Latest news with #APIndustrialInfrastructureCorporation
Time of India
23-06-2025
- Business
- Time of India
Women's industrial park takes shape in Anakapalli
Anakapalli: The govt has begun land levelling works for a dedicated women's industrial park on Pitapalem village road, near the collector's bungalow. The park is expected to become operational within six months and is located close to the newly inaugurated MSME park, creating a industrial corridor in the district. The govt had earlier acquired 31.77 acres in Survey No. 20, compensating displaced farmers with 6.49 crore. Infrastructure development is now underway, including internal roads, drainage systems, power supply, drinking water facilities, and other essential amenities. The district administration has already developed the MSME park with an estimated cost of around 60 crore at Koduru, and 250 flats were developed on the site. Of these, work has started to set up industries in 171 flats. The industrialists who got the flats are now preparing to establish their units. Likewise, the women's industrial park will also be developed very soon, AP Industrial Infrastructure Corporation (APIIC) officials informed. They have planned to develop around 300 flats for small industries on that piece of land. A blacktop road was also developed adjacent to the land with an estimated cost of 80 lakh recently. The govt is now providing incentives to the women industrialists who come forward to set up industries. Anakapalli: The govt has begun land levelling works for a dedicated women's industrial park on Pitapalem village road, near the collector's bungalow. The park is expected to become operational within six months and is located close to the newly inaugurated MSME park, creating a industrial corridor in the district. The govt had earlier acquired 31.77 acres in Survey No. 20, compensating displaced farmers with 6.49 crore. Infrastructure development is now underway, including internal roads, drainage systems, power supply, drinking water facilities, and other essential amenities. The district administration has already developed the MSME park with an estimated cost of around 60 crore at Koduru, and 250 flats were developed on the site. Of these, work has started to set up industries in 171 flats. The industrialists who got the flats are now preparing to establish their units. Likewise, the women's industrial park will also be developed very soon, AP Industrial Infrastructure Corporation (APIIC) officials informed. They have planned to develop around 300 flats for small industries on that piece of land. A blacktop road was also developed adjacent to the land with an estimated cost of 80 lakh recently. The govt is now providing incentives to the women industrialists who come forward to set up industries.
Hans India
30-05-2025
- Business
- Hans India
AP govt plans to develop 10 large industrial parks
Vijayawada: The Andhra Pradesh government has decided to develop large industrial parks at 10 locations spread over the State by offering land by AP Industrial Infrastructure Corporation (APIIC) under PPP model. This is the first time the State has taken up development of large industrial parks through PPP mode by inviting bids through a notification for development, operation and maintenance of large industrial parks each in an area measuring 290 to 500 acres. A senior official of APIIC told Bizz Buzz that little over 4,000 acres has been identified for allotment in areas close to the Visakhapatnam-Chennai Industrial Corridor (VCIC) and Chennai-Bengaluru Industrial Corridor. Different industrial nodes mooted under the corridors are located in the vicinity of the proposed industrial parks. June 6 has been set as the deadline for submission of bids for Expression of Interest (EoI). The parks are proposed at Atchutapuram, Thimmasamudram, Kosalanagaram, Guttapadu, Komarolu, Jayanthipuram, Kothapalli, Donakonda, Santhabommaliand RouthuSuramala Industrial Clusters. The authorities propose to develop sector-specific parks to promote investments in biotechnology, pharmaceutical, toy, electric vehicles, semiconductor, defense and aerospace, food processing, agro-processing and aqua- processing, leather, textiles, specific products and parks for downstream industries of evolving needs and drone manufacturing industries.
