Andhra Pradesh Forges the Future: NIMZ Blazes a Trail for Industry

Andhra Pradesh Industrial Infrastructure Corporation Limited (APIIC) is spearheading the development of a National Investment & Manufacturing Zone (NIMZ) in Prakasam District, Andhra Pradesh, as part of its strategic initiative to propel industrial growth in the region. Spanning an impressive 14,378 acres, this ambitious project aims to attract substantial investments, establishing a world-class manufacturing hub with cutting-edge infrastructure while prioritizing sustainability.

The NIMZ project in Prakasam District features plug-and-play infrastructure, offering ready-to-occupy industrial sheds and plots. It boasts advanced facilities for logistics, power, water, and waste management, with a special emphasis on promoting clean and energy-efficient technologies. The design includes dedicated zones tailored for specific industries such as food processing, pharmaceuticals, textiles, and electronics, complemented by skill development centers and research & development institutions. Investors can benefit from attractive incentives and business-friendly policies, leveraging the project's convenient location with proximity to major highways and ports.

The target audience for this endeavor encompasses domestic and international manufacturers spanning various industries, logistics companies, research and development organizations, educational institutions, and investors seeking high-growth opportunities within a supportive environment. The project promises significant contributions to industrial development, economic growth, job creation, increased exports, and foreign direct investment, fostering technological advancements and innovation across diverse sectors. Furthermore, it aspires to establish a sustainable and eco-friendly industrial ecosystem, ultimately enhancing both infrastructure and living standards in Prakasam District.

As on January, 2024. Project has gotten approvals. All approvals were granted. By March 2024, project construction will begin.

News by Rahul Yelligetti