Introduction:
The Andhra Pradesh Industrial Infrastructure Corporation (APIIC) has developed the Flatted Factory Complex (FFC) in Peddapuram, Kakinada District, Andhra Pradesh, to promote industrial growth and provide affordable manufacturing spaces for small and medium enterprises (SMEs).
Key Features:
- Strategic Location: Situated in Peddapuram, the complex benefits from proximity to the Kakinada Port and the Kakinada Special Economic Zone (KSEZ), enhancing connectivity and access to key industrial hubs.
- Infrastructure and Facilities: The FFC offers well-planned layouts with essential amenities, including power supply, water supply, and waste management systems. It is designed to accommodate various manufacturing activities, providing a conducive environment for industrial operations.
- Government Initiatives: The complex is part of the New Micro and Small Enterprises-Cluster Development Programme (MSE-CDP) under the Government of India’s scheme, aiming to strengthen the competitiveness of micro and small enterprises.
Notable Developments:
The FFC has attracted investments from various SMEs, contributing to the industrial development of the region. Its establishment aligns with the state’s vision to promote industrialization and economic growth by providing affordable and efficient manufacturing spaces for small and medium enterprises.
The APIIC Flatted Factory Complex in Peddapuram exemplifies the corporation’s commitment to fostering industrial development in Andhra Pradesh by providing world-class infrastructure and facilities to attract diverse industries and investments.
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