+
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 Urban

Digital First: Bridging the Skilled Talent Gap in India’s Construction Sector

India stands at a defining juncture in its economic journey as it accelerates toward becoming a US$7 trillion economy by 2030. India’s construction sector, encompassing infrastructure and real estate development will play a pivotal role in its economic transformation. Expansion in developments such as the national highways, smart cities, airports, metro networks, logistics hubs, housing, etc. underscores the physical expression of India’s development ambition. The construction sector is already the second-largest contributor to India’s GDP, accounting for nearly 18 per cent of total..

Next Story
Infrastructure Transport

Titagarh Rail to Raise Rs 2 billion via Preferential Allotment to Promoters

Titagarh Rail Systems has announced a proposal to raise approximately Rs 2 billion through a preferential issue of 21,16,402 convertible warrants to members of its Promoter Group. The board of directors approved the move at its meeting held on July 9, 2025, subject to shareholder and regulatory approvals. The warrants, priced at Rs 945 each, will be allotted to Mrs Rashmi Chowdhary and Mr Prithish Chowdhary in line with Chapter V of SEBI’s ICDR Regulations. Each warrant is convertible into one equity share of ₹2 face value within 18 months from the date of allotment.   ..

Next Story
Real Estate

Hindware Strengthens Eastern Footprint with New Brand Store in Kolkata

Bathware major Hindware has expanded its retail footprint in West Bengal with the launch of a new state-of-the-art brand store in Ichapore, Kolkata. This marks the company’s fourth brand store in the city and 30th in the state, underlining its strategic focus on the eastern market. The newly launched store, operated by Tirupati Sales Corporation, showcases the entire spectrum of Hindware’s bathware offerings, including sanitaryware, faucets, showers, basins, and products from its premium lines — Queo and the Hindware Italian Collection. It is aimed at providing an immersive experien..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?