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As Visakhapatnam metropolis gears up for the 30th CII Partnership Summit-2025 connected the AU Engineering College Grounds connected November 14-15, a question making rounds is wherefore an capitalist should put successful Andhra Pradesh.
According to industrialists, the main requirements for mounting up an concern portion are land, power, water, transport, manpower and earthy materials. “These are isolated from the casual upfront enactment that the authorities provides, irrespective of its governmental affiliation,” said O. Naresh Kumar, an IT entrepreneur and vice-president of Rushikonda IT Park Association.
As per the latest disposable data, the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) has implicit 44,000 acres specifically designated for concern improvement successful 20 districts. Tirupati territory has implicit 10,000 acres, followed by Anakapalli with implicit 8,000 acres and Kadapa with implicit 6,000 acres. Bapatla territory has the slightest onshore with little than 70 acres.
A important information of the disposable onshore (over 92%) is strategically located adjacent 3 National Industrial Corridors: Bengaluru-Hyderabad, Chennai-Bengaluru and Chennai-Visakhapatnam. The State has a argumentation to acceptable up 175 MSME (Micro, Small and Medium Enterprises) concern parks, with implicit 3,500 acres earmarked for this purpose. This apart, the authorities besides has a semipermanent program to consolidate further onshore bank, which is apt to scope a full of 10 lakh acres successful the future.
On the powerfulness front, the State volition go a greenish vigor generator erstwhile the NTPC Green Hydrogen Hub task adjacent Visakhapatnam is completed. Prime Minister Narendra Modi laid the instauration of this task successful January 2025, and it is expected to beryllium operational by 2032. It is designed to nutrient 1,500 tonnes per time (TPD) of greenish hydrogen and 7,500 TPD of greenish hydrogen derivatives (including greenish methanol, greenish urea and sustainable aviation fuel).
Entrance of the main venue of the 30th CII Partnership Summit connected AU Engineering College grounds successful Visakhapatnam. | Photo Credit: V. RAJU
Polavaram irrigation task is the lone large h2o assets of the State. According to the revised timeline, the State expect to person h2o from the task by the extremity of December 2027.
The greenfield planetary airdrome astatine Bhogapuram, astir 45 km from Visakhapatnam city, is besides successful the last stages of completion and is scheduled to statesman operations by June 2026. The caller South Coast railway portion and 4 large ports, including the Visakhapatnam Port Trust, are added assets of the State.
As for mineral deposits, Andhra Pradesh has the world’s largest single-bedded barite deposit astatine Mangampeta successful Kadapa district, which accounts for astir 28% of the world’s reserves. Other important mineral resources see limestone (Kurnool and Guntur), manganese (Vizianagaram), bauxite (East Godavari and Alluri Sitarama Raju) and deposits of 15 uncommon world elements discovered successful Anantapur.
“As per the SBI probe study titled The Coming of (a Turbulent) Age: The Great Global Gold Rush, Jonnagiri golden mine, India’s archetypal ample backstage golden excavation successful Kurnool territory of Andhra Pradesh, tin output 750 kg of golden annually. The study highlights find of caller golden mines successful the country,” a mineral industrialist participating successful the CII acme told The Hindu connected the information of anonymity connected Wednesday (November 12).
