Chief Minister Chandrababu Naidu has shifted his focus on to the Vishakapatnam – Chennai Industrial Corridor to be developed in association with the Asian Development Bank. The bank has finalized four economic zones – Visakhapatnam, Kakinada, Machilipatnam and Tirupati-Srikalahasti which will help all 13 districts by triggering development through the industrial activities.
Vizag node will have onus in pharma, metallurgy, non-metallic minerals, chemical and petrochemicals and food processing while Kakinada node will focus on food processing, chemical and petrochemical, paper and non-metallic minerals
Machilipatnam Node will be a hub to pharma, metallurgy, food processing and non-metallic minerals while the sole node in Rayalaseema, Tirupati- Srikalahasti to have industries on electrical equipment, textiles, food processing, metallurgy and non-metallic minerals. Since the state had lost hopes on Special Status, it has started alternate plans to attract investors to this industrial cluster.
