A spate of announcements by central and state governments have come as a boon to the real estate sector in Nellore. More positive news on Dugarajapatnam port and Dagadarthi airport apart from fertilizer plant, announcement of Krishnapatnam as smart city, two major Centrally-funded schemes for underground drainage and drinking water raised the hopes of those sitting on the fence.
Nellore city, with a population of 6 lakhs is witnessing a steady flow skilled and unskilled employees and workers coming and staying here over the years. Upcoming mega industrial projects apart from the thermal power stations under construction are expected to attract nearly 50,000 employees to this region. Currently, there are about 32,000 small scale industries in Nellore district employing nearly 1.36 lakh people. This number is also expected to increase as more and more ancillary industries would be setup to cater to the large industry needs.
Located along NH5 near Tada of SPSR Nellore District and Satyavedu of Chittoor district in Andhra Pradesh, just about 55 km north of Chennai, Sri City SEZ is a world-class Integrated Business City spread over 100 sq km. Here is a list of companies that have already established their presence in Sri City SEZ.
International Companies in Sri City SEZ:
- American Companies
- European Companies
- Asian Companies
- African Companies
Indian Companies in Sri City SEZ:
- Shan Solar
- Sutures India
- TIL Healthacre
- Amar Houseware
- Astrotech Steels
- MIMCO DFS
- MM Polytech
- Free World Granites
Social Infrastructure Organizations in Sri City SEZ:
Visit http://sricity.in/customer.html for latest updates.
Lavazza has its state-of-the-art manufacturing facility at Sri City SEZ at Tada in SPSR Nellore district of Andhra Pradesh. Lavazza is the world leader in the coffee market and it plans to develop India as its second largest coffee market in the world, replacing France. India ranks fifth with annual coffee sales of 800 tonnes.
Lavazza Barista Coffee Made In Sricity, Nellore
The Italian firm, which has presence in over 90 countries has invested over Rs125 crore in the facility with an initial capacity of 1,100 tonnes. The new facility is expected to have production capacity of 1,400 tonnes in the second year and 1,600 tonnes in the third year. The facility will not only meet the requirements for the Indian market, but will also become a manufacturing hub for the subcontinent and Asia Pacific. The 115-year-old company sells 60,000 to 70,000 tonnes of coffee in Italy every year. Lavazza is the sixth largest coffee roaster in the world.
The Sri City facility will replace the existing one at Chennai, which was launched in 2007 with an annual production of 960 tonnes. In the recent past, Lavazza acquired Barista Coffee Company Limited and Fresh & Honest Café Limited, India’s leading coffee vending and retailing company in 2007. Baritsa Lavazza presently has 200 coffee shops in the country while Barista Crème is present in over 30 locations. Fresh & Honest Café Limited has 3,000 coffee vending machines in 22 cities of India.
APIIC extended invitation to entrepreneurs to set up industries in SPSR Nellore district. 14 industrial plots in multi-product SEZ in Nayudupeta, 25 plots in Attivaram industrial park, 5 plots in Mambattu SEZ Phase-I and 29 plots in Mambattu SEZ Phase-II are available in the district. Plots are also available for lease.
Contact: Mr V Nageswara Rao, Zonal Manager. 98489 33878
APIIC Land-Rates in industrial parks and SEZs in Nellore
A 60 MW coal based thermal power plant is being set up by Nekkanti Power near Kothapatnam village of Kota mandal in SPSR Nellore district. The plant is being setup at an estimated investment of Rs300 crore. 24 acres of land has already been acquired near Kothapatnam, The project is awaiting environmental clearance.