HYDERABAD: After initial hiccups over the level of land to be had for the producing sector, the Mallavalli industrial park is emerging as a key manufacturing vacation spot, consistent with trade resources.
The industrial park is 43km from Vijayawada. Demands by farmers for a greater value for their land in Mallavalli had ended in the delays in finalising the contours of the park, which now could be unfold over 1,400 acres.
According to Anne Sivanageswara Rao of SambaSiva Auto Industries, the decision by Ashok Leyland Ltd., India’s 2nd biggest industrial vehicle manufacturer, to set up a bus meeting unit in Mallavalli had served as a pressure multiplier to encourage different investments within the park.
“Land is to be had at Rs. 16.5 lakh in keeping with acre. The govt is setting up an means street to the park from the freeway. The street was behind schedule as a result of native farmers have been not easy a higher value for the land to make the road. I'm told the AP govt paid up to Rs. 30 lakh in keeping with acre for acquiring the land for the means street,” Rao mentioned by phone from Vijayawada on Friday.
JSRK Prasad, former president of CII-AP says, “There was a necessity for every other industrial park as a result of there's no room to enlarge in Jawahar Auto Nagar, and the federal government after all chose Mallavalli to promote funding within the manufacturing sector.”
Prasad mentioned that back in 1966 when the Jawahar Auto Nagar was set up, it were at the outskirts of Vijayawada. Now the Autonagar is correct in the course of Vijayawada, and not using a prospects to extend it past the 275 acres it initially had.
The Mallavalli unit of Ashok Leyland will be the eighth production website of the corporate. AP leader minister N Chandrababu Naidu laid the basis stone for ALL’s bus-assembly unit on 31 March this 12 months. ALL expects to start out industrial production on the meeting plant inside of six months from the basis stone-laying rite, the corporate’s CEO and managing director Vinod K Dasari had mentioned in March.
ALL had received 75 acres of land within the industrial park, with the choice of acquiring every other 75 acres for long run enlargement. The Hinduja-owned ALL would be making an investment Rs 170 crore within the plant.
Sivanageswara Rao mentioned that several auto part gadgets would be putting in their manufacturing amenities in Mallavalli to function vendors to ALL.
“Apart from auto part vendors, the economic park is also to be a home to a food processing park. The APIIC is growing the infrastructure for a food processing park in Mallavalli,” says Prasad.
Besides auto parts and food processing, every other house this is being all in favour of for housing in Mallavalli is the logistics sector.
The industrial park is 43km from Vijayawada. Demands by farmers for a greater value for their land in Mallavalli had ended in the delays in finalising the contours of the park, which now could be unfold over 1,400 acres.
According to Anne Sivanageswara Rao of SambaSiva Auto Industries, the decision by Ashok Leyland Ltd., India’s 2nd biggest industrial vehicle manufacturer, to set up a bus meeting unit in Mallavalli had served as a pressure multiplier to encourage different investments within the park.
“Land is to be had at Rs. 16.5 lakh in keeping with acre. The govt is setting up an means street to the park from the freeway. The street was behind schedule as a result of native farmers have been not easy a higher value for the land to make the road. I'm told the AP govt paid up to Rs. 30 lakh in keeping with acre for acquiring the land for the means street,” Rao mentioned by phone from Vijayawada on Friday.
JSRK Prasad, former president of CII-AP says, “There was a necessity for every other industrial park as a result of there's no room to enlarge in Jawahar Auto Nagar, and the federal government after all chose Mallavalli to promote funding within the manufacturing sector.”
Prasad mentioned that back in 1966 when the Jawahar Auto Nagar was set up, it were at the outskirts of Vijayawada. Now the Autonagar is correct in the course of Vijayawada, and not using a prospects to extend it past the 275 acres it initially had.
The Mallavalli unit of Ashok Leyland will be the eighth production website of the corporate. AP leader minister N Chandrababu Naidu laid the basis stone for ALL’s bus-assembly unit on 31 March this 12 months. ALL expects to start out industrial production on the meeting plant inside of six months from the basis stone-laying rite, the corporate’s CEO and managing director Vinod K Dasari had mentioned in March.
ALL had received 75 acres of land within the industrial park, with the choice of acquiring every other 75 acres for long run enlargement. The Hinduja-owned ALL would be making an investment Rs 170 crore within the plant.
Sivanageswara Rao mentioned that several auto part gadgets would be putting in their manufacturing amenities in Mallavalli to function vendors to ALL.
“Apart from auto part vendors, the economic park is also to be a home to a food processing park. The APIIC is growing the infrastructure for a food processing park in Mallavalli,” says Prasad.
Besides auto parts and food processing, every other house this is being all in favour of for housing in Mallavalli is the logistics sector.
Mallavalli emerges as manufacturing hub
![Mallavalli emerges as manufacturing hub]()
Reviewed by Kailash
on
June 29, 2018
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