Two lakh acres of land acquired for industries
  • This Section
  • Latest
  • Web Wrap
Last Updated: Wednesday, June 29, 2011, 15:49
  
Rajahmundry: Andhra Pradesh Industrial Infrastructure Corporation (APIIC) Chairman G Sivarama Subramanyam has said that around 2.10 lakh acres of land has been acquired for setting up industries across the state.

Speaking to reporters here yesterday he said that 2.10 lakh acres of land has been acquired and allocated across AP for setting up 75,000 industries. And about 40 per cent of work for setting up industries has been completed, he said.

Subramanyam said several big industrialists have come forward to set up industries in AP, as the state government has introduced Single Window system for the benefit of those desirous to set up industries in the state. The system was attracted by number of industrialists.

So far 12,552 acres of land has been acquired and 9,500 acres have been distributed for setting up various types of industries in the state, after he assumed charge as Chairman of APIIC, he said.

He said there was a proposal to provide special package to farmers who handed over the land for APIIC for setting up industries in the state.

Besides providing compensation to farmers and 10 per cent of land will be provided to them to set up small scale industries in the land, he added.

PTI


First Published: Wednesday, June 29, 2011, 15:49


comments powered by Disqus