PPP for Regional Integrated Development Enterprises (PRIDEs) in Andhra Pradesh

    • PPP for Regional Integrated Development Enterprises (PRIDE) scheme promoted by the Department of Economic Affairs (DEA), Government of India aims to provide an infrastructure enabled backbone in a secure and connected area for attracting businesses, manufacturing, as well as for people to live and work. The goal is development of modern, cost competitive and world class business centres of excellence which can become hubs for a well spread economic growth across the country.
    • In pursuit of taking forward the GoI initiative, Government of Andhra Pradesh (GoAP) proposed to develop PRIDEs at SPS Nellore, Kurnool (within proposed Kurnool Mega Industrial Hub) and Prakasam (within proposed Donakonda Mega Industrial Hub) Districts. APIIC engaged IIDC Limited (An IL&FS Group Company) for preparation of Project Report, Site Master Plan and application documents. The documents for Nellore PRIDE project have already been submitted to DEA, GOI for approval and others are under progress. The Salient features of Nellore PRIDE project are as below.
    Details Nellore Pride
    Location/Mandals Falls within Ozili mandal, SPS Nellore Dt. (Falls in Vizag-Chennai Industrial Corridor – VCIC)
    Extent Proposed 3728.22 acres (1508.76 ha)
    Est. Project Cost
    (External & Internal Infrastructure)
    Rs. 4762 Cr
    Economic Benefits (Expected) Investments : Rs. 17,000 Cr Employment : 93,000 (Direct & In-direct) Exports: Rs 8,000 Cr
Skip to content