Andhra Pradesh govt to support development of industrial parks
ECONOMY & POLICY

Andhra Pradesh govt to support development of industrial parks

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.

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.

Next Story
Infrastructure Transport

India’s Maha Kumbh of Road Construction

The RAHSTA Forum 2025, held on June 25 at Courtyard by Marriott, Mumbai, delivered powerful insights and dialogue on the future of India’s roads and highways sector. Organised by the FIRST Construction Council, the Forum served as the curtain-raiser to the much-anticipated RAHSTA Expo 2025, set to take place on 3rd and 4th September at the Jio Convention Centre, Mumbai.Union Minister of Roads Transport & Highways Shri Nitin Gadkari, while appreciating the efforts of FIRST Construction Council and ASAPP Info Global Group, commended the awards which recognise excellence across various..

Next Story
Real Estate

Built to Last, Designed to Impress

The construction and interior design industries stand at the confluence of functionality and aesthetics, where innovation powers the creation of enduring structures and inspiring spaces. At the heart of this process are materials and solutions that enable architects, designers, and builders to realise their visions with precision and reliability.Featuring iconic brands such as Fevicol—synonymous with adhesive solutions—Dr. Fixit, a complete waterproofing system renowned for addressing every critical area of construction, and Roff, a specialist in tile-fixing solutions, Pidilite has earned ..

Next Story
Infrastructure Energy

New Push to Cut India’s Air Pollution through Power Sector Reforms

In a significant stride toward environmental sustainability, Cummins India introduced CPCB IV+ compliant gensets to India on July 5, 2023, marking a paradigm shift in the power generation industry. These generators are engineered to adhere to the progressive emission norms set by the Ministry of Environment, Forest, and Climate Change. Being the first sets in the field, they have garnered praise for their remarkable achievements in emissions reduction and cutting-edge technology. Powerica, with its four-decade-long partnership with Cummins India Limited, is dedicated to consistently deliver th..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?