Latest news with #AndhraPradeshIndustrialInfrastructureCorporation
The Hindu
22-05-2025
- Politics
- The Hindu
Renovated Sullurpeta railway station inaugurated
The Sullurpeta railway station, which was renovated and modernised under the 'Amrit Bharat Station' project, was formally inaugurated by the Prime Minister Narendra Modi in virtual mode, on Thursday. Sullurpeta is an important station as it connects travellersbound to Sriharikota space centre, Pulicat and Nelapattu bird sanctuaries, Sri City and Andhra Pradesh Industrial Infrastructure Corporation's (APIIC) industrial estate at Tada. Union Minister of State for Communication Pemmasani Chandrasekhar took part in the event, along with Sullurpeta MLA Nelavala Vijayasree, Collector S. Venkateswar, Southern Railway Divisional Railway Manager (Chennai) B. Vishwanath Eerya, BJP State vice-president Vakati Narayana Reddy and TDP Tirupati district president G. Narasimha Yadav. Mr. Chandrasekhar said that the 'Amrit Bharat Station' project was Prime Minister Narendra Modi's idea to provide world-class facilities to passengers bound to every place, even rural railway stations. He called the 'Vande Bharat' series of trains a result of the Union government's far-sightedness. Sullurpeta Revenue Divisional Officer Kiranmayee and other Railway officials took part.
The Hindu
10-05-2025
- Business
- The Hindu
Bharat Sindoor MSME Park to provide jobs to over 1,000 local youth: Nellore Rural MLA
Nellore Rural MLA Kotamreddy Sridhar Reddy laid the foundation stone forBharat SindoorMSME Park, at Amancherla village, in SPSR Nellore district, on Saturday. Constructed across 60 acres of land, the park is expected to provide employment opportunities to over 1,000 local youth and promote industrial growth in the region. Speaking to The Hindu, the MLA said, 'As per the directions from Chief Minister Nara Chandrababu Naidu, the park is named 'Bharat Sindoor' to symbolise the courage and sacrifices of the Indian soldiers and the pride of Indian women. The name reflects the resilience and spirit of our nation, as suggested by our Chief Minister.' 'This park is a step towards empowering unemployed youth with new job opportunities. Andhra Pradesh government has sanctioned ₹7 crore for its infrastructure. The first phase of construction will take place in 30 acres of land during the next three months, and the second phase will be completed in the remaining 30 acres in a couple of months,' Mr. Sridhar Reddy said. 'This is likely to accommodate nearly 130 industrial units once it is fully operational. The Andhra Pradesh Industrial Infrastructure Corporation (APIIC) is trying to acquire 90 acres adjacent to the plot to make it an overall 150-acre project in the coming years. The State government is ready to allocate more funds for the development of the park,' he informed.
Hans India
08-05-2025
- Business
- Hans India
Lokesh to lay stone for Rs 5,001 cr LG plant in Sri City today
Tirupati: South Korean electronics giant LG is set to establish its third manufacturing unit in India with an investment of Rs 5,001 crore. The new facility will come up in Sri City, marking the company's first unit in the southern region of the country. The groundbreaking ceremony is scheduled for Thursday, with Minister for Education and IT, Electronics and Communications Nara Lokesh to lay the foundation stone. The Andhra Pradesh government gave its nod for the mega investment in April. The project will be LG's third plant in India after its existing units in Pune and Noida. The Andhra Pradesh Industrial Infrastructure Corporation (APIIC) has allotted 188 acres of land near Kolladam village in the Phase 2 expansion area of Sri City for the initial phase. An additional 70 acres will be provided in the second phase. The state government has also extended a customised incentive package to support the project. This includes complete water subsidy for 20 years, and exemptions from stamp duty and registration charges. Once operational, the plant is expected to generate direct employment for around 1,500 people, while nearly 5,000 others are likely to benefit from indirect employment opportunities across Tirupati, Nellore, and neighbouring districts. In view of the Thursday's event, District Collector Dr S Venkateswar, along with Superintendent of Police V Harshavardhan Raju, Sri City MD Ravindra Sannareddy, Joint Collector Shubham Bansal, Additional SP Ravi Manoharachari, Sullurupeta RDO Kiranmayi, and representatives from LG conducted an inspection of the arrangements at the project site on Wednesday. They reviewed the preparations for Minister Lokesh's visit. District Collector S Venkateswar, SP V Harshavardhan Raju, Sri City MD Ravindra Sannareddy and others discussing groundbreaking ceremony arrangements at Sri City on Wednesday
The Hindu
01-05-2025
- Business
- The Hindu
Stop acquiring public lands, use APIIC's 44,000 acres first: CPI (M)
CPI(M) State Secretary V. Srinivasa Rao has urged the State government to halt the acquisition of people''s lands for industrial development. He pointed out the vast yet underutilised land bank held by the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) in the State. In a telephonic conversation with The Hindu on May Day, Mr Rao said: 'Although APIIC controls 1.44 lakh acres of land and has already allocated 1 lakh acres to various companies, even a decade later, many companies have failed to establish industries. The government should take back the lands from these companies and give them to new entrepreneurs. There is no justification for further acquiring public land when 44,000 acres are still available with the APIIC.' He highlighted how many corporate companies acquired lands in Visakhapatnam under the pretext of creating employment opportunities, but failed to deliver on their promises, duping the government. He is of the opinion that the government should promote small-scale industries in a big way. He said: 'It is the small-scale industries that can create significant employment in rural and semi-urban areas.' He criticised the introduction of the new labour codes which replaced the earlier Labour Acts. He highlighted that the codes fail to safeguard the rights and welfare of workers across the country. He said: 'The labour codes favour companies and interests of corporates. The workers have lost several benefits that they previously enjoyed.'
Hans India
01-05-2025
- Business
- Hans India
AP CM Chandrababu to visit Nellore today, to participate in pension distribution
Chief Minister Chandrababu Naidu is set to visit Nellore district on Thursday, focusing on various development initiatives within the Atmakur constituency. This marks Naidu's second visit to the area since the formation of the coalition government. During his visit, the Chief Minister will actively participate in the distribution of pensions under the NTR Bharopa Pension Scheme at the Palem Tribal Colony and engage with construction workers in celebration of May Day. Additionally, he will assess the MSME (Micro, Small and Medium Enterprises) projects developed by the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) with a view to establishing industries that promise a brighter future for local youth. The tour schedule is as follows: Naidu is expected to arrive at the helipad located within the premises of the Girls' Gurukula School at 11:30 am. He will commence his activities with the pension distribution at the Palem Tribal Colony at 11:50 am, followed by an interaction session with construction workers near the Andhra Engineering College at 12:10 pm. At 12:35 pm, he will inaugurate the Narampet MSME Park and virtually launch 50 MSME parks across the state. Naidu will also host an interface programme with local residents at the Prajavedika from 1:30 pm to 3:00 pm, before meeting with party workers near TIDCO between 3:05 pm and 4:35 pm. He is scheduled to depart from the helipad at 4:40 pm.
