From Our Correspondent
Vijayawada: The Andhra Pradesh government is set to establish eight private industrial parks across the state as part of its strategy to create a large industrial land bank and accelerate investments. The proposed parks will make 4,196.55 acres of industrial land available, with ₹1,720.88 crore earmarked for developing core infrastructure.
The initiative is being implemented under the Andhra Pradesh Private Industrial Parks and Plug-and-Play Industrial Infrastructure Policy, which aims to encourage private participation in developing ready-to-use industrial parks and reduce the time required for industries to commence operations.
Faster Industrial Land Development
Instead of relying solely on government agencies to acquire land and develop industrial estates, the state has opened the sector to private developers. The government believes private participation will significantly speed up infrastructure creation and make industrial land available more quickly for investors.
Under the new policy, private industrial parks can be developed on land parcels ranging from 10 acres to 1,000 acres, subject to prescribed guidelines.
The move is expected to strengthen Andhra Pradesh’s competitiveness in attracting manufacturing, logistics and other industrial investments by providing plug-and-play infrastructure.
Target of One Lakh Acres
The state government plans to maintain an industrial land bank of at least one lakh acres to meet future investment requirements.
Currently, the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) has only around 40,000 acres available for industrial allocation.
While land is relatively available in Rayalaseema and parts of North Andhra, acquiring large contiguous parcels in the coastal districts has become increasingly difficult. To address this challenge, the government is encouraging private landowners to develop industrial parks, particularly in coastal Andhra, thereby expanding the availability of industrial land without depending entirely on government acquisition.
Massive Land Requirement Ahead
The government has also begun a scientific assessment of land requirements for companies that have signed investment agreements with the state.
According to official estimates, Andhra Pradesh will require at least 3.5 lakh acres of land over the coming years to accommodate approved and proposed industrial and energy projects.
A major portion of this demand comes from the renewable energy sector. The renewable energy projects approved for Rayalaseema alone are expected to require nearly 2.5 lakh acres, which will be sourced from government, assigned (DKT) and private lands.
In addition, industries that have signed investment agreements with the state are estimated to require another one lakh acres for setting up manufacturing and industrial facilities.
The private industrial parks policy is expected to play a key role in bridging this land gap while reducing project implementation timelines and strengthening Andhra Pradesh’s position as a preferred investment destination.
Proposed Private Industrial Parks in Andhra Pradesh
| Company / Developer | District | Land Area (Acres) | Investment (₹ Crore) | Employment |
|---|---|---|---|---|
| HFCL Green Space | Nellore | 2,776.23 | 870.00 | 70,000 |
| Jain Industrial Park | Vizianagaram | 1,163.43 | 531.36 | 45,000 |
| Varaha Industrial Park | Anakapalli | 93.00 | 32.55 | 1,500 |
| Tecumseh Infra Projects Pvt. Ltd. | Visakhapatnam | 63.37 | 237.71 | 5,000 |
| Asnav Green AP Ltd. (Aldamannuru) | Chittoor | 13.70 | 10.97 | 2,500 |
| Sri Veda Innovation Park Pvt. Ltd. | Krishna | 27.00 | 12.00 | 1,500 |
| Asnav Green AP Ltd. (Endrannuru) | Anakapalli | 32.00 | 22.48 | 5,000 |
| Adhata Green Global India Pvt. Ltd. | Palnadu | 27.82 | 3.79 | 2,000 |
Total
- Land Area: 4,196.55 acres
- Infrastructure Investment: ₹1,720.88 crore
- Expected Employment: 1,32,500 jobs