AP has 48,000 acres on offer for industries: Minister Gudivada Amarnath

Andhra Pradesh boasts of three industrial corridors passing through it with 48,000 acres of land set aside for industries, state IT and Industries Minister Gudivada Amarnath said at a roadshow in Hyderabad on Friday.

He revealed the availability of such huge parcels of land for industrial allotment in the run-up to the Global Investors Summit (GIS) scheduled on March 3 and March 4 in Visakhapatnam.

"Andhra Pradesh is the only state with three industrial corridors i.e Visakhapatnam-Chennai, Chennai-Bengaluru and Hyderabad-Bengaluru where we have 48,000 acres of land for industrial allocation," said Amarnath.

According to the minister, AP is the only state in south India to get a bulk 'drugs park' as well as being consistently ranked number one for ease of doing business in the past three years.

"With a new policy coming up for 2023-2028 in the next few days, we are aiming to create an inclusive and balanced regional development, promote startup culture and ensure skill development,"