Home/Markets/India/Article
Markets

Andhra Pradesh proposes six industrial parks under Bharat Audyogik Vikas Yojana

Andhra Pradesh submitted six industrial park proposals under the Bharat Audyogik Vikas Yojana, confirmed by Minister T.G. Bharath. They're under Union review, targeting diverse sectors to enhance local jobs and investments.

BRIC Team
By BRIC Team · BRIC.TV
Published Aug 20, 2026 · 2 min read · 11 views
Andhra Pradesh proposes six industrial parks under Bharat Audyogik Vikas Yojana

Key Takeaways

  • Andhra Pradesh proposes six industrial parks under BHAVYA scheme
  • Projects aim to boost employment and investment in various sectors
  • Minister assures review of proposals for future action
  • Focus includes infrastructure, skill development, and environmental processes

Andhra Pradesh has submitted six proposals for sector-specific industrial parks to the Central government's Bharat Audyogik Vikas Yojana (BHAVYA). State Industries and Commerce Minister T. G. Bharath announced the submission during an A. P. Assembly session on Thursday, confirming all proposals are now with the Union government for evaluation.

These parks are being considered through the challenge route of the BHAVYA process. Proposed sites include the AP Space City in Tirupati, covering over 1,000 acres, as well as the AP Drone City in Kurnool at 485.38 acres. Other locations are the Tekulodu Aerospace and Defence Park in Sri Sathya Sai district with 500 acres, the Makavaripalem Organic Food Park in Anakapalli also over 500 acres, the Renewable Energy Manufacturing Zone in Prakasam district spanning 498 acres, and the Veldurthi Mega Textile Park in Palnadu at more than 500 acres.

Minister Bharath said a state-level committee, along with the state nodal agency APIIC and an internal BHAVYA evaluation committee, was formed under a government order from June 25, 2023. Selection was based on factors like industrial demand, location advantages, connectivity, and potential for employment and investment.

For these projects, detailed reports, master plans, and market assessments have been created. Environmental processes are underway. Infrastructure plans include worker housing, testing facilities, and skill-development resources. The government coordinated with departments to ensure water, power, and road connectivity, securing necessary comfort letters.

During the assembly session, Palla Srinivasa Rao, a legislative assembly member and TDP State president, urged prioritization of chemical and petrochemical parks along the Visakhapatnam–Chennai PCPIR corridor. He highlighted the region's strategic benefits, like its ports and the new Visakhapatnam-Bhogapuram International Airport, saying such parks could boost the pharmaceutical sector and improve raw material supply.

Rao also called for common effluent treatment plants, worker housing, testing and quality-control centers, and skill-development facilities. He advocated for a transparent accident insurance and compensation mechanism for industrial workers.

Senior MLA Somireddy Chandramohan Reddy suggested withdrawing unused land allocations to industries that haven't started operations, proposing these lands be repurposed or given to new companies to boost development.

In response, Minister Bharath assured that the government would review the proposals and take appropriate action after necessary evaluations.

#Andhra Pradesh

Related Articles

US sanctions aim to 'squash' Iran's economy and destabilize its regime

US sanctions aim to 'squash' Iran's economy and destabilize its regime

US Treasury Secretary Scott Bessent called on allies to support new sanctions to cripple Iran's economy and regime. He warned that aiding Iran would have severe consequences, as the US gears up for a major economic pressure campaign.

Rahul Sharma

Aug 20, 20263 views
Manipur economy declines by a decade as ethnic conflict halts development, says NPF MLA

Manipur economy declines by a decade as ethnic conflict halts development, says NPF MLA

Ram Muivah, MLA from the NPF, warns the ethnic conflict in Manipur has set back the economy by a decade, crippling infrastructure and halting development. He insists peace is crucial for future economic growth and attracting investment.

Utkarsh Aggrawal

Aug 20, 20264 views
China launches seasonal container service to Europe via Russia's Arctic route

China launches seasonal container service to Europe via Russia's Arctic route

China's new seasonal container shipping to Europe via the Arctic stirs U.S. concerns over Beijing's rising influence. This highlights Russia's increasing dependence on China after its Ukraine isolation, giving China more leverage in a region critical to Russian security.

Daniel Brown

Aug 20, 20264 views
Tilaknagar Industries announces price hike in Telangana and expansion into Tamil Nadu

Tilaknagar Industries announces price hike in Telangana and expansion into Tamil Nadu

Tilaknagar Industries plans a 12% price hike in Telangana to offset rising costs. The company is also eyeing Tamil Nadu's lucrative liquor market, where it currently earns less than 1% of revenue, despite significant brandy sales.

Utkarsh Aggrawal

Aug 20, 20264 views
Motilal Oswal projects 53% upside for Aditya Infotech shares after Q2 results

Motilal Oswal projects 53% upside for Aditya Infotech shares after Q2 results

Aditya Infotech Ltd. shares surged nearly 5% to ₹3,464 after Motilal Oswal Securities rated it a 'buy' with a ₹4,200 target. The brokerage sees a 53% upside potential, driven by growth in India's video surveillance market.

Shagun Pandey

Aug 20, 20264 views
Eltek reports wider losses in Q2 2026 earnings call due to production inefficiencies

Eltek reports wider losses in Q2 2026 earnings call due to production inefficiencies

Eltek Ltd. posted a $2.7 million net loss in Q2 2026 due to production issues and currency impacts amid strong demand. The company plans to convert its backlog into sales to boost revenue and profitability.

Shagun Pandey

Aug 20, 20265 views