Japanese hub proposal brings cheer to industrialists

It is likely to come up in Krishnapatnam-Sri City region

February 20, 2015 12:00 am | Updated 05:41 am IST - NELLORE:

The industrialists and traders in Nellore region are jubilant over the likely development of a full-fledged Japanese industrial cluster here in the coming months with its model based on the special export zone already developed at Neemrana global city located on the Jaipur-Delhi National Highway.

The Japanese hub here is expected to come up in the Krishnapatnam-Sri City region which has seen emergence of industrial hubs and special economic zones that have been already developed and promoted by the Andhra Pradesh Industrial Infrastructure Corporation (APIIC). The Central government has also announced that the Krishnapatnam smart city will be included in the Chennai-Bengaluru Industrial Corridor project.

Sources in the district administration say land will not be a problem for the Japanese cluster as nearly 30,000 acres are already available with the government in the district. Municipal Administration Minister P. Narayana has earlier set a target of gathering a pool of nearly 1 lakh acres to meet the requirements of future industrial growth.

“Japanese are known for their higher quality products and greater level of professionalism in their management. This will create the right competitive spirit here,” said Holi Ram, general manager, Simhapuri Energy Pvt Ltd (SEPL), Thammenapatnam, near Gudur.

The Japanese entry is expected to usher in greater industrial development and activity, which will naturally go in favour of the young generation because of the huge potential for job creation. The installation of turbines and generators by the Japanese at TATA’s Mundra Super Criticial Power Project is one of the best, said Mr. Holi Ram. From Krishnapatnam to Tada, where the Sri City integrated business zone is located, many industrial hubs have come up at APIIC Menakur SEZ, Ankulapur industrial park, Mambattu hub, Pantapalem Industrial Park and so on. The footwear major, Apache, is located at Mambattu SEZ.

Once the Japanese cluster takes shape, it is expected to provide additional impetus to the already industrially vibrant Nellore district.

As power is a critical component for industrial expansion, Nellore region is seen as the ideal location for new industries as there are many power projects coming up here.

The APGenco, Simhapuri, Meenakshi, Thermal Powertech and various other companies and institutions have entered the power generation with their plants located in the vicinity of the Krishnapatnam Port.

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