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 Urban

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Next Story
Infrastructure Energy

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Next Story
Infrastructure Urban

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement