Government of Andhra Pradesh is planning to set up three National Investment and Manufacturing Zones (NIMZs), in the state.
For the purpose, the government has asked Industries Department to invite Expression of Interest from private developers for setting up the three NIMZs in Medak, Chittoor and Prakasam districts.
Sumitomo Corporation of Japan and Mahindra Lifespaces of the Mahindra & Mahindra group have already expressed interest in partnering with Chittoor and Medak NIMZs respectively.
The state government has already approved the site for Medak NIMZ to the extent of 12,635 acre. The land extent for Chittoor NIMZ was also sanctioned.