The government allotted 531.77 acres for Lauras pharma zone in Rambilli Industrial Park. Laurus will be giving Rs 30 lakh per acre to the government.
In all, Laurus will invest Rs 5600 crore and provide employment to 6350 people.
On the other hand, near Anakapalli, RE New will be setting up a 6MW solar panel manufacturing unit in Rambilli. The government allotted 135.96 acres for the facility. RE New will invest Rs 3700 crore and provide employment to 1200 people.
In Srikakulam, Sancham, VSR Circun Industries has been allotted 22.45 acres for light brick manufacturing unit. Each acre was allotted for Rs 11.62 lakh.
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In Kurnool, another solar panel manufacturing unit is being set up in Orvakallu Industrial hub. 5 GW solar panel and 5 GW solar modules will be manufactured here. Agatsya Energies Industries Private Limited will invest Rs 6933 crore and provide employment to 2138 people.
In Mallamilli Mega Food Park, Avisa Foods and Fuels Limited has been allotted 13.85 acres.
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Near Chittoor Lingapuram's Dinne, government allotted 75.63 acres of land to ECE International to set up Greenfield Integrated Dairy Products' Nutrition Complex. This will bring an investment of Rs 1000 crore and will provide employment to 2000 people.
Sridhar RaaviSridhar is a highly experienced hand in Telugu politics, writing and analyzing political happenings in Andhra Pradesh and Telangana. An IT engineer turned news junkie, Sridhar has a sharp eye for catching news as it unfo…