The Hindu : Front Page : Plan to set up major industrial corridor

Online edition of India's National Newspaper
Friday, Sep 14, 2007
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Plan to set up major industrial corridor

M. Venkateswara Rao

VIJAYAWADA: The State Government is taking up an ambitious plan to develop Hyderabad-Vijayawada-Visakhapatnam Growth Corridor (HVVGC) to give thrust to industrial growth in Ranga Reddy, Hyderabad, Nalgonda, Krishna, West Godavari, East Godavari and Visakhapatnam districts.

Three other districts -- Guntur, Khammam and Warangal -- also would come under the influence of the project.

Under the project, the Government has identified six area-specific industrial hubs extending over 10,000 hectares to attract investments up to Rs. 8,000 to Rs. 10,000 crore and generate 8-10 lakh additional employment.

The Government would provide high speed rail/road connectivity along the corridor with feeder road linkages, besides infrastructure facilities like underground water, sewer lines, oil and gas pipelines, power and telecommunications etc, at a cost of Rs. 15,000 crore in the first phase.

Andhra Pradesh has emerged as one among the five progressive economy States in the country contributing about seven per cent of national economy.

Industrial hubs

On the basis of the potential for growth and inherent strengths of various locations in the influence area, six industrial hubs, which would be spread over a minimum radius of 100 sq. km, have been identified.

Hub 1: Hyderabad will be developed as a prime transport hub with the international airport coming up at Shamshabad and also for IT/ITES, biotechnology, pharmaceuticals and tourism. Hub 2: Suryapet-Miryalaguda-Jaggaiahpet region as agro and food processing hub. Hub 3: Vijayawada-Machilipatnam region as regional transport hub as well as knowledge centre.

Hub 4: Rajahmundry as textile and trading hub. Hub 5: Kakinada as petroleum and chemicals, petrochemicals investment region.

Hub 6: Visakhapatnam-Anakapalle-Tuni region as special industrial and transport hub.

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