1 week ago
Kurnool Leads Rayalaseema’s Latest Industrial Investment and Jobs Push
Kurnool district in Rayalaseema is preparing for several new industrial projects.
These projects involve green energy, biogas and farming-related businesses.
Companies named in the report plan to invest large amounts of money in the district.
The projects are expected to create thousands of direct jobs.
A proposed Drone City at Orvakal could attract about ₹5,000 crore more in investment.
Kadapa is also set to receive an electronics manufacturing project.
Chittoor is expected to receive a project from Hindalco Industries.
Officials say they will help companies obtain land, infrastructure and government support.
The report gives different totals in its main text and table.
Kurnool district reportedly secured the highest number of projects in the latest State Investment Promotion Board meeting, with investments spanning green energy, biogas and agro-based sectors.
Projects listed for Kurnool include Okeir Green Fuels, Jakson Green Renewable, Aaradhya Biogas, Agastya Green Energy and Jayaditya Agro.
The proposed projects in Kurnool are listed with combined investments of more than ₹10,392 crore and about 2,325 direct jobs.
AIL Dixon India’s electronics project in Kadapa is expected to create around 7,000 direct jobs, while Hindalco Industries’ Chittoor project is expected to create 447 jobs.
The report contains differing totals: its narrative cites six Kurnool projects and ₹12,298 crore across three districts, while the accompanying table lists seven projects worth ₹11,722.43 crore and 9,772 jobs.
- Who
- Companies including Okeir Green Fuels, Jakson Green Renewable, Aaradhya Biogas, Agastya Green Energy, Jayaditya Agro, AIL Dixon India and Hindalco Industries, with support from state and district officials.
- What
- The State Investment Promotion Board approved or listed industrial projects in green energy, biogas, agro-processing and electronics manufacturing.
- Where
- The projects are proposed in Kurnool, Kadapa and Chittoor districts of Rayalaseema, including Orvakal, Kopparthi and Kuppam.
- When
- The projects were discussed in the latest SIPB meeting; Union minister K. Ram Mohan Naidu discussed the proposed Drone City on August 18.
- Why
- The projects are intended to attract investment, create direct employment and strengthen industrial development in Rayalaseema.
Key facts
- Kurnool projects named
- Okeir Green Fuels, Jakson Green Renewable, Aaradhya Biogas, Agastya Green Energy and Jayaditya Agro.
- Kurnool investments listed
- ₹10,392.43 crore across the five projects named in the article.
- Kurnool jobs listed
- About 2,325 direct jobs across the five projects named in the article.
- Kadapa project
- AIL Dixon India electronics manufacturing project at the Kopparthi Industrial Cluster; ₹450 crore investment and about 7,000 direct jobs.
- Chittoor project
- Hindalco Industries project at Kuppam; ₹880 crore investment and about 447 direct jobs.
- Proposed Drone City
- The Orvakal project is expected to attract around ₹5,000 crore in investment.
- Reported totals
- The narrative cites ₹12,298 crore and 11,067 jobs across three districts, while the table lists ₹11,722.43 crore and 9,772 jobs across seven projects.
Quotes
Dr. A. Siri
Kurnool district collector
“We are taking steps to facilitate land allocation and provide the required infrastructure for the industries coming to Kurnool. Several companies have already shown interest in setting up units, particularly in the proposed Drone City.”
deccanchronicle.com
APIIC zonal manager
Official of the Andhra Pradesh Industrial Infrastructure Corporation
“The government is keen to provide the necessary support and incentives to investors. We will ensure that projects already approved are implemented without delay.”
deccanchronicle.com
Sources
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