Andhra Pradesh is ramping up efforts to attract private investment by developing industrial parks under the public-private partnership (PPP) model.

The government has tasked the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) with setting up 75 MSME industrial parks and larger facilities, with ready-to-use infrastructure. The initiative targets industries of all sizes and aims to create world-class industrial hubs by leveraging private sector expertise and financing.

By 2030, the state plans to establish 25 major industrial clusters, focusing on sectors like food processing, life sciences, semiconductors, defence, and aerospace. Specific parks for countries like Japan and South Korea will also be created. This model is designed to ensure operational excellence, transparency, and provide a single-window service to enhance Andhra Pradesh’s position as a key investment hub.