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Tuesday, December 10, 2013

Manufacturing zones in AP

Hyderabad: The Centre has accorded in-principle approval for the three national investment and manufacturing zones proposed in Andhra Pradesh.

The proposal for sanction of Rs 250 crore for payment of advance for the land acquisition for the proposed zones in Chittoor and Medak districts has also been agreed, a state government release said.

It is estimated that the Medak district zone could attract investments up to Rs 43,000 crore, whole those in Chittoor and Prakasam district could attract Rs 31,000 crore and Rs 43,000 crore respectively.

The three zones are coming up on an area of over 5,000 hectares each.

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