Seemandhra Kotha Projectlu

Vizag-Chennai Industrial Corridor to Spur Seemandhra Growth

The proposed Visakhapatnam-Chennai industrial corridor is expected to give fillip to the economic prospects of See­mandhra. Conceived with an investment of over `1 lakh crore, the prestigious project is expected to create more than 50,000 jobs, both directly and indirectly, in the first phase alone. It is touted as one of the projects that could potentially transform the industrial landscape of Seemandhra in less than a de­cade of its commissioning.
Being set up on the lines of the model Delhi-Mumbai Industrial Corridor project, this is also one of the key sops offered by the Central government as part of the special package to Seemandhra in the Reorganisa­tion Act and will be developed in two or three phases spanning more than 15 years.
“The idea is to create a strong economic base with globally competitive environment and state-of-the-art infrastructure to activate local commerce, enhance foreign invest­ments and attain sustainable development,” says B Ashok Reddy, president, Global Hu­man Resources and Corporate Affairs, Info­tech Enterprises Ltd.
Concedes S V S Rama Raju, president, Operations, Nagarjuna Agrichem, “The pro­posed industrial corridors promise to open the floodgates for new investment opportu­nities and will redefine the economic land­scape of Seemandhra.”