Wednesday, July 16, 2008

Four SEZ projects to come up in Nellore - July16, 2008

The sleepy hamlets in Nellore district in coastal Andhra Pradesh are waking up to fast-paced industrial development with four special economic zones and nine other mega projects coming up in the region. The total investment intentions for Andhra Pradesh in 2006-07 was Rs 25,173 crore, next only to Gujarat, and Nellore district was getting a good share of it. Easy access through road and railway network, having two airports -- Chennai and Tirupati -- nearby, an 169-km coastline and the upcoming industrial port in Krishnapatnam are attracting a number of business houses to set bases in the southern district. The 13 mega industrial projects with a proposed investment of Rs 40,150 crore, which are under different stages of implementation, will provide employment to nearly 1,35,000 people.

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