state

ANDHRA PRADESH

Home to about 1,00,000 MSMEs and 900+ Large and Mega units in the State, employing over 15 Lakh workforce under direct employment.
Largest exporter of marine products amongst Indian States.
Largest source of Barytes, Shale & Slate Reserves, and Offshore gas field in India.

Last Update : 11-07-20

India’s Gateway to the East with 6 existing ports and 7 ports under development

Over 300 Industrial Parks in the State spread over 43,233.57 acres.

90,000 acres of land is being developed as industrial nodes under VCIC & CBIC.

Over 123,000 km of road network and 2,600 km of rail network and round the clock power supply. Total installed capacity in the State stood at 19,159 MW as on 31st March 2019.

Marquee private Industrial Parks such as Sri City, Jawaharlal Nehru Pharma City(NPC), GMR Special Investment Region Kakinada, IFFKO SEZ, among others.

Single Desk Portal (SDP) mandating time-bound delivery of services.

Tailored incentives on case-to-case basis. Some standard incentives are,

    • Special Capital Subsidy – Upto 25% of Fixed Capital Investment
    • Power Subsidy of INR 1 per unit for 5 years
    • Reimbursement of SGST upto 100% for over 7-10 years
    • Skill Development Subsidy of INR 10,000-15,000 per person
    • 100% reimbursement of Stamp Duty Reimbursement.
    • In September 2017, USISPF led a delegation to meet the then Chief Minister Chandra Babu Naidu and the Andhra Pradesh Economic Development Board (APEDB) to strengthen the economic cooperation dialogue.
    • In October 2017, USISPF hosted the then Hon’ble Chief Minister in Des Moines, Iowa for an Industry roundtable. In February 2018, USISPF hosted Minister of Information technology and Rural Development in California and New York. The engagements were organised to build on the 2017 USISPF led delegation to Amravati.
    • In 2018, USISPF President, Mr. Mukesh Aghi, led a business delegation to the Partnership Summit 2018, held at Vishakhapatnam. Dr. Aghi was a speaker at the Plenary Session to discuss the rising potential of Andhra Pradesh becoming a hub for US Companies.
    • In April 2020, USISPF organised a webinar with the Mr. Rajat Bhargava, Special Chief Secretary, Industries along with Secretary, Information Technology (IT) and Director APEDB, to brief our member companies on the State’s response to COVID-19 and use of IT to tackle the pandemic and further opportunities for US companies to step in to help the State.
  • Pharma and Chemicals
  • Agriculture and Food Processing
  • Aerospace and Defense
  • Textiles and Garments
  • IT and Electronics
  • Automobile and
    Auto-components

POLITICAL PARTY: YSR CONGRESS PARTY

KEY DIGNITARIES OF THE STATE

Chief Minister: Y.S. Jagan Mohan Reddy
Chief Seceratry: Nilam Sawhney
Minsiter for Industries: Mekapati Goutham Reddy
Special Chief Secretary, Industries & Commerce:
R. Karikal Valaven