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.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code