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Dec 31, 2020, 12:17 IST NEW DELHI: The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved three proposals from the Department of Promotion of Industry & Internal Trade (DPIIT), which includes two Industrial Corridor nodes in Krishnapatnam and Tumakuru at estimated cost of ₹7,725 cr. The Krishnapatnam Industrial Area in Andhra Pradesh will be developed at an estimated cost of Rs. 2,139.44 crore and around 98,000 persons are estimated to be employed in the first phase. The objective of Industrial Corridor Programme is the creation of gre...

Second Japan industrial township in Andhra Pradesh Industries Minister Mekapati Goutam Reddy rolled out a red carpet for Japanese firms to invest in the State. Share Via Email   |  A+A A- By Express News Service VIJAYAWADA: Industries Minister Mekapati Goutam Reddy rolled out a red carpet for Japanese firms to invest in the State.The State will offer special fiscal incentive packages to Japanese companies setting up manufacturing facilities in Japan Industrial Township, especially for companies shifting bases from China along with their suppliers, he said.  “We have set up a dedic...

Dec 14, 2020, 12:10 IST AMARAVATI: Andhra Pradesh Industrial Infrastructure Corporation (APIIC) is in the process of setting up five large multi-product industrial parks in the State. These parks will be set up in three industrial corridors spread 42,313 acres of the State with funding from the National Industrial Corridor Development and Implementation Trust (NICDIT) a Central Government aided organisation. In the first phase, NICDIT agreed in principle to fund the development of the multi-product industrial parks on 13,292 acres. Apart from the Visakhapatnam-Chennai Industrial Cor...