Andhra Pradesh set to witness a big leap on industrial front

Following the Union Government’s recent sanction of the development of the Kopparthy and Orvakal nodes in the Visakhapatnam-Chennai and Hyderabad-Bangalore industrial corridors under the National Industrial Corridor Development Program, the Government of Andhra Pradesh is waiting for the receipt of formal approvals to float tenders for the two projects, whose total estimated cost is ₹4,936 crore. In the Cabinet meeting conducted on August 28, it had been resolved to expand the mandate of the ‘National Industrial Corridor Development and Implementation Trust Krishnapatnam Industrial City Development Limited’ to encompass the Kopparthy and Orvakal nodes, and rename the Special Purpose Vehicle as AP Industrial Corridor Infrastructure Development Corporation. Dinne, Vallur and Pendlimarri mandals of Kadapa district, while the Orvakal node covers Orvakal mandal in Kurnool, and the KRIS City comprises Tamminapatnam, Kothapatnam, East Kanupur and Siddhavaram villages. The KRIS City will have textile, apparel, automobile, pharmaceutical and electronics manufacturing facilities, while the Orvakal node will have non-metallic mineral, food and beverage, pharma and textile manufacturing units and the Kopparthy node comprises of non-metallic mineral, food and agro, chemicals and textiles, bulk drugs and pharma, and renewable energy and equipment making facilities.