Public sector and defence establishment units are lining up huge investments for Andhra, and are in the process of acquiring land with the help of state-owned Andhra Pradesh Industrial Infrastructure Corporation (APIIC).
Disclosing this here today, BR Meena, vice-chairman & managing director of APIIC, said Bharat Dynamics Limited (BDL) had identified lands in five of the six locations to set up manufacturing facilities with Rs 500 crore investment in each of these locations. BDL builds missile systems for the country’s defence forces.
Similarly, Hindustan Aeronautics Limited (HAL) is in the process of identifying land to set up a Rs 4,000-crore manufacturing facility for aerospace products in the state while Bharat Electronics Limited (BEL) will be establishing two new manufacturing facilities — one in Anantapur and the other in Krishna district — besides expanding its Machilipatnam facility.
Also, BHEL-BEL joint venture has sought about 90 acres in Fab City, which has now been transformed into a solar semiconductor park, to set up a solar wafer manufacturing facility with an investment of Rs 2,000 crore.
Midhani and Punj Lloyd are among the new players to have come forward to set up units in the Hyderabad Aerospace SEZ, which already houses the operations of Tata group subsidiaries, according to Meena.
Exports from the special economic zones doubled to Rs 11,753 crore in 2010-2011, as compared with Rs 5,554 crore in the previous year. About 27 of the total 75 SEZs are in operations and have attracted Rs 14,267 crore investments so far, he said, while giving the performance highlights of new industrial parks.
Coming to non-starter projects, the APIIC had so far taken back 4,200 acres of land from 562 companies, which did not make any headway with regard to their investment plans.
Online processing of applications
APIIC chairman Sivarama Subrahmanyam today launched online processing of applications for all future land allotment. Companies, which seek to establish units in the state, can directly make their request for land on the corporation’s website, which also provides the status and availability of land at a particular location. This online application system would enable the authorities to allot land on a first come, first served basis, the chairman said.
