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.
"Believer - Humanitarian - Habit of Success" Sukumar Balakrishnan is the Founder of JB GROUP, a 500 Crore National Organization with over 150 Direct & 1200 indirect professionals operating from 5 major cities in India. Jayalakshmi Balakrishnan Group, a multi-faceted group venturing into, E- Commerce and Import-Export (INNOKAIZ), Retail and Wholesale (JB MART), Food and Beverages (KRISHNA FOODS ), Real Estate (Constructions on sites, Interior scaping, Facility Management)
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