+
IFFCO Kisan SEZ Agro-Park Attracts Rs 8 Billion Investment
WAREHOUSING & LOGISTICS

IFFCO Kisan SEZ Agro-Park Attracts Rs 8 Billion Investment

The integrated agro-park at the IFFCO Kisan Special Economic Zone near Nellore has seen the laying of foundation stones for two manufacturing units involving a combined investment of Rs 8 billion. The development is expected to generate significant employment opportunities for local youth, particularly in the Kovur Assembly constituency.

Addressing a gathering at Buchireddypalem, Nellore Lok Sabha MP Vemireddy Prabhakar Reddy said the projects mark the beginning of large-scale industrial activity at the 2,700-acre IFFCO Kisan SEZ. He thanked Chief Minister N Chandrababu Naidu for the recent Andhra Pradesh Cabinet decision approving the establishment of industries within the SEZ.

Prabhakar Reddy said Rs 85 million has been sanctioned for construction of the main access road to the SEZ, with work set to commence shortly. He also participated in a ground-breaking ceremony for the replacement of dilapidated structures at the cremation ground in Ward No. 12 of Buchireddypalem town, alongside MLA Vemireddy Prasanthi Reddy. The MP said Rs 2.5 million has been sanctioned from his MPLAD fund for construction of the new facility.

Speaking later, Prasanthi Reddy said she has been prioritising the provision of basic civic amenities across villages since becoming an MLA, with support from the MP, corporate social responsibility funds and MPLAD allocations. These initiatives include the development of a cremation ground on Isakapalem Road with a compound wall and essential facilities. She also directed officials to expedite completion of the Karmakrutula building currently under construction in the Gandhinagar area.

The event was attended by municipal commissioner D Balakrishna, municipal chairperson Morla Supraja, TDP senior leader Koduru Kamalakar Reddy, and representatives from the TDP, BJP and Jana Sena.

The integrated agro-park at the IFFCO Kisan Special Economic Zone near Nellore has seen the laying of foundation stones for two manufacturing units involving a combined investment of Rs 8 billion. The development is expected to generate significant employment opportunities for local youth, particularly in the Kovur Assembly constituency. Addressing a gathering at Buchireddypalem, Nellore Lok Sabha MP Vemireddy Prabhakar Reddy said the projects mark the beginning of large-scale industrial activity at the 2,700-acre IFFCO Kisan SEZ. He thanked Chief Minister N Chandrababu Naidu for the recent Andhra Pradesh Cabinet decision approving the establishment of industries within the SEZ. Prabhakar Reddy said Rs 85 million has been sanctioned for construction of the main access road to the SEZ, with work set to commence shortly. He also participated in a ground-breaking ceremony for the replacement of dilapidated structures at the cremation ground in Ward No. 12 of Buchireddypalem town, alongside MLA Vemireddy Prasanthi Reddy. The MP said Rs 2.5 million has been sanctioned from his MPLAD fund for construction of the new facility. Speaking later, Prasanthi Reddy said she has been prioritising the provision of basic civic amenities across villages since becoming an MLA, with support from the MP, corporate social responsibility funds and MPLAD allocations. These initiatives include the development of a cremation ground on Isakapalem Road with a compound wall and essential facilities. She also directed officials to expedite completion of the Karmakrutula building currently under construction in the Gandhinagar area. The event was attended by municipal commissioner D Balakrishna, municipal chairperson Morla Supraja, TDP senior leader Koduru Kamalakar Reddy, and representatives from the TDP, BJP and Jana Sena.

Next Story
Infrastructure Energy

Larsen & Toubro To Divest Nabha Power To Torrent Power

Larsen & Toubro Limited, hereafter L&T, has agreed to divest its entire stake in Nabha Power Limited to Torrent Power Limited, with the companies announcing the transaction. The deal will transfer ownership of the thermal power project and associated assets to Torrent Power as part of L&T's portfolio rationalisation. L&T is a US dollar 30 bn Indian multinational engaged in engineering, procurement and construction projects, hi-tech manufacturing and services across multiple geographies. The company attributes its market position to a strong customer-focused approach and sustained quality over ..

Next Story
Infrastructure Transport

Centre Approves Road Projects Worth Over Rs110 bn

The central government has approved road projects worth over Rs110 bn across Maharashtra, Gujarat and Telangana, according to the Ministry of Road Transport and Highways. The approvals follow a cabinet committee decision and are intended to improve connectivity and reduce travel times on key corridors. The package covers multiple stretches of national highways and involves both construction and widening works. In Gujarat, the ministry approved construction of four-lane sections on the Dhamasiya-Bitada/Movi and Nasarpore-Malotha stretches at a combined capital cost of about Rs45.84 bn. The prin..

Next Story
Infrastructure Urban

Prime Minister Inaugurates India AI Impact Expo 2026

Prime Minister Narendra Modi inaugurated the India AI Impact Expo 2026 at Bharat Mandapam in New Delhi, opening a national platform for Artificial Intelligence (AI) demonstration and dialogue. The event brought together innovators, researchers and technology enthusiasts from across the country and abroad to showcase applications and research. The inauguration underscored the government’s intent to position India as a significant contributor to global AI development. The prime minister noted in a post on X that being among innovators, researchers and tech enthusiasts offered a clear view of t..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App