1 day ago
Nellore Industries Drive Investment and Jobs Across District
Nellore district has many industries that provide jobs to local people.
Eleven very large industries have invested ₹43,650 crore and employ 16,380 people.
Forty-five other large industries employ another 9,429 people.
Smaller businesses, called MSMEs, employ about 3.22 lakh people.
More industries are also being built or planned in the district.
These projects could create nearly 98,000 additional jobs.
The collector asked officials to approve business applications quickly.
He said faster approvals and incentives could help attract more investment.
Eleven mega industries invested ₹43,650 crore and employed 16,380 people in Nellore district.
Forty-five large industries invested ₹5,478 crore and provided jobs to 9,429 people.
The district’s 36,599 MSMEs invested ₹7,164 crore and employed 3.22 lakh people.
Of 386 applications submitted through the Single Desk portal, 365 were approved.
Thirty-five industries under implementation could bring ₹69,302 crore in investment and create 97,836 jobs.
- Who
- Nellore district industries, officials, Collector Himanshu Shukla and district industries general manager Sridhar Babu.
- What
- Industries in the district have invested substantially and provided employment to more than 3.4 lakh people, while additional projects are under implementation.
- Where
- Nellore district.
- When
- The figures were presented at a District Industries Promotion and Export Committee meeting on Monday; application figures cover the current financial year.
- Why
- Officials aim to encourage industrial growth, attract investment and create a business-friendly environment through faster approvals and incentives.
Key facts
- Mega-industry investment
- ₹43,650 crore across 11 industries
- Mega-industry employment
- 16,380 people
- Large-industry employment
- 9,429 people across 45 industries
- MSME contribution
- 36,599 MSMEs invested ₹7,164 crore and employed 3.22 lakh people
- Single Desk applications
- 386 received; 365 approved and 19 under scrutiny
- Projects under implementation
- 35 industries involving proposed investment of ₹69,302 crore
- Expected additional employment
- 97,836 jobs from industries under implementation
- Incentives sanctioned
- 14 claims totaling ₹1.56 crore
Sources
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