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Investments Brought to Automobile Sector to Andhra Pradesh in Two Years

With plans afoot to develop Nellore-Chittoor into an automobile sector, the state has brought out an automobile policy for companies in the sector.

The following are some of the significant investments in this sector.

1. iSuzu Motors - The Japanese utility vehicle manufacturer opened a Rs. 3,000 crore facility in Sri City.
No. of jobs to be created: 3,000
Capacity of the plant: 50,000 units a year. Will be scaled up to 1,20,000 units per year.

2. Hero MotoCorp - The two-wheeler giant will invest Rs. 800 crore in its plant at Madanaapalem of Chittoor district.
No. of jobs to be created - Under phase 1: 1,500 and under phase 2 - 3,500
Capacity of the plant: Under phase 1 - 5 lakh units per annum and Under phase 2 - 8 lakh units per annum.

3. Bharat Forge - This leading forging major is setting up an integrated auto-components hub in Nellore with an investment of about Rs. 1,200 crore.
No. of jobs to be created: 3,000.

4. Ashok Leyland - To set up a body building plant in Mallavalli Village in Krishna District with an investment of nearly Rs. 1,000 crore.

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Tomorrow will mark two years of the formation of new state of Andhra Pradesh. The emotions have been and are riding high, counting on the new avenues that lay ahead. Two years down the line, not many would have fathomed the kind of traction the state has received, both from global and national investors.


Exactly two years ago, the AP state government had only one mission – attract as many investments as possible into the region from across the sectors. Right from the CM’s overseas tours convincing East to come and invest, to the recent ultra-successful CII summit in Vizag, Andhra Pradesh as such has been doing everything it can to up the scale and push the limits.



The growth of investments in the automobile sector are worth mentioning in the midst of hundred other things. The new state has single-handedly managed to attract and sign in some of the gigantic players that exist in the domain.


This credit can definitely attributed to the think tank of Mr Chandrababu Naidu. It is noteworthy to mention about the rapid advancements in the sector, thanks to the surging interest in the upcoming new capital city, Amaravati. While all eyes are indeed on the next breakthrough capital city of India, this has not deterred investors to open shops in the Seema region. There is more incoming, what with the ongoing happy developments in the form of Sri City and Electronic City.


Two Years of Andhra Pradesh – Investments in the Automobile Sector


AP Govt had robust plans right from the beginning, to develop the Nellore-Chittoor belt into an automobile sector. These plans are seeing an actionable outcome, two years down the line. The new state brought out an automobile policy for the companies in the sector, gaining more attention and interest to invest.


Here are some of the significant investments in the automobile sector:


iSuzu Motors


Nara-Chandrababu-Naidu-Chief-Minister-of


 


The Japanese utility vehicle manufacturer opened a Rs. 3,000 crore facility in Sri City, only lately, fetching all eyes to look at the Seema region. With Isuzu’s new base in Sri City, the scope seems unlimited, in terms of revenue generation, employment and industrial scalability. Economic dynamics will automatically take a paradigm shift with Isuzu. Close of 3000 man jobs will be created catering to 50k units of Isuzu vehicles annually. The plans are also on to scale the number to 120,000 units later on.


Hero MotoCorp


hero.png


 


Call this the Game of Thrones or whatever, the arrival of national two-wheeler giant into AP was nothing short of spectacular drama. Hero will now invest Rs. 800 crore in its plant at Madanaapalem of Chittoor district. Hero’s plant will generate close to 1500 jobs this year and 3,500 the next. The plans are to produce units in the range of 1 to 5 lakh units in the starting year alone. The scaling number being looked at is 2 to 8 lakh per annum. This means more employment in the region as well as the state.


Bharat Forge


forge.jpg


 


Nellore gets a new industrial boost with Bharat Forge coming its way. Forge’s integrated auto components hub will soon see a solid base in the region, with an investment of Rs 1,200 Cr. This is not just about the job generation for 3,000 men and women. Forge’s scope with auto components shows way for the possible sub liaisons with the other players coming into the region. Though thought of as a long shot, check the stats.


Forge is one of the few technology driven global leaders into metal forming. The brand has a transcontinental presence across nine manufacturing locations. Forge also serves several other sectors other than automobile; power, oil and gas, construction & mining, rail, marine and aerospace.


This 2.5 billion dollar conglomerate with 10,000 global work force has its manufacturing facilities spread across India, Germany, Sweden and France. The sustenance of Forge base in AP automatically opens doors to unimagined horizons.


Ashok Leyland


leyland.jpg


 


The name that entire world is familiar with, Leyland is all set to open its next body building plant in Mallavalli Village of Krishna District with an investment of nearly Rs. 1,000 crore. Second largest commercial bus manufacturer in India and 4th largest in the world, this automobile giant waiting to start a shop in Andhra makes one look at the bigger picture. Leyland’s turnover in easily in excess of USD 2.3 billion and boasts of brand presence across 50 countries. Ashok Layland is one of the most fully-integrated manufacturing companies in the world at large.


Kobelco


kobelco.jpg


Though we are talking crane manufacturing here, Kobelco’s footprint on the soil of Andhra makes a significant noise on the world podium. The giant intends to expand the already operational and moving plant established at the Sri City. The player had commenced work for second production unit last year, and is contemplating on further plans.


The rise of automobile industry in AP, in a short span of two years makes way for better scope and workable associations ahead. Economic stability is largely being looked upon, along with next possible breakthrough developments.



 
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Telangana loses Apollo Tyres investment to Andhra Pradesh TNN | Nov 11, 2016, 10.29 AM IST

 
 

55365940.jpg(Representative image)

HYDERABAD: In a major boost to AP's industrialisation, Apollo Tyres Limited will set up a state-of-the-art tyre manufacturing unit in chief minister N Chandrababu Naidu's native Chittoor. AP has been competing with neighbouring Tamil Nadu and Telangana for the Apollo unit.
A Memorandum of Understanding (MoU) was signed between the state government and Apollo Tyres in New Delhi on Thursday in Naidu's presence.

The company will invest about Rs 3,000 crore in phases. In the first phase, it will set up an ancillary park on 200 acres at a cost of Rs 541 crore at Chinnapandur village. This is the biggest industrial investment in the backward Rayalaseema region, which is infamous for its drought conditions and migration of the workforce. AP has been struggling to woo major industries post bifurcation, and the tyre manufacturing unit has come as a shot in the arm of the state government.About 1,000 people will get direct employment. Incidentally, the unit falls under the proposed Chennai-Bangalore industrial corridor and will spur development in the region.
Top Comment Good newsSourav Mukherjee


The proposed facility is the fifth unit of Apollo Tyres in India. It has two plants in Kerala and a plant each in Gujarat and Tamil Nadu. The decision to invest in AP was taken during the company's board meeting held in Chennai on Wednesday . The ground breaking ceremony of the unit will be held in January next year. To begin with, the company will produce tyres for two-wheelers and pick-up vehicles. That the company was planning to set up its unit in AP was first published in these columns. Last month a team of officials from Apollo Tyres visited Chittoor for first hand assessment of the facilities around the land par cel offered by the Andhra Pradesh Industrial Infrastructure Corporation Limited (APIIC). "This will give a major impetus to the state post bifurcation. Apollo's decision comes in the wake of ease of doing business (EODB) environment in AP ," said industries commissioner Kartikeya Misra.

The AP government cleared many big investment proposals at the recent meeting of the State Investment Promotion Board (SIPB). "The company plans to invest about Rs 3000 crore in phases. If things work well, we can expect the entire investment," officials said.
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This June-2017 AP government should give big add. in all papers & channels with how many government & private jobs created in last 3 years and how many companies planned to give in next 2 years. 

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Telangana loses Apollo Tyres investment to Andhra Pradesh TNN | Nov 11, 2016, 10.29 AM IST

 

 

 

 

55365940.jpg(Representative image)

 

 

HYDERABAD: In a major boost to AP's industrialisation, Apollo Tyres Limited will set up a state-of-the-art tyre manufacturing unit in chief minister N Chandrababu Naidu's native Chittoor. AP has been competing with neighbouring Tamil Nadu and Telangana for the Apollo unit.

A Memorandum of Understanding (MoU) was signed between the state government and Apollo Tyres in New Delhi on Thursday in Naidu's presence.

 

The company will invest about Rs 3,000 crore in phases. In the first phase, it will set up an ancillary park on 200 acres at a cost of Rs 541 crore at Chinnapandur village. This is the biggest industrial investment in the backward Rayalaseema region, which is infamous for its drought conditions and migration of the workforce. AP has been struggling to woo major industries post bifurcation, and the tyre manufacturing unit has come as a shot in the arm of the state government.About 1,000 people will get direct employment. Incidentally, the unit falls under the proposed Chennai-Bangalore industrial corridor and will spur development in the region.

 

 

Top Comment Good newsSourav Mukherjee

 

 

 

 

The proposed facility is the fifth unit of Apollo Tyres in India. It has two plants in Kerala and a plant each in Gujarat and Tamil Nadu. The decision to invest in AP was taken during the company's board meeting held in Chennai on Wednesday . The ground breaking ceremony of the unit will be held in January next year. To begin with, the company will produce tyres for two-wheelers and pick-up vehicles. That the company was planning to set up its unit in AP was first published in these columns. Last month a team of officials from Apollo Tyres visited Chittoor for first hand assessment of the facilities around the land par cel offered by the Andhra Pradesh Industrial Infrastructure Corporation Limited (APIIC). "This will give a major impetus to the state post bifurcation. Apollo's decision comes in the wake of ease of doing business (EODB) environment in AP ," said industries commissioner Kartikeya Misra.

 

The AP government cleared many big investment proposals at the recent meeting of the State Investment Promotion Board (SIPB). "The company plans to invest about Rs 3000 crore in phases. If things work well, we can expect the entire investment," officials said.

6 months back article..
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మేధాటవర్స్‌లో ప్రారంభమయ్యే సంస్థలివే..

గ్రూపో అంటోలిన్‌: స్పెయిన్‌కి చెందిన గ్రూపో ఆంటోలిన్‌ ఇంటీరియర్‌ డిజైన్‌లో ప్రపంచ ప్రఖ్యాతిగాంచింది. బీఎండబ్ల్యూ, మెర్సిడెజ్‌ బెంజి కార్లకు సంబంధించిన విడిభాగాలను 80% వరకూ ఈ కంపెనీ డిజైన్‌ చేసి ఇస్తుంది. ఈ కంపెనీ అనంతపురంలో అతి పెద్ద ఆటోమొబైల్‌ విడిభాగాల ప్లాంటును ఏర్పాటు చేయనున్నది.

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Anni sectors ippati varaku state lo create ayina jobs, create avvabothunna job numbers separate thread lo vesthe baagutundi.

 

At least govt. can give paper add with jobs created in 3 years, to be created in 2 years.

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జూన్‌ 2న ‘హీరో’ శంకుస్థాపన
17-05-2017 02:14:24
  • అడ్డంకులు దాటుకుని భూ స్వాధీనం పూర్తి
అమరావతి, మే 16(ఆంధ్రజ్యోతి): బాలారిష్టాలన్నింటినీ దాటుకుని హీరో మోటో కార్ప్‌ రాష్ట్రంలో తన ప్లాంటు ఏర్పాటుకు సిద్ధమైంది. వచ్చే నెల 2న శంకుస్థాపన చేయబోతోంది. శ్రీసిటీకి సమీపంలో ఈ కంపెనీకి ప్రభుత్వం భూమిని కేటాయించింది. ఈ భూమి వివాదాల్లో ఉండడంతో పరిశ్రమల శాఖ సాయ పడింది.
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http://www.thehansindia.com/posts/index/Andhra-Pradesh/2018-06-27/50-acres-allocated-for-Bengaluru-based-bus-manufacturing-firm/392770

 

Anantapur: Veera Vahana Udyog Private Limited which is in the business of manufacturing premium buses in Bengaluru city has entered into a Memorandum of Understanding with the state government to set up a sister manufacturing company in rural Gudupalle in Somandepalle mandal in the district, according to sources in the Industry department.

 
 
 
 
 

APIIC Zonal Manager Ranjith told ‘The Hans India’ that 50 acres of land have been earmarked for the project against its request to allocate 120 acres. Initially, the APIIC has given 50 acres and based upon further requirement it would respond, the ZM said.

 

The Rs 600 crore project will be established in phase 1 and 2. In the phase-1, 5,000 buses will be manufactured per year and in the phase-2, 2,000 mini-buses with a capacity of 12-18 buses will be manufactured. The project is expected to generate 7,000 jobs. 

 

Its mega-unit in Bengaluru is supplying buses to KSRTC and to others countrywide. The Veera Group is urging the government to provide land Rs 5 lakh per acre.

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