ANDHRA PRADESH

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.