Azad India Mobility has announced the provisional allotment of a 70.71-acre industrial plot in Andhra Pradesh to establish a manufacturing facility for electric vehicles (EVs). The allotment, facilitated by the Andhra Pradesh Industrial Infrastructure Corporation (APIIC), includes an initial allocation of 36 acres for Phase-I, with reservations of 26 acres for Phase-II and 8.71 acres […]
A drone manufacturing unit was inaugurated at the Centurion University of Technology and Management (CUTM) in Vizianagaram on Saturday. The initiative aligns with the Production Linked Incentive (PLI) scheme introduced by the central government to promote the manufacturing of drones and related components. Union Civil Aviation Minister Rammohan Naidu, along with MSME and NRI Affairs […]
Indichip Semiconductors Ltd, in partnership with Japan’s Yitoa Micro Technology (YMTL), has signed an agreement with the Andhra Pradesh government to establish a semiconductor manufacturing facility with an investment of Rs 14,000 crore. The facility, to be located at the Orvakal mega industrial hub in Kurnool, will focus on producing Silicon Carbide (SiC) chips. According […]
Andhra Pradesh has announced plans for a double-decker metro rail system in Vijayawada and Visakhapatnam, with a total proposed network of 66 kilometers and 76.9 kilometers, respectively. The project aims to improve urban mobility and reduce traffic congestion in these cities. The metro system will be implemented in phases. In Visakhapatnam, the first phase will […]
Bharat Petroleum Corporation Ltd (BPCL) has announced plans to develop a greenfield refinery and petrochemical complex on the East Coast of Andhra Pradesh, with an estimated investment of ₹6,100 crore. The company has stated that its board has approved the commencement of pre-project activities, including feasibility studies, land identification and acquisition, environmental assessments, and engineering […]
Chinese electronics company Hisense Group is set to acquire a 15-26% stake in a new manufacturing plant being developed by Epack in Sri City, Andhra Pradesh. The facility, focusing on the production of air conditioners and washing machines, represents an initial investment of ₹250 crore in its first phase, according to a report by PTI. […]
Isuzu Motors India has manufactured 100,000 vehicles at its facility in Sri City, Andhra Pradesh, since commencing operations in 2016. The milestone vehicle was the Isuzu D-Max V-Cross, the company announced in a recent press release. The Sri City facility, which began phase II operations in 2020, includes a press shop and an engine assembly […]
LG Electronics India has announced plans to establish a new manufacturing facility in Andhra Pradesh as part of its strategy to expand production capacity. The facility will complement the company’s existing manufacturing units in Greater Noida and Pune, which have a combined capacity of approximately 1.4 crore products annually. The company aims to enhance its […]
Panasonic Life Solutions India Pvt Ltd, a subsidiary of Panasonic Corporation, has inaugurated a new electrical construction materials (ECM) manufacturing facility in Sri City, Andhra Pradesh. This facility, built to Industry 4.0 standards, represents the company’s first manufacturing base in Southern India and seventh in the country. The facility, spanning 1,33,584 square meters with an […]
NTPC Green Energy Ltd (NGEL), a subsidiary of NTPC, has entered into a joint venture agreement with the New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) to establish renewable energy projects in Andhra Pradesh valued at Rs 2,00,000 crore. The collaboration involves the development of 25 GW of solar, wind, and hybrid energy […]