+
Andhra Pradesh Allots 91.38 Acres For Logistics Park For Google AI Hub
WAREHOUSING & LOGISTICS

Andhra Pradesh Allots 91.38 Acres For Logistics Park For Google AI Hub

The State government approved allotment of 91.38 acres at Kanamam village in Anandapuram mandal of Visakhapatnam district for a logistics and light industrial park to support warehousing and storage for Google’s proposed India AI Hub in Visakhapatnam. The land has been allotted to Ecobox Industrial Asset IV Private Limited at Rs 5.5 mn per acre. The project envisages an investment of Rs 10.08 billion (bn) and is expected to generate around 5,000 jobs.

The government said Google identified Ecobox, through Logicap Holdings, as its preferred development partner for the logistics infrastructure. Subject to final agreements Google will utilise the industrial park in phases to meet warehousing, logistics and service requirements of a proposed data centre campus. The order grants Google first right of refusal to purchase all or part of the site after facilities become operational, and Ecobox may lease or sell remaining space if subsequent phases are not required.

The government approved the use of about five to seven acres within the project for networking and connectivity infrastructure to support the broader data centre ecosystem. The proposed park will have a total built-up area of 1.945 million (mn) sq ft across 44.65 acres. It will comprise three warehouse blocks providing 1.468 mn sq ft together, a 0.242 mn sq ft light manufacturing block, a 0.190 mn sq ft data centre and allied activities facility, and a 45,000 sq ft administrative building.

The proposal received clearance from the State Investment Promotion Board following recommendations of the State Investment Promotion Committee. The government directed the Visakhapatnam Metropolitan Region Development Authority to develop a 24-metre-wide master plan road to the site, while Ecobox will bear the proportionate cost if it opts to construct the proposed three-km peripheral road through APIIC. The logistics park forms part of the ecosystem for Google’s proposed $15 bn India AI Hub in Visakhapatnam.

The State government approved allotment of 91.38 acres at Kanamam village in Anandapuram mandal of Visakhapatnam district for a logistics and light industrial park to support warehousing and storage for Google’s proposed India AI Hub in Visakhapatnam. The land has been allotted to Ecobox Industrial Asset IV Private Limited at Rs 5.5 mn per acre. The project envisages an investment of Rs 10.08 billion (bn) and is expected to generate around 5,000 jobs. The government said Google identified Ecobox, through Logicap Holdings, as its preferred development partner for the logistics infrastructure. Subject to final agreements Google will utilise the industrial park in phases to meet warehousing, logistics and service requirements of a proposed data centre campus. The order grants Google first right of refusal to purchase all or part of the site after facilities become operational, and Ecobox may lease or sell remaining space if subsequent phases are not required. The government approved the use of about five to seven acres within the project for networking and connectivity infrastructure to support the broader data centre ecosystem. The proposed park will have a total built-up area of 1.945 million (mn) sq ft across 44.65 acres. It will comprise three warehouse blocks providing 1.468 mn sq ft together, a 0.242 mn sq ft light manufacturing block, a 0.190 mn sq ft data centre and allied activities facility, and a 45,000 sq ft administrative building. The proposal received clearance from the State Investment Promotion Board following recommendations of the State Investment Promotion Committee. The government directed the Visakhapatnam Metropolitan Region Development Authority to develop a 24-metre-wide master plan road to the site, while Ecobox will bear the proportionate cost if it opts to construct the proposed three-km peripheral road through APIIC. The logistics park forms part of the ecosystem for Google’s proposed $15 bn India AI Hub in Visakhapatnam.

Related Stories

Gold Stories

Next Story
Products

Interio by Godrej launches modular workplace solutions

Interio by Godrej has launched Workscapes, a modular workplace solutions category designed to help organisations configure and adapt workspaces to changing requirements. The portfolio combines mobile and compatible furniture and support elements that can be rearranged across different work modes without changes to fixed layouts.Workscapes includes Collaboration Tables, Privacy Solutions, Mobile Markerboards and Space Dividers, Power Solutions, Storage and Support Elements, Meeting and Presentation Tools, and Seating Elements. The range is designed for focused work, collaboration, informal disc..

Next Story
Infrastructure Urban

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Next Story
Infrastructure Energy

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code