AP govt's big industrial boost for Nellore district

Nellore City News

Posted by AI on 2025-09-08 05:16:05 | Last Updated by AI on 2025-09-08 08:30:19

Share: Facebook | Twitter | Whatsapp | Linkedin Visits: 0

---

Job seekers in Nellore district will benefit from the Andhra Pradesh government's recent allocation of 2,776 acres of land to IFFCO-SEZ, which will invest Rs 870 crore and generate approximately 70,000 jobs. The state government developed the Andhra Pradesh Policy for the Establishment of Private Industrial Parks 2024-29 to encourage private-sector development of world-class industrial parks. The plan aims to attract investment and generate employment by facilitating the formation of a conducive environment for investors. IFFCO Kisan SEZ Limited intends to build a Private Large Industrial Park (PLIP) on approximately 2,776 acres in Racharlapadu village of Kodavaluru mandal in SPSR Nellore, Nellore district, pursuant to the new policy announced by the TDP-led NDA government.

The Industrial Park Evaluation Committee (IPEC) recommended approval, and the decision was finally made by the State Investment Promotion Board (SIPB), chaired by Chief Minister N Chandrababu Naidu. The park's development will provide a significant boost to the industrial infrastructure of the region, attracting job seekers and investors alike.

This decision is exciting news for the people of Nellore, as it signals the government's commitment to boosting the economy and providing jobs. With this new park, 70,000 people will have new employment opportunities, and the district will likely see a surge in business and commerce. The government's policy aims to create a win-win situation for the government, investors, and the wider population.

This story will be updated as developments occur, including expected opening dates and any community reactions.

Go!