ANDHRA PRADESH offers Conducive Business Environment. The state stood FIRST in the country under ‘Ease of Doing Business’. It has achieved the highest feedback (97.89 per cent) amongst all the states by the industries surveyed under BRAP 202221. The state has re-engineered 5 Acts under the framework of Labour Laws to provide spot approval on services. These have reduced the average time to start a business to 21 days. The state has also repealed 26 obsolete /redundant acts administered by the Revenue and Water Resources Departments.
The AP government has also reduced service delivery time by half for 18 services under the Municipal Administration and Urban Development Department for the businesses. The state also offers a Robust Industrial Infrastructure for the investors. The State is renowned for its structured approach to the development of Industrial Parks. AP has 534 Industrial Estates equipped with best-in-class infrastructure such as power, water, ETP, STP, common facilities, plug-and-play facilities, etc.
The State has an abundant land bank (50,000+ acres) for industrial development, with 'Industrial Zoning' as the key focus area to provide a risk free'investment-friendly environment. YSR Jagananna Mega Industrial Hub being developed in Kopparthy, YSR district with a vast land bank of 6,900+ acres with pre-cleared approvals, competitive land cost, ready-built Plug & Play Sheds, robust state-of-theart infrastructure including trunk infrastructure, CEPT, power, bulk water supply and more.
AP is the only state that has 3 National Industrial Corridors, across 46,555 acres of land bank. These are Visakhapatnam - Chennai
Industrial Corridor (VCIC), Chennai Bengaluru Industrial Corridor (CBIC), and Hyderabad-Bangalore Industrial Corridor for accelerated industrial development across the state.
Denne historien er fra March 11, 2023-utgaven av Business World India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra March 11, 2023-utgaven av Business World India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
MEMORIES & IMPRESSIONS
Ratan Tata was an exceptional human being. He was a visionary leader, esteemed industrialist, and a humanitarian, who left an indelible mark on India and the world.
The Robotaxi Market
The robotaxi market is shaping up to be a high-stakes battleground as tech giants and automakers race to transform urban mobility.
And the Nobel Prize Goes to AI
The recent Nobel Prize T awards to AI pioneers affiliated with Google have sparked a broader conversation about Big Tech's influence on research and the limitations of traditional prize categories.
Ola Electrified
Once considered a trailblazer in India’s electric vehicle (EV) ecosystem, Bhavish Aggarwal’s Ola Electric now faces a major accountability crisis.
Sharp Slide in Industrial Output on Eve of Deepavali
India’s index of industrial production (IIP) saw a sharp reversal in August, contracting by 0.1 per cent, in stark contrast to the 4.7 per cent growth in July, mostly because of significant contractions in mining and electricity generation.
Heralding the Solar Era with Sustainable Electrification
RAJEEV KASHYAP on the economics of solar power, the hurdles in scaling it, and much more
A WELL-GREASED MACHINE
The OmniBook X14 laptop runs on first-generation Snapdragon X Elite, which bets big on Al-enabled productivity and battery life, but falls short when it comes to overall experience, says Deep Majumdar
DO NOT LETA HEALTH CRISIS RUIN YOUR FINANCIAL HEALTH
For a family of four living in a metro, it is recommended to opt for a family floater health insurance plan with a sum insured of at least Rs 15-20 lakh
Disruption Ahead: Beyond Organisation Charts and Structures
ALBERT EINSTEIN FAMOUSLY said, “We cannot solve our problems with the same thinking we used when we created them.
Dr. Rahul Shivajirao Kadam: A Visionary Leader Blending Sustainability, Innovation, And Social Empowerment
We are on the stage of global warming, and these technologies not only help prevent further damage but also leave behind a better environment for future generations.
