Date:13/09/2007 URL: http://www.thehindu.com/2007/09/13/stories/2007091352350300.htm
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ICICI Bank

Andhra Pradesh

East Godavari poised for industrial boom

Correspondent

Over 50 big units coming up with an outlay of Rs.12,581 crores


Work likely to be completed by March next

Two bio-technology units start trial production


Kakinada: Over 50 large industries are coming up in East Godavari district with an outlay of Rs.12,581 crores and a majority of them are likely to be completed and commence production by March next, according to V.R. Vijaya Raghava Naik, General Manager, District Industries Centre.

He said civil works were completed and erection of machinery was in progress with regard to some industries and only a very few remain non-starters owing to technical problems.

Major industries that have already commenced production include NSN Reddy Rice Industry in Chollangi of Thallarevu mandal, Gujarat state petroleum corporation storage project near Kakinada, International tubular services India Ltd, in industrial park of Vakalapudi, Godavari edible oil bran oil Ltd at Dwarapudi and KPR fertilizers private ltd at Nallamilli village of Rangampet mandal.

Rice mills

He said two other modern rice mills -- Kalyani modern rice mill at Mandapet and Chandrika rice mill at Rayavaram -- had already commenced production as scheduled in January last.

The General Manager said that two major bio-technology units -- Universal Bio-energy Limited and Natural Bio-energy Limited unit -- both at Vakalapudi on the town outskirts had started trial production but the formal commissioning was being delayed for want of a clear-cut national policy on bio-fuels.

The Gouthami Power Limited unit that came up at a cost of Rs.145 crores in a sprawling area of 50 acres in Vetlapalem of Samalkot mandal, was expected to be commissioned in January next. Mr. Naik said that another major industry -- Lakshmi Prasanna Agro Paper Industries Ltd at Polamuru village in Anaparty mandal would be ready by January 2009.

Mr. Naik said the district was poised for accelerated industrial growth and the early materialisation of two SEZs would bring a see- change in the economy of the region.

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