Minister Lays Stone For Rs 575 Mn Leather Park In Prakasam
ECONOMY & POLICY

Minister Lays Stone For Rs 575 Mn Leather Park In Prakasam

The TDP-led NDA government is making significant strides towards transforming Prakasam district, particularly the western zone, into an industrial hub, with a focus on supporting the region’s poor and unemployed youth, said Social Welfare Minister Dr Dola Sree Bala Veeranjaneya Swamy. 

Swamy, along with Giddalur MLA M Ashok Reddy, Leather Industries Development Corporation of Andhra Pradesh (LIDCAP) Chairman Pilli Manikyala Rao, and other officials, laid the foundation stone for a leather park project with Rs 575 million in Yadavalli village of Racharla mandal on Saturday. 

The minister emphasised that the leather park and footwear industries will play a vital role in the region’s economic growth in the coming years. 

The State government has allocated 25 acres of land for the project. Later, the minister also launched road works worth Rs 70 lakh to link the Ongole-Nandyal route. 

On the occasion, Minister Swamy asserted that the government aims to provide 20 lakh job opportunities to unemployed youth over the next four years. He highlighted that the State government has successfully attracted investments worth Rs 6.5 lakh crore in various sectors, with a special focus on the Kanigiri area for recyclable energy resource industries and refinery projects in Ramayapatnam and Kandukur. These initiatives are expected to generate around 4 lakh job opportunities for the youth. 

Dr Swamy also stressed the government’s commitment to providing ample job opportunities to SC/ST unemployed youth, emphasising efforts to restore the SC Corporation’s past glory and strengthen LIDCAP. The government has promised to protect LIDCAP lands from land grabbers statewide, he said, commending the LIDCAP Chairman for his efforts in establishing these industrial units. 

MLA Ashok Reddy expressed gratitude to the government, Chief Minister, Minister Swamy, and LIDCAP Chairman for the establishment of the leather park in Giddalur, which has a significant SC/ST population. He further requested the government, through the Minister, to establish another leather processing industry in the region, which would greatly benefit the local SC community. 
                                         

The TDP-led NDA government is making significant strides towards transforming Prakasam district, particularly the western zone, into an industrial hub, with a focus on supporting the region’s poor and unemployed youth, said Social Welfare Minister Dr Dola Sree Bala Veeranjaneya Swamy. Swamy, along with Giddalur MLA M Ashok Reddy, Leather Industries Development Corporation of Andhra Pradesh (LIDCAP) Chairman Pilli Manikyala Rao, and other officials, laid the foundation stone for a leather park project with Rs 575 million in Yadavalli village of Racharla mandal on Saturday. The minister emphasised that the leather park and footwear industries will play a vital role in the region’s economic growth in the coming years. The State government has allocated 25 acres of land for the project. Later, the minister also launched road works worth Rs 70 lakh to link the Ongole-Nandyal route. On the occasion, Minister Swamy asserted that the government aims to provide 20 lakh job opportunities to unemployed youth over the next four years. He highlighted that the State government has successfully attracted investments worth Rs 6.5 lakh crore in various sectors, with a special focus on the Kanigiri area for recyclable energy resource industries and refinery projects in Ramayapatnam and Kandukur. These initiatives are expected to generate around 4 lakh job opportunities for the youth. Dr Swamy also stressed the government’s commitment to providing ample job opportunities to SC/ST unemployed youth, emphasising efforts to restore the SC Corporation’s past glory and strengthen LIDCAP. The government has promised to protect LIDCAP lands from land grabbers statewide, he said, commending the LIDCAP Chairman for his efforts in establishing these industrial units. MLA Ashok Reddy expressed gratitude to the government, Chief Minister, Minister Swamy, and LIDCAP Chairman for the establishment of the leather park in Giddalur, which has a significant SC/ST population. He further requested the government, through the Minister, to establish another leather processing industry in the region, which would greatly benefit the local SC community.                                          

Next Story
Real Estate

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

Next Story
Infrastructure Transport

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Next Story
Technology

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement