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Project NIMZ

National Investment and Manufacturing Zones (NIMZs) in Andhra Pradesh

  • The Government of India (GoI) has announced a National Manufacturing Policy, 2011, with the objective of enhancing the share of manufacturing in GDP to 25% within a decade and creating 100 million jobs. As per the Policy, “NIMZs will be developed as integrated industrial townships with state-of-the art infrastructure and land use on the basis of zoning; clean and energy efficient technology; necessary social infrastructure; skill development facilities, etc.”
  • In pursuit of taking forward the GoI initiative, Government of Andhra Pradesh (GoAP) proposed to develop NIMZs at Chittoor and Prakasam Districts for which In-principle approval was already accorded by GoI. APIIC engaged IIDC Limited (An IL&FS Group Company) for preparation of TEFS Report Cum Development Plan and Final application and the same were submitted to Govt. for final approval. The Salient features of these NIMZs are as below.
Details CHITTOOR NIMZ PRAKASAM NIMZ
Location/Mandals Falls within Valmikipuram (Vayalpad), Kalikiri and Gurramkonda mandals, Chittoor Dt. (Close to Chennai – Bangalore Industrial Corridor – CBIC) Falls within Pamaru and Pedacherla Palli mandals, Prakasam Dt. (Falls in Vizag-Chennai Industrial Corridor – VCIC)
Extent Proposed 12818.51 acres (51.875 sq.km / 5187.467 ha)) 14,231 acres (57.59 sq.km / 5,759 ha.)
Est. Project Cost
(External & Internal Infrastructure)
Rs. 11,693 Cr Rs. 10,859 Cr
Economic Benefits (Expected) Investments : Rs. 40,000 Cr Employment : 1.92 Lakhs (Direct & In-direct) Exports: Rs 20,300 Cr Investments : Rs. 43,7000 Cr Employment : 2.5 Lakhs (Direct & In-direct) Exports: Rs 24,000 Cr
News & Updates
pdf All the entrepreneurs are requested to deduct the TDS U/s 194-IA of Income Tax Act, 1961 while making the payment of Balance land cost where the allotment value is Rs.50.00 lakhs and above    pdf Meet VC & MD, APIIC online /in person every Monday @11 AM    pdfNo rebate is allowed on the difference amount payable in future.
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