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

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement