The speed with which the businesses are easier is helped by Andhra Pradesh at the rest of large shops, says Minister of Industrial and Business Ministers TG Bharat. File | Photo Credit: U. SubraManyam
The Andhra Pradesh government is preparing for the Mega Foundation integrated by the Arcelor Mittal-Nippon Steel (AM & NS) in the Anakapall district in October and by the end of 2028 it will complete it.
Kadapa race
In addition, the Chief Minister of N. Chandrababa Naida is constantly touching the Jindal group to give a tangible shape to the steel plant in the Kadap district, which is to be established in accordance with the 2014 AP reorganization law, but for more than ten years.
As far as the AM & NS steel plant is concerned, up to 6,000 hectares of land has been obtained and the check -in is expected to come out in September, and the TG Bharat Section, and claims that some of the main players in the steel sector (except AM&N) explore opportunities to invest in the state.
On Saturday, in an exclusive interview with Hindu, Mr. Bharat said that the highest priority was given the establishment of the AM & NS race and the revival of the Visakhapatnam steel plant, which achieved a turnover due to the financial package given by the central government after starting to dissolve the disinvestment.
More in the pipeline
On the other hand, the government has cleared several proposals for the establishment of industries with investments from 100 crore to 5,000 crore in recent months. They are at different stages and many of them are in the solar energy sector, pharmaceutics and semiconductors. Steps are taken for the development of the industrial corridor between Lepakshi and Orvakal.
Mr. Bharat said that at the Skyroot Aerospace based in Hyderabad, which at the end of 2022 sent the first privately built missile of India, she expressed an enthusiastic establishment of a test facility in the Sriharikota. In addition, some large semiconductor production units were in the process of establishing South Korean and Taiwanese companies.
Policy of Industrial Development AP (4.0) 2024-29, food processing policy AP (4.0) 2024-29, AP MSME & EDP (4.0) 2024-29 and AP Private Industrial Parks Policy (4.0) 2024-29 laid a comprehensive framework necessary to transform the state into progressive industrial destination.
The speed at which the businesses made it easier was helped by Andhra Pradesh at the calm of large shops, Mr. Bharat said, adding that several major projects were in the pipeline and the state would keep its leadership in the ease of commercial charts.
Published – 5 July 2025 17:44
