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Investing
in Andhra Pradesh
Setting
up an industry in Andhra Pradesh is simple and
straightforward. The State Government actively
supports investment, both foreign direct investment
and domestic investment in manufacturing, mining
and infrastructure sectors.
Investment
Opportunities
Andhra Pradesh provides opportunities for investment
in various sectors.The State is rife with investment
opportunities in the main thrust areas – broadly
in the manufacturing, infrastructure and other
sectors categories. In the manufacturing sector
food processing, agro processing (including floriculture),
petrochemicals, basis metals, textiles, leather,
mining and mineral processing, transport equipment,
telecommunication hardware and electronics and
engineering are attracting a great deal of attention.
In
the infrastructure sector development in the areas
of power, ports, roads and bridges, telecommunication
facilities, and industrial infrastructure and
waterways is being specifically emphasized.
Apart
from these, there exists considerable scope in
the sectors of financial services, R and D organization,
component sourcing centres, commercial forestry
and tourism.
Given its inherent strengths, dynamic policies
and quick response government, Andhra Pradesh,
the hub of industrial activity in south India,
is the ideal location for new industries.
- Ranks
number four in investment in existing units.
- Presence
of 71 out of the 500 top global corporates and
63 out of the country’s top 500 companies
- Stands
fifth in cumulative disbursement of assistance
by Central Financial Institutions.
- An
international economic enclave at Visakhapatnam
and a Business District at Hyderabad.
- 208
industrial development areas and industrial
estates with all basic facilities.
- Software
technology park at Hyderabad and home to several
hi-tech computer companies already.
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