1 month ago

AP Plans Major Industrial Hub at Kosala Nagaram

AP Plans Major Industrial Hub at Kosala Nagaram
AP Government bets big on Kosala Nagaram to attract global investments · thehansindia.com

The Andhra Pradesh government wants to build a big factory area called Kosala Nagaram Industrial Park.

It will be near the border with Tamil Nadu and close to highways, ports, and airports.

The state plans to buy more land and fix the ground so factories can start.

Car makers from Ambattur and other businesses want to set up there.

The main problem is water, but a new water project will finish in 2028.

The park could create many jobs and help the state grow.

Key facts

Project Name
Kosala Nagaram Industrial Park
Location
Kosala Nagaram, Chittoor district, Andhra Pradesh
Planned Acreage
5,000 acres expansion + 2,042 acres existing
Key Investors
Automobile manufacturers from Ambattur, textile and food processing sectors
Water Source
Galeru Nagari Sujala Sravanthi (GNSS) project
Water Reservoir Completion
December 2028

Quotes

APIIC official

A representative of the Andhra Pradesh Industrial Infrastructure Corporation

“"The government has decided to earmark 500 acres for a private industrial park, while around 200 acres have already been allotted to various industries. The project is being planned on the lines of Sri City in Satyavedu constituency, which houses more than 260 companies from 35 countries, employing over 70,000 people"”
deccanchronicle.com

Sources

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