Andhra Pradesh Special Economic Zone
| Company type | Special Economic Zone |
|---|---|
| Founded | 2007 |
| Headquarters | , |
| Products | Multi-product |
| Owner | Government of Andhra Pradesh |
| Website | [1] |
The Andhra Pradesh Special Economic Zone (APSEZ) is a multi-product Special Economic Zone located in the Atchutapuram and Rambilli mandals of Visakhapatnam district, in the Indian state of Andhra Pradesh. It is one of the largest Special Economic Zones in the state and is administered by the Andhra Pradesh Industrial Infrastructure Corporation (APIIC). The SEZ was formally notified on 12 April 2007 and developed as part of the state's industrial promotion policies.[1]
Overview
The APSEZ covers approximately 3,213 acres (1,300 hectares) and was conceived as part of the Visakhapatnam–Kakinada Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR), aiming to attract export-oriented industries and boost regional development.[2] It hosts a mix of sectors including manufacturing, pharmaceuticals, engineering, logistics, and petrochemicals.
Infrastructure and Facilities
The SEZ is strategically located close to the coastline and has access to major ports including Gangavaram Port and Visakhapatnam Port, enabling efficient logistics and trade.[3]
Power is supplied through a dedicated 33 kV substation, and water is sourced from the Yeluru canal, Sarada River, and Kondakarla Ava reservoir.[4] The land within the SEZ is flat and largely non-agricultural, reducing displacement and facilitating easier construction and planning.
Administration and Development
APSEZ is developed and managed by APIIC, which also handles land allotments, internal infrastructure, and investor facilitation through a single-window clearance mechanism.[5] The SEZ was established under India's Special Economic Zones Act, 2005, and is supported by both central and state government schemes.
Incentives
Industries operating within the zone benefit from various state and central incentives, including:
- 100% exemption from stamp duty and registration fees
- Reimbursement of VAT/CST on inputs used in production for exports
- Investment subsidy of 15% on fixed capital for eligible micro and small enterprises
- 3% interest subsidy on term loans
- Subsidy on power consumption and fixed capital investment[6]
Related SEZ Ecosystem
APSEZ is among several Special Economic Zones in the region administered by the Visakhapatnam Special Economic Zone authority, which supervises SEZs in Andhra Pradesh, Telangana, Chhattisgarh, and the Union Territory of Yanam.[7] As of 2023, Andhra Pradesh has over 47 notified SEZs, with 10 of them developed by APIIC.[5]
See also
- Visakhapatnam Special Economic Zone
- Andhra Pradesh Industrial Infrastructure Corporation
- Economy of Andhra Pradesh
References
- ^ "SEZs in Andhra Pradesh". Andhra Pradesh Industrial Infrastructure Corporation. Retrieved 17 June 2025.
{{cite web}}: CS1 maint: url-status (link) - ^ "Visakhapatnam PCPIR". Government of Andhra Pradesh. Retrieved 17 June 2025.
{{cite web}}: CS1 maint: url-status (link) - ^ "Jurisdiction of Visakhapatnam Customs House". Visakhapatnam Customs, Ministry of Finance, Government of India. Retrieved 17 June 2025.
- ^ "M/s. Kakinada SEZ Limited, FORM I Pre‑Feasibility Report" (PDF). Ministry of Environment, Forest & Climate Change, Government of India. 8 July 2022. Retrieved 17 June 2025.
- ^ a b "Special economic zones - APIIC". Andhra Pradesh Industrial Infrastructure Corporation (APIIC). Retrieved 17 June 2025.
- ^ "Andhra Pradesh Electronics Manufacturing Policy 2024‑29" (PDF). APIIC / Govt of Andhra Pradesh. Retrieved 17 June 2025.
- ^ "List of Operational SEZ Units in Andhra Pradesh & Chhattisgarh (as on 31.03.2024)" (PDF). Visakhapatnam Special Economic Zone, Ministry of Commerce & Industry, Government of India. Retrieved 17 June 2025.