Nellore: On the verge of rapid industrialisation
Nellore district, which is officially known as Sri Potti Sriramulu Nellore district, has the potential to becoming a mega industrial corridor.
image for illustrative purpose
Nellore: Nellore district, which is officially known as Sri Potti Sriramulu Nellore district, has the potential to becoming a mega industrial corridor. With a good number of industrial ventures coming up in close proximity to the Chennai-Kolkata highway, the district, bordered by the Bay of Bengal, is already witnessing rapid industrialisation.
The district received a shot in the arm in December 2020 with the central government approving the proposal, besides making a budgetary allocation for the development of Krishnapatnam Industrial Area under the Chennai-Bengaluru Industrial Corridor (CBIC) at an estimated cost of Rs 2,139.44 crore.
The district is home to 16 mega, 54 large, and 5,233 MSMEs. Plans are afoot for the establishment of nine mega industries, 17 large industries and 384 micro, small and medium enterprises (MSMEs) in the district.
The major industrial and businesses include power generation, metal products manufacture, service projects, agro-based and food products making, non-metallic mineral products making, drugs and chemicals manufacture, textile and apparel making, electrical products making, leather products and plastic product manufacturing units.
As per official data, in the district, there are 12 power generation units, 10 metal product units, 23 agro based and food product units, 9 non-metallic mineral product units, 6 drug and chemical plants, 2 textile and apparel units, 2 units that produce electrical products, 1 leather manufacturing unit and three plastic plants.
However, Tata Chemicals, Bharat Forge, Hindustan Coca Cola, Kribhco, Tarakeswara, Kandukuri Shirts, VBC Glass, have yet to start their activities.
Huge scope for agri-based industries
Penna, Swarnamukhi and Kandaleru are the rivers that flow in the district. Rice is the staple food of the people, and hence paddy is the principal food crop.
Therefore, there is scope for agri-based industries such as rice bran oil plants, sugar factories, rice and par boiled rice mills in this district.
The district, which shares its borders with Tamil Nadu and is close to Chennai, is also home to aquaculture. Fish and prawns are also available in plenty. There are a good number of aqua processing plants in the district. The power supply to the district is through Grid of Machkund and Tungabhadhra hydroelectric projects, besides Nellore thermal station.
Investment opportunities:
• Rice mills, food processing industries
• Aquaculture
• MSME Sector
• Mining sector
