+
Piyush Goyal Calls for Innovation in Andhra’s Industrial Nodes
ECONOMY & POLICY

Piyush Goyal Calls for Innovation in Andhra’s Industrial Nodes

Union Commerce & Industry Minister Piyush Goyal chaired a high-level review on 15 June 2025 in Guntur, focusing on progress across three industrial nodes under the National Industrial Corridor Development Corporation (NICDC) in Andhra Pradesh. The review covered:
  • Krishnapatnam Industrial Area along the Chennai–Bengaluru Industrial Corridor
  • Orvakal Industrial Area under the Hyderabad–Bengaluru Industrial Corridor
  • Kopparthy Industrial Area forming part of the Visakhapatnam–Chennai Industrial Corridor
Mr Goyal emphasised the need to foster innovation-friendly ecosystems within each node. He instructed administrators to:
  • Establish dedicated incubators for early-stage enterprises
  • Allocate zones specifically for MSMEs and startups with subsidised facilities and modern infrastructure
  • Plan global, country-specific investment conclaves to attract foreign capital
  • Develop a centralised dashboard for real-time tracking of project execution
  • Adopt advanced testing and quality control measures to ensure world class delivery
Delivering on his vision of transforming Andhra into "Swarnandhra Pradesh", the minister highlighted the state’s unique position of hosting industrial nodes across three distinct corridors. The corridors include:
  • Krishnapatnam (2,006 acres) with ₹105 billion in investment potential and an estimated 100,000 jobs
  • Orvakal (2,621 acres) expected to attract ₹120 billion and generate approximately 45,000 jobs
  • Kopparthy (2,596 acres) anticipated investment of ₹88 billion and around 54,000 new positions
During the meeting, officials also presented Andhra Pradesh’s roadmap within the “Swarna Andhra 2047” framework, emphasising fast tracking land acquisition and ensuring timely delivery of external infrastructure. They reaffirmed commitment to rigorous quality standards throughout implementation.

The session was attended by key state and national figures, including the MP for Guntur, ministers, and senior officials from NICDC and Andhra’s industry departments. This meeting marks a significant milestone in Andhra Pradesh’s ambition to become a leading hub for industrial innovation and investment in India.

Union Commerce & Industry Minister Piyush Goyal chaired a high-level review on 15 June 2025 in Guntur, focusing on progress across three industrial nodes under the National Industrial Corridor Development Corporation (NICDC) in Andhra Pradesh. The review covered:Krishnapatnam Industrial Area along the Chennai–Bengaluru Industrial CorridorOrvakal Industrial Area under the Hyderabad–Bengaluru Industrial CorridorKopparthy Industrial Area forming part of the Visakhapatnam–Chennai Industrial CorridorMr Goyal emphasised the need to foster innovation-friendly ecosystems within each node. He instructed administrators to:Establish dedicated incubators for early-stage enterprisesAllocate zones specifically for MSMEs and startups with subsidised facilities and modern infrastructurePlan global, country-specific investment conclaves to attract foreign capitalDevelop a centralised dashboard for real-time tracking of project executionAdopt advanced testing and quality control measures to ensure world class deliveryDelivering on his vision of transforming Andhra into Swarnandhra Pradesh, the minister highlighted the state’s unique position of hosting industrial nodes across three distinct corridors. The corridors include:Krishnapatnam (2,006 acres) with ₹105 billion in investment potential and an estimated 100,000 jobsOrvakal (2,621 acres) expected to attract ₹120 billion and generate approximately 45,000 jobsKopparthy (2,596 acres) anticipated investment of ₹88 billion and around 54,000 new positionsDuring the meeting, officials also presented Andhra Pradesh’s roadmap within the “Swarna Andhra 2047” framework, emphasising fast tracking land acquisition and ensuring timely delivery of external infrastructure. They reaffirmed commitment to rigorous quality standards throughout implementation.The session was attended by key state and national figures, including the MP for Guntur, ministers, and senior officials from NICDC and Andhra’s industry departments. This meeting marks a significant milestone in Andhra Pradesh’s ambition to become a leading hub for industrial innovation and investment in India.

Next Story
Infrastructure Urban

Companies in GIFT City IFSC Cross 400 Mark

As of July 31, 2025, a total of 409 companies are operating in the Gujarat International Finance Tec City – International Financial Services Centre (GIFT IFSC), Finance Minister Nirmala Sitharaman informed Parliament.In a written reply in the Lok Sabha, she highlighted that the number of firms in GIFT IFSC has grown nearly fivefold in less than five years — from 82 on October 1, 2020, to 409 by July 2025.The centre now hosts a wide range of entities, including those in banking, asset management, and allied services, alongside other financial segments.To support GIFT IFSC’s growth, the go..

Next Story
Infrastructure Urban

GMDA to Prepare Fresh DPR for Naurangpur Sewage Treatment Plant

The Gurugram Metropolitan Development Authority (GMDA) will prepare a fresh detailed project report (DPR) for the proposed 40 million litres per day (MLD) sewage treatment plant (STP) at Naurangpur. The move comes after it was found that a high-tension power line and a 24-metre-wide road pass through the site allocated for the project, requiring a revised plan.According to officials, the original 3.65-acre land parcel transferred from the Municipal Corporation of Manesar (MCM) was reduced to 2.89 acres following the road development. The presence of the power line further divided the land into..

Next Story
Infrastructure Transport

PM Inaugurates Bihar Highway and New Ganga Bridge

Prime Minister Narendra Modi will inaugurate a key highway project on Friday, connecting Aunta (Mokama) and Simaria (Begusarai), featuring a newly built 1.865-km bridge across the Ganga.The project establishes direct road connectivity between Mokama in Patna district and Begusarai. The bridge has been constructed parallel to the old two-lane rail-cum-road Rajendra Setu, which is currently under repair and restricts heavy vehicle movement.The new bridge will allow heavy vehicles to avoid a detour of nearly 100 km while travelling between north Bihar districts such as Begusarai, Supaul, Madhuban..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?