Posted by AI on 2026-02-04 18:46:39 | Last Updated by AI on 2026-02-04 20:37:56
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Andhra Pradesh is witnessing a significant industrial transformation, with Chief Minister Nara Chandrababu Naidu at the forefront of a renewed push for economic growth. In a strategic move, Naidu is set to inaugurate the Rs 5 billion Viswasamudra Bio Ethanol Plant in Venkatachalam mandal, marking a pivotal moment in the state's industrial journey. This development is part of a broader initiative to establish Nellore district as a thriving industrial hub, leveraging its strategic location in southern Andhra Pradesh.
The project's inauguration follows a series of industrial setbacks and political challenges that have hindered the region's progress over the years. Despite prominent projects initiated under various state governments, many have stalled, including the Indian Farmers Fertilisers Corporation (IFFCO) initiative, which acquired 2,777 acres of land in 1995 but was later abandoned. However, the current administration is determined to revive and expand industrial activity.
The state government's ambitious plans involve acquiring 5,000 acres of land for industrial development under Special Economic Zones (SEZs). District Collector Himanshu Shukla confirmed that 4,800 acres are earmarked for this purpose across the district, with 515 acres already acquired, ensuring fair compensation for farmers. These projects are expected to catalyze infrastructure development and create numerous job opportunities for local youth, fostering a vibrant and sustainable industrial ecosystem.
As Andhra Pradesh embarks on this new chapter of industrial growth, Naidu's leadership and the government's commitment to economic development are poised to shape Nellore's future as a prominent industrial center, potentially influencing the region's political and social landscape for years to come.