News & Updates

State entrusts protection of govt land to new body in Hyderabad
The state government on Thursday entrusted the responsibility of protecting government land, especially the tank bed land in the state, to the newly constituted Andhra Pradesh Land Management Authority (APLMA). The state also laid stress on the prote .....
Hyderabad IT investment region in 50k acres
In a move that paves way for the expansion of the IT sector in the state, the central government has accorded in principle permission for setting up of the AP Information Technology Investment Region (ITIR).

According to IT minister Ponnala La .....
AP proposes 400 Acre electronics hardware cluster in Fab City
The Andhra Pradesh government has proposed a 400-acre electronics hardware cluster in the Maheshwaram area, near the Fab City in Hyderabad.

‘The proposal to set up an electronics cluster in Hyderabad was given by the electronics hardware manuf .....
NRIs increasingly interested in Hyderabad real estate
It's a sort of super sale time for NRIs, with the present scenario of Indian real estate offering brighter prospects to them in terms of investments. At the moment, the Indian economy is relatively stable when compared to other economies in the West. .....
Andhra Pradesh inks MoUs for Rs.6.5 lakh cr investment
HYDERABAD: Andhra Pradesh garnered investment proposals worth about Rs.6.50 lakh crore during the Partnership Summit 2012 which concluded here Friday, signalling that the state was a safe business destination after two dismal years wracked by politic .....
Govt cancels illegal layouts in Ranga Reddy district
The decision to cancel 227 illegal layouts which had deviated from GO 111 in Ranga Reddy district has caused a huge uproar among the real estate developers and buyers. The cancellation would apply to layouts and illegal constructions which are under .....
National Highway Status to Hyderabad - Srisailam Road
The Central finance, planning and surface transport ministries have sanctioned proposals submitted by the Andhra Pradesh government for construction of five national highways in the state. The final approval is expected early next month.

Under .....
Land for industries may get dearer in Andhra Pradesh
Land allocation to any industry or project in the state will be no more an attractive proposition as per the new land allotment policy finalized by the Andhra Pradesh government. The policy will be placed before all political parties before being tab .....
Land acquisition bill, Revised Draft to Parliament
The government has defended its new land acquisition bill as industry-friendly, refuting criticism that provisions contained in the legislation were retrograde and would push up costs for state-run and private companies.

Industry groups had sl .....
HMDA master plan covering 6000 sq km
The Hyderabad Metropolitan Development Authority (HMDA) today issued a draft master plan till 2031 by when the area under the authority is expected to double to 18.4 million population, including 6.5 million workforce. HMDA has sought opinions and ob .....
AP has the most number of SEZs: Scindia
HYDERABAD: Andhra Pradesh tops the list of functional Special Economic Zones (SEZs) in the country. This was stated by Union minister of state for commerce and industry Jyotiraditya Scindia in the Rajya Sabha on Wednesday in reply to a query posed by .....
IT sector fuels job boom with 3 lakh hires
The eight per cent-plus growth clocked up by the economy is beginning to show up where it matters most for the common man-in jobs.

India's infotech (IT) and infotechenabled services (ITES) sector is shrugging off its post-meltdown caution and .....
BHEL-BEL may set up Rs 2000 crores unit at Fab City
HYDERABAD: Two Navaratna PSUs Bharat Heavy Electricals Limited (BHEL) and Bharat Electronics Limited (BEL) have formed a joint venture to manufacture solar wafers, cells and modules to meet domestic as well as export demands. The unit is likely to co .....
New G.O.Ms.NO. 34 - Building Setback provisions in AP
Hyderabad, Jan. 22: Under pressure from the builder's lobby, the state government has finally decided to allow deviations up to 10 per cent in the setback area of all categories of buildings in corporations, municipalities and urban development areas .....
More foreign Investment to AP - Brightonm, Alstom, Continental Carbon, Koppers
HYDERABAD: The agitation for a separate state of Telangana does not seem to have any impact on foreign investors as Andhra Pradesh continues to be the favoured destination for multinational companies, especially from the US and Europe.

Accordi .....
TELANGANA REPORT BY SRIKRISHNA COMMITTEE
The Srikrishna Committee does not state whether it's in favour of a new state for Telangana. Instead, it lists the following options for the union government to consider.

Option 1: Maintain status quo
(Least favored option as per Article 9. .....
Real estate, most preferred investment option: survey
NEW DELHI: As far as investment is concerned, Indians like to play it safe, a survey has found. According to it, 65 per cent of working individuals in urban India prefer real estate as long-term investment option as it guarantees higher future return .....
Peugeot may choose Chittoor to set up factory
There are indications that French car maker PSA Peugeot Citroen has chosen the Sri City Special Economic Zone near Tirupati in Andhra Pradesh for its assembly and manufacturing facility. However, a formal announcement is yet to be made, either by the .....
MIC Electronics new LED production unit at Shamshabad
MIC Electronics Ltd on Friday announced plans to expand LED lighting production capability at its Cherlapally facility near here and set up another plant, with an outlay of Rs 180 crore, for lighting division near the Rajiv Gandhi International Airpo .....
Mahindra to set up tractor manufacturing unit in Andhra Pradesh
HYDERABAD: Giving a major fillip to industrialisation in the backward Telangana region, Mahindra and Mahindra will soon set up a tractor manufacturing unit at its Zaheerabad facility in Medak district of Andhra Pradesh.

M&M has proposed to inv .....