Introduction:
Sri City is an integrated business city and special economic zone (SEZ) located in the Tirupati district of Andhra Pradesh, India. Inaugurated on August 8, 2008, by then-Chief Minister Dr. Y.S. Rajasekhara Reddy, it spans approximately 7,500 acres and includes various zones for industry, education, commerce, and recreation.
Key Features:
- Strategic Location: Situated along National Highway 16 (NH16), Sri City is approximately 55 kilometers north of Chennai, Tamil Nadu, providing seamless connectivity to major industrial hubs and transportation networks.
- Diverse Zones: The city comprises multiple zones, including a multiproduct SEZ, a Domestic Tariff Zone (DTZ), a Free Trade & Warehousing Zone (FTWZ), and an Electronics Manufacturing Cluster, catering to various industrial needs.
- Infrastructure and Facilities: Sri City 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.
- Educational Institutions: The city hosts several educational institutions, such as the Indian Institute of Information Technology (IIIT), Sri City, and the Institute of Financial Management and Research (IFMR), fostering a skilled workforce.
Notable Developments:
Sri City has attracted significant investments from leading industries, fostering economic growth and technological advancement in the region. Notably, companies like Foxconn, Cadbury, Colgate, and Kobelco have established manufacturing units in the city, generating employment opportunities and contributing to the local economy.
The city operates on the principles of “Work, Live, Learn, Play,” offering a conducive environment for businesses and residents alike. It has been recognized as a premier industrial hub, with NITI Aayog CEO B.V.R. Subrahmanyam lauding its role in India’s industrial growth.
In summary, Sri City exemplifies a successful model of integrated urban development, combining industrial, educational, and recreational facilities to create a thriving business ecosystem in Andhra Pradesh.
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