11 months ago
IFFCO's Nellore Project Revived as Multi-Product SEZ
Imagine a big plot of land IFFCO bought a long time ago to build a fertilizer factory.
That plan got delayed.
Now, they're changing the plan!
They are turning the land into a special zone, like a business park, called IKSEZ.
This area is meant for different kinds of companies, not just farming, like factories that make batteries, wind turbines, and more!
The area has great connections to get goods in and out and is finally getting new companies and investments.
So, the old idea of a factory is now growing into a place that will hopefully create many jobs.
IFFCO's Nellore project, originally planned as a urea plant, is now a Multi-Product SEZ.
The project faced delays due to approvals and litigation.
IKSEZ aims to attract companies from sectors like renewable energy and electric mobility.
Several companies, including Siemens Gamesa and Hindustan Coca-Cola, are already operating or have plans there.
The SEZ boasts excellent multimodal connectivity and infrastructure.
- Who
- IFFCO
- What
- Reviving its Nellore project as a multi-product SEZ.
- Where
- Nellore, India
- When
- Project started in 1996, with recent legal hurdles cleared last year.
- Why
- To create a multi-product SEZ attracting diverse industries.
Key facts
- Project Name
- IFFCO Kisan Special Economic Zone (IKSEZ)
- Location
- Nellore, India
- Area
- 2,776 acres
- Original Plan
- Gas-based urea manufacturing plant
- Current Focus
- Multi-Product SEZ
- Key Features
- Multimodal connectivity, 22% green belt
Quotes
Sources in the project
Individuals who are part of the IFFCO Kisan Special Economic Zone project.
“IKSEZ encourages investors from diverse sectors such as renewable energy, electric mobility, electronics, nanotechnology, IT/BPO and light and heavy engineering”
deccanchronicle.com
Nellore collector O Anand
The administrative head of the Nellore district.
“With its infrastructure, location and renewed momentum, IKSEZ is positioning itself as a key industrial ecosystem in south India”
deccanchronicle.com

