 |
 |
3,00,000 crore Investment Proposals For Andhra Pradesh
Publish Date:Jan 2, 2012
.jpg)
Advertisement
Andhra Pradesh Industries Minister J Geetha Reddy announced that the State has received 140 proposals worth Rs 3,00,000 crore investments for industries across various sectors.
The State Investment Promotion Board (SIPB) has given nod to 24 projects including two in the automotive sector where Mahindra & Mahindra will participate and two in the petrochemical sector of Amerind Petrochemicals (Rs 9,950 crore) and Al Qebla Al Watya (Rs 40,000 crore) in the Petroleum, Chemicals and Petrochemicals Investment Regions (PCPIR) in Visakhapatnam. The proposals that have been given the nod by the SIPB involve an investment of Rs 76,552 crore and these units when completed would directly employ about 71,908 people.
In all, the proposals that Andhra Pradesh received included 29 mega projects, 19 non-mega projects and 15 related to public sector units including BDL, HAL, BEL and NPCL involving an investment of Rs1,22,000 crore. Investment proposals in the power sector were worth Rs 1,67,725 crore, Rs 3,000 crore in the IT sector, Rs 20,000 crore for infrastructure projects and Rs 1,300 crore tourism projects, he said.
If the proposed projects materialise they would result in creating employment to more than 2,50,000 people, the minister said. Meanwhile, the state is making arrangements for ‘New age innovation partnership summit’, a prestigious event where delegates from 26 countries are expected to participate. The event, being organised in association with Confederation of India Industry, will be held at Hyderabad from January 11 to 13.
http://www.teluguone.com/news/content/300000-crore-investments-in-andhra-pradesh-20-10492.html
|
|
|
Rajnath Singh smooth punch to congress for coining Hindu Terrorism
Kejriwal urges Jung to dissolve Delhi assembly, says delay encouraging poaching of legislators
.jpeg)
Former minister D.K. Samarasimha Reddy met Telugu Desam chief N. Chandrababu Naidu on Monday at Gadwal, sparking off rumours that he might be joining the TD
.jpg)
New HRD minister M Pallam Raju received the biggest promotion in Sunday's ministerial reshuffle and the decision may have gone down to the wire before the mantle fell on the Kakinada MP
.jpg)
Trusts and charities in Andhra Pradesh are the third biggest recipient of foreign funding in the country. In just one year, these organisations received Rs 1,324.87 crore from abroad in 2009-10,
.jpg)
Hurricane Sandy Photos: Millions of people are without power in the U.S. northeast as the powerful post tropical storm Sandy pummels the region with hurricane force winds, rain, and a dangerous storm surge that has caused flooding in many coastal areas including parts of New York City.
.jpg)
Hurricane Sandy News: Millions of people are without power in the U.S. northeast as the powerful post tropical storm Sandy pummels the region with hurricane force
.jpg)
After posing nude for the cover of the Playboy magazine, actor Sherlyn Chopra is all set to set the screen on fire in Rupesh Paul directorial next “Kamasutra 3D”.
.jpg)
Actor Nani Marriage Pics: Nani and his fiancee Anjana's marriage was held at the Rishikonda Resorts in Vishakapatnam on 27th October, 2012.
.jpeg)
A Tsunami warning had been issued for Hawaii on Sunday. Hawaii is fairly exposed to waves which are usually generated by volcanic activity along the west coast of the Americas.
.jpg)
