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5 large industrial parks to come up soon in Andhra Pradesh
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5 large industrial parks to come up soon in Andhra Pradesh

The Andhra Pradesh Industrial Infrastructure Corporation is setting up five large multi-product industrial parks in the state. These will come up in three industrial corridors spread over 42,313 acre with funding from the National Industrial Corridor Development and Implementation Trust (NICDIT), ...

The Andhra Pradesh Industrial Infrastructure Corporation is setting up five large multi-product industrial parks in the state. These will come up in three industrial corridors spread over 42,313 acre with funding from the National Industrial Corridor Development and Implementation Trust (NICDIT), a Central government organisation. In the first phase, NICDIT has agreed in principle to fund the development of the multi-product industrial parks on 13,292 acre. Apart from the Visakhapatnam-Chennai Industrial Corridor (VCIC) funded by the ADB, three additional parks are being developed in the Chennai-Bangalore Corridor and Hyderabad-Bangalore Corridor.

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