Introduction:
The Andhra Pradesh Industrial Infrastructure Corporation (APIIC) has developed the Industrial Park in Nuzvid, located in Eluru District, Andhra Pradesh, to promote industrial growth and economic development in the region.
Key Features:
- Strategic Location: Situated in Nuzvid, the park benefits from proximity to major industrial hubs and transportation networks, facilitating efficient logistics and connectivity.
- Infrastructure and Facilities: The park 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 agro-based industries, manufacturing, and food processing, have established their presence in the park, contributing to a diversified industrial base.
- 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 park has attracted significant investments from leading industries, fostering economic growth and technological advancement in the region. Notably, companies like Apex Agro Equipments have established manufacturing units in the park, generating employment opportunities and contributing to the local economy. Apex Agro Equipments is engaged in the manufacture of minerals and metals.
The APIIC Industrial Park in Nuzvid 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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