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Amit Mitra

The Vizag-Chennai industrial corridor received a new breath of life with the Department of Economic Affairs approving a $ 625 million loan from Asian Development Bank. It has approved $500 million under project loan and $125 million under … Read more

Prime Minister Mr. Narendra Modi laid the foundation for Amaravati A.P’s new capital on Vijayadasami Day on the banks of the Krishna between Vijayawada and Guntur.
During his speech Mr. Modi pledged to implement all provisions in the A.P. Reorganisation … Read more

Amit Mitra

Crippled by ballooning power costs and subdued demand from the domestic steel industry, the Andhra Pradesh ferro alloys industry may have to close down completely by November end if the State Government does not bail it out.
As … Read more

Excitement is in the air in Andhra Pradesh, with the Prime Minister Mr Narendra Modi expected to visit Visakhapatnam to launch three projects and make some major announcements.
After laying the foundation stone for the capital city of Amaravati, all … Read more

Amit Mitra
The underground crude storage cavern in Visakhapatnam is brimming with the black gold.
Indeed, the facility could not have come up at a better time.
With crude prices plummeting, India is utilizing this facility, set up by the … Read more

Amit Mitra
Adi Singh
Container lines and shipping companies continue to lumber through a damp freight market in the last few months, mostly due to a slow-down in Chinese economy.
For instance the freight market at the Vizag port too … Read more

Aditya Sabharwal from Vancouver (Canada)

Armed with a new industrial policy aimed at attracting investments worth Rs one lakh crore and creating four lakh jobs, the Haryana Chief Minister Mr M. L. Khattar unrolled the red carpet for North American … Read more

Mr. Neerabh Kumar Prasad, IAS Andhra Pradesh Principal Secretary Tourism, had the audience spell bound as he spoke on Tourism possibilities in Vizag and AP last week. “I am here to tell you that we have already called for the … Read more

Vizag Special Economic Zone has achieved a glowing landmark by raking in a whopping export turnover of Rs 45000 Crores in the financial year ended March 2015. This was achieved from 46 operational units, which employ over 2 lakhs persons … Read more

The Andhra Pradesh Chief Minister Mr N Chandrababu Naidu’s new industrial policy and the concomitant incentives to investors appear to be paying off. Perhaps more than domestic corporate houses, overseas investors from Japan, China, Europe and Taiwan have shown keen … Read more