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Upcoming Manufacturing Zone in Andhra Pradesh: Investment Opportunity of INR 43500 Crores

News

Andhra Pradesh is set to house India's first national investment and manufacturing zone after the state assured the Centre of availability of 10 sq km of land in one place in Prakasham district.

Source - ET

SNP Insight

The upcoming manufacturing hub in Andhra Pradesh is undoubtedly giving phenomenal boost to the Make in India initiative. The project seems to attract massive investments from both domestic and international players. Also, this project is most likely to set the foundation for the future manufacturing base that may drive India as a global manufacturing hub. However, attractive industrial policies with special incentives and land clearances issues has to be re-worked upon before the execution of the project.

Source - SNP Infra Research