Industrial Infrastructure Corporation (APIIC) will oversee the development of external infrastructure, including roads, water, and capital support for facilities like CETPs, desalination plants, industrial housing, and social infrastructure. Industries Minister B C Janardhan Reddy stated that, given the rising number of industry proposals, the government aims to support the establishment of world-class industrial parks by the private sector. He explained that the policy is intended to foster a favourable environment to attract investment and drive job creation. Titled the Andhra Pradesh Policy for Establishment of Private Industrial Parks with ‘Plug and Play’ Industrial Infrastructure, this policy will be in effect for five years. The state government stipulated that common infrastructure within the industrial park—such as internal roads, drainage, street lighting, water distribution, electricity, gas distribution, and communication networks—would need to be shared among all units. Additionally, it clarified that operations would be officially recognised once at least 50% of the land designated for industrial activity had been sold or leased to industrial units, and at least 50% of the total planned fixed capital investment for park development had been incurred to qualify for clearance.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Infrastructure Transport

06 Jul 2026

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Infrastructure Transport

06 Jul 2026

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..