Naidu To Launch Rs 567.6 Million Industrial Projects In Chittoor
ECONOMY & POLICY

Naidu To Launch Rs 567.6 Million Industrial Projects In Chittoor

Andhra Pradesh Chief Minister Nara Chandrababu Naidu will on 11 November 2025 virtually inaugurate and lay foundation stones for industrial parks and infrastructure projects worth Rs 567.6 million in Chittoor district.

Speaking to the media on Monday, District Collector Sumit Kumar said the initiatives, launched as part of the 30th Partnership Summit 2025, aim to strengthen micro, small, and medium enterprise (MSME) development across the State. The projects will be virtually launched by the Chief Minister from Prakasam district.

Spread across 116 acres, the new projects are designed to attract local entrepreneurs, create employment, and boost the district’s industrial ecosystem. Among the key initiatives is the MSME Industrial Park at Venkatapuram, to be inaugurated on 68 acres with an investment of Rs 143 million.

Additionally, the Chief Minister will lay the foundation stone for the Flatted Factory Complex at Pandarlapalli in Kuppam, set up on five acres at a cost of Rs 156.6 million.

Two more MSME Parks are also on the agenda:

One at Chadalla village in Punganur mandal, spread over 21.8 acres with an investment of Rs 100 million.

Another at Mangadu village in Nagari mandal, covering 20 acres, to be developed at Rs 173 million.

Collector Sumit Kumar noted that these developments would position Chittoor as a regional hub for small-scale industries, fostering balanced economic growth and entrepreneurial development across southern Andhra Pradesh.

"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."

Andhra Pradesh Chief Minister Nara Chandrababu Naidu will on 11 November 2025 virtually inaugurate and lay foundation stones for industrial parks and infrastructure projects worth Rs 567.6 million in Chittoor district. Speaking to the media on Monday, District Collector Sumit Kumar said the initiatives, launched as part of the 30th Partnership Summit 2025, aim to strengthen micro, small, and medium enterprise (MSME) development across the State. The projects will be virtually launched by the Chief Minister from Prakasam district. Spread across 116 acres, the new projects are designed to attract local entrepreneurs, create employment, and boost the district’s industrial ecosystem. Among the key initiatives is the MSME Industrial Park at Venkatapuram, to be inaugurated on 68 acres with an investment of Rs 143 million. Additionally, the Chief Minister will lay the foundation stone for the Flatted Factory Complex at Pandarlapalli in Kuppam, set up on five acres at a cost of Rs 156.6 million. Two more MSME Parks are also on the agenda: One at Chadalla village in Punganur mandal, spread over 21.8 acres with an investment of Rs 100 million. Another at Mangadu village in Nagari mandal, covering 20 acres, to be developed at Rs 173 million. Collector Sumit Kumar noted that these developments would position Chittoor as a regional hub for small-scale industries, fostering balanced economic growth and entrepreneurial development across southern Andhra Pradesh.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement