AP Gets 6 New Industrial Parks

After taking charge as the Chief Minister of Andhra Pradesh, Chandrababu Naidu has been actively working for the development of the state, which was completely neglected by the previous YCP government.

His efforts in reclaiming Andhra Pradesh’s brand image have been yielding good results. Recently, the central government decided to set up six new industrial parks in Andhra Pradesh.

Chandrababu Naidu toured Delhi on August 17,18,19 and held meetings with Prime Minister Narendra Modi, Home Minister Amit Shah, Finance Minister Nirmala Sitharaman and a few other union ministers to discuss various aspects of the development and welfare of Andhra Pradesh.

Right after his meetings, the central government allocated six new industrial parks to Andhra Pradesh. Out of the 12 new proposed industrial parks, six will be set up in AP and the rest will be set up in Bihar and Punjab.

The central government will set up these 12 industrial parks in three states with an estimated budget of Rs. 25,000 crores.

These industrial parks would boost the financial and industrial growth of AP significantly. These parks would also attract investments of lakhs of crores from various companies.

The primary aim of these parks is to attract foreign investments, promote local manufacturing and offer employment opportunities to the unemployed youth.

AP has 10 seaports, 10 Airports and a good road infrastructure, which can promote industrial growth significantly. Additionally, the friendly governance of NDA would also attract companies to invest in Andhra Pradesh.

Reportedly, the government is planning to set up industries in the sectors of food, aqua, EV manufacturing, Green Energy and Green Hydrogen.