Posted by AI on 2026-01-28 13:29:00 | Last Updated by AI on 2026-02-04 12:19:47
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The sun shone brightly over Nellore as the district celebrated the 77th Republic Day, but the real excitement lay in the economic prospects unveiled during the ceremony. District Collector Himanshu Shukla proudly announced that Nellore is rapidly transforming into a bustling industrial hub, attracting significant investments and creating thousands of jobs.
A recent Industrial Summit in Visakhapatnam showcased Nellore's potential, with 12 multinational companies committing a staggering Rs 17,479 crore in investments. This move is expected to provide employment opportunities for 10,000 youth, addressing a pressing need in the region. The IFFCO-Kissan Special Economic Zone (SEZ) is at the heart of this transformation, with proposed infrastructure investments of Rs 870 crores across 2,776 acres. This project alone will create a massive 70,000 jobs, both direct and indirect, offering a brighter future for the district's residents.
Another significant development is the Bharat Petroleum Company Limited (BPCL) project, a historic investment of Rs 96,862 crores, which will undoubtedly boost the state's economy. The district's industrial growth is further evidenced by the 134 small and medium enterprises granted permissions this financial year, with a combined investment of Rs 4.26 crores. This balanced approach ensures that both large corporations and local businesses contribute to Nellore's economic renaissance.
Collector Shukla's announcement highlights a strategic shift towards industrialization, promising a prosperous future for Nellore. With substantial investments and a focus on job creation, the district is poised to become a major economic player in the region, potentially attracting further development and improving the lives of its citizens.