First published in August 2016
Today, we gladly present you the next State of M+Vs “Manufacturing Hubs” Handbook, namely Andhra Pradesh.
The State which is situated on the Eastern coast of India experiences high growth. It is a hub for knowledge-based industries as one can see in regards to the high number of pharmaceutical and consumer electronics companies in the region. 2 of India’s 12 major ports are located in Andhra Pradesh, from which one features the fastest turnaround time in India. Another advantage lies within the State Government since it is directly fostering foreign investment.
Further interesting facts about Andhra Pradesh are:
- It has a stable political environment
- Possession of a large labour pool
- First State that enabled the industrial single window clearance
- ‘SEZ’s for multiple industries
To learn more about its location parameters and its capital Hyderabad, click Handbook Andhra Pradesh.