Latest news with #HBIC
The Hindu
07-07-2025
- Business
- The Hindu
Andhra Pradesh government releases final master plan for Orvakal Node under Hyderabad
The Andhra Pradesh government has notified the final master plan for the Orvakal Node under the Hyderabad–Bengaluru Industrial Corridor (HBIC), covering a total area of 9,719 acres. The notification was issued on Monday through G.O. Ms. No. 121 by Industries and Commerce Secretary N. Yuvaraj, following a resolution by the A.P. Industrial Corridor Development Authority (APICDA). As per the plan, 52% of the land—about 5,017 acres—will be earmarked for industrial development. The remaining 4,702 acres will accommodate residential, commercial, transportation, public and semi-public facilities, utilities, recreational zones, green spaces, and water bodies. The APICDA, constituted under the provisions of the APICD Act, 2017, along with its Board and Executive Committee, has been tasked with implementing the master plan. The Vice-Chairman and Managing Director of the A.P. Industrial Infrastructure Corporation Ltd (APIIC) had earlier requested the issuance of a Gazette notification declaring Orvakal as an industrial node under HBIC. Following this, the APICDA formally approved the declaration and the final master plan, paving the way for accelerated industrial development in the region.
Time of India
17-06-2025
- Business
- Time of India
Earmark dedicated zones for MSMEs, startups in industrial corridors: Goyal to officials
NEW DELHI: Commerce and Industry Minister Piyush Goyal has directed officials to earmark dedicated zones for MSMEs and startups within the industrial corridors under development in Andhra Pradesh, an official statement said on Tuesday. The minister suggested this during a review meeting on June 15 to assess the progress of NICDC-led industrial nodes. The National Industrial Corridor Development Corporation ( NICDC ) is the nodal body for these corridors. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Unlock full 2025 solar power in Indonesia — install, maintain, upgrade Solar Panels | Search Ads Learn More Undo The commerce and industry ministry said the review focused on the development of three major nodes in the state - Krishnapatnam Industrial Area under the Chennai-Bengaluru Industrial Corridor (CBIC), Orvakal Industrial Area under the Hyderabad-Bengaluru Industrial Corridor (HBIC), and Kopparthy Industrial Area under the Visakhapatnam-Chennai Industrial Corridor (VCIC). Goyal also directed officials to focus on attracting anchor investors and startups by building innovation-friendly ecosystems within each industrial node. Live Events He stressed the need to establish dedicated incubators to nurture early-stage enterprises and facilitate a robust startup ecosystem. "The minister also instructed officials to earmark zones within each node for MSMEs and startups, offering subsidised rates and equipped with state-of-the-art infrastructure and technological support," it added. Besides, he called for the creation of a centralised dashboard to enable real-time monitoring of project progress and urged the adoption of advanced testing and quality control mechanisms to ensure world-class infrastructure. At the meeting, NICDC CEO Rajat Kumar Saini emphasised the importance of fast-tracking land acquisition and timely execution of external infrastructure by the state government. The corporation is dedicated to developing modern industrial smart cities. These are aimed at boosting manufacturing, attracting investments, generating employment, and enhancing India's global economic competitiveness.
