Andhra Pradesh earmarks land for private industrial park in Nellore
Representative AI image VIJAYAWADA: The state government has allocated 2,776 acres of land to IFFCO-SEZ in the Nellore district to pave the way for a significant private industrial SEZ. The company plans to invest ₹870 crore and create approximately 70,000 jobs. Andhra Pradesh’s new policy for establishing private industrial parks (2024-29) provides ‘plug and play’ industrial infrastructure. The aim is to enhance the development of world-class industrial parks through private sector initiatives, fostering job creation and investment by cultivating a favorable investment climate in the state. This policy will support world-class operations and maintenance in these parks, while creating a…