Union Commerce and Industry Minister Piyush Goyal has called for a startup-pleasant overhaul of Andhra Pradesh’s key industrial nodes, urging officials from the country to rapid-music several developmental tasks which can be inside the offing and take steps to attract global capital into the nation.
Speaking at a high-stage event aimed at fostering economic collaboration and innovation, the Commerce and Industry Minister laid out a roadmap that aligns with Prime Minister Modi’s “Viksit Bharat 2047” imaginative and prescient.
His call to action comes at a time whilst Andhra Pradesh is unexpectedly evolving as a favored vacation spot for tech-driven companies, production giants, and international buyers. With its professional personnel, increasing infrastructure, and enterprise-pleasant guidelines, the country is poised to play a key function in shaping India’s startup and commercial future.
Goyal, who chaired a excessive-stage assessment meeting on June 15 on the Tobacco Board in Guntur, assessed the development of three commercial nodes inside the state: Krishnapatnam, Orvakal, and Kopparthy. These 3 industrial nodes are being developed below the aegis of the National Industrial Corridor Development Corporation (NICDC), a government-sponsored body that is tasked with growing subsequent-generation manufacturing hubs across India.
In the assembly, Goyal directed authorities to create innovation-geared up zones within every node, earmarking land for micro, small and medium corporations (MSMEs) and early-degree organizations at subsidised fees.
“The Minister additionally informed officials to earmark zones inside every node for MSMEs and startups, imparting subsidized quotes and geared up with trendy infrastructure and technological support,” the announcement from the ministry said.
The announcement noted that Goyal entreated the officials to organise u . S .-particular funding conclaves that may assist in attracting and enhancing foreign investments into the kingdom…
The Battle for Eyeballs
India’s author economy is on the rise—and the world is looking. In Fortune India’s June 2025 issue, we explore how the media and leisure quarter is fast turning into a critical driving force of monetary growth, with Prime Minister Narendra Modi calling it a key pillar of India’s GDP goals.
From the worldwide streaming wars and bold bets with the aid of Netflix, Amazon, and Jio Studios, to the reinvention of nearby cinema and the turbulence in Bollywood, this Entertainment Special tracks the fierce struggle for eyeballs. Plus, 365 days into the Modi-led government’s third term, we decode its key achievements and the street ahead to Viksit Bharat. Also in this problem, IndiGo CEO Pieter Elbers lays out his bold imaginative and prescient to take India’s biggest airline worldwide.
“He further known as for the creation of a centralized dashboard to allow actual-time monitoring of task progress and advised the adoption of advanced trying out and fine control mechanisms to make certain world-magnificence infrastructure,” the ministry declaration brought.
The Krishnapatnam node—spread over 2,006 acres beneath the Chennai–Bengaluru Industrial Corridor—is expected to attract investments well worth ₹10,500 crore and generate round 100,000 jobs. Orvakal, beneath the Hyderabad–Bengaluru Industrial Corridor, has a deliberate funding of ₹12,000 crore, at the same time as the Kopparthy node beneath the Visakhapatnam–Chennai corridor aims to draw ₹eight,800 crore.
NICDC Managing Director Abhishikth Kishore and CEO Rajat Kumar Saini highlighted the importance of expediting land acquisition and infrastructure readiness to satisfy funding timelines. Saini additionally underlined the need for rigorous best manipulate to ensure international standards.
Andhra Pradesh is the simplest Indian country with nodes underneath 3 separate business corridors, positioning it as a strategic centrepiece in India’s industrialisation plan.
The nation’s imaginative and prescient, encapsulated in the “Swarna Andhra 2047” roadmap, pursuits to marry sturdy infrastructure with sustainable improvement to foster lengthy-time period economic growth.
Goyal, in the meeting, said that Andhra Pradesh is poised to become “Swarnandhra Pradesh”—a image of inclusive, innovation-led boom—signalling a renewed emphasis on local business acceleration to strength India’s broader monetary ambitions.
