Visakhapatnam Pushes Investor-Friendly Policies: Officials Directed to Extend Support for New Industries

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The Visakhapatnam District Industrial Export Promotion Committee (DIEPC) has taken proactive steps to support investors and facilitate the establishment of new industries in the region. District Collector MN Harendhira Prasad has directed officials to resolve existing industrial challenges and ensure swift approvals for new ventures.

Key Highlights

Investor Support Initiative: Officials have been instructed to extend all possible assistance to businesses looking to set up operations in Visakhapatnam.
Infrastructure & Connectivity Enhancements: Discussions included national highway connectivity from Gangavaram Port, water tax revisions, and traffic regulation in industrial zones.
Single Window Clearance Acceleration: The administration aims to streamline approvals for industrial projects, reducing bureaucratic delays.
Public Transport & Logistics Improvements: Plans to facilitate bus stops at key industrial hubs such as APIIC IALA, Autonagar, and Madhurawada IT Park.
Heavy Vehicle Parking Regulations: Measures to prevent unauthorized parking of private heavy vehicles in industrial areas.

The District Industries Department and AILA representatives have pledged to work closely with investors, ensuring a business-friendly environment that fosters economic growth and job creation.

Source: The Hans India.