AP gives clearance to 217 projects!

These days, many people including some political parties from within are striving hard to hamper the development activities in Andhra Pradesh. But the industrial friendly policies adopted by the state government keep attracting the industries.

During the peak of the crisis situation in the last two weeks, Andhra Pradesh government has given clearance to as many as 217 projects out of 417 applicants. Seven out of them are Mega projects that brings a whooping investment of Rs.2, 003 crores and likely to create 35, 700 jobs for the youth in the state.

They are:

1. NHK Springs India (Auto-components unit of Isuzu Motors)

2. Greentech Industries (Auto-components unit)

3. Divis Laboratories (Active Pharma Ingredients)

4. Vayhan Coffee (Premium instant coffee plant)

5. Mohan Spintex (Textile)

6. Indian Designs (Textile and Garments)

7. Jain Irrigation (Mega Food Park).

The State Investment Promotion Board (SIPB) briefed the Chief Minister Chandrababu Naidu about these major achievements during a meeting held at his office on Monday. The SIPB is also glad to inform him that Department of Industry Policy & Promotion (DIPP) had given 285 indicators for States to rank themselves and A.P. was complying with 190 indicators, while 50 do not apply to the state. It was estimated that ease of doing business in the state is around 70 per cent.

If, Mr. Naidu’s distractors allow him to focus his full attention on the state development, the state will certainly spearheads and may make many such achievements within next 4 years period. Hence, CM Chandrababu Naidu has to develop such a mechanism in his government that it will ensure a smooth and speedy industrial development in the state, irrespective of the disputes and problems created by his rivals.