Introduction:
The Andhra Pradesh Industrial Infrastructure Corporation (APIIC) has developed the Growth Centre in Bobbili, located in Vizianagaram District, Andhra Pradesh, to promote industrial growth and economic development in the region.
Key Features:
- Strategic Location: Situated in Bobbili, the centre benefits from proximity to major industrial hubs and transportation networks, facilitating efficient logistics and connectivity.
- Infrastructure and Facilities: The Growth Centre offers state-of-the-art infrastructure, including well-planned layouts, internal roads, water supply, and power supply. It also features Common Effluent Treatment Plants (CETPs) and Treatment Storage Disposal Facilities (TSDFs) to ensure environmental sustainability.
- Diverse Industrial Presence: A wide range of industries, such as ferro alloys, textiles, and manufacturing, have established their presence in the centre, contributing to a diversified industrial base. Notably, companies like Hira Electro Smelters Limited and Berry Alloys Ltd have expanded their operations within the centre.
- Government Initiatives: The Andhra Pradesh government has implemented policies to attract investments in various sectors, offering incentives such as subsidies on infrastructure development, tax exemptions, and support for research and development activities.
Notable Developments:
The Growth Centre has attracted significant investments from leading industries, fostering economic growth and technological advancement in the region. Its development aligns with the state’s vision to position Andhra Pradesh as a key player in various industrial sectors.
The APIIC Growth Centre in Bobbili 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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