Best Business Opportunities in Andhra Pradesh - Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship

Description:

INTRODUCTION

Andhra Pradesh (AP) is located inthe Southern peninsula of India and has a coastline of 974 km. It is one of the29 states of India, with the cities of Vijayawada and Hyderabad as itscapitals. Andhra Pradesh is recognized variously for its legendarydynasties, temples, beautiful language - Telugu, lacquer toys and beautifulweaves, rich literature and the vibrant Kuchipudi. Andhra Pradesh has oftenbeen called the "food bowl of the south." Andhra Pradesh hasattracted a large number of investors for setting up their operations in theState. They have set up industrial units in diverse fields like informationtechnology, agro-processing, automobiles, textiles, drugs and pharmaceuticals,etc. The State is also a home to many large public and private sectorcompanies. It is considered as the hub of industrial activity in South India.

BUSINESSSECTORS

Agro and Food Processing:  The food processing industry inIndia is a sunrise sector that has gained prominence in recent years. Availabilityof raw materials, changing lifestyles and relaxation in policies has given aconsiderable push to the industry's growth. The agro food processingindustries in the State are: - bread, oilseed meals (edible), breakfast foods,biscuits, confectionery, including cocoa processing and chocolate, oilexpellers and refining, malt extract, protein isolates, high protein foods,weaning foods, ready to eat food products and other processed foods.

Bulk Drugs and Pharmaceuticals:  Thepharmaceutical industry in Andhra Pradesh, which has been playing a vital rolein strengthening India's economic growth, is quite optimistic on the growthprospects despite the fact it has been lagging due to regulatory hurdles andlack of government encouragement to attract new investments in the recent past.Andhra Pradesh has grown into a pharma hub for bulk drugs basically for tworeasons. Historically because of Indian Drugs and pharmaceuticals Ltd (IDPL)and secondly because of entrepreneurship and availability of adequate talentpool in the state. 

Mining & Mineral Industry:   Mineralsconstitute the back-bone of economic growth of India as it has been generouslyendowed with minerals. Andhra Pradesh is the second largest store house ofmineral resources in India. Andhra Pradesh has huge reserves of key mineralssuch as coal, limestone, slabs, oil and natural gas, manganese, asbestos, ironore, ball clay, fire clay, gold, diamonds, graphite, dolomite, quartz,tungsten, steatite, feldspar, silica, etc. In fact, the state is estimated tohave one-third of the country's total mineral wealth. 

Tourism:   AndhraPradesh is the best tourist place. There are number of tourist places in thestate covering historical structures, Heritage & Culture, Arts &Crafts, Cuisine, Fairs and Festivals. Andhra state has clocked with around 100million domestic tourists in India, because of pilgrim tourists places likeTirupati, Srisailam etc. Andhra Pradesh has a variety of touristattractions including beaches, hills, caves, wildlife, forests and temples. AndhraPradesh is truly a land of beauty and opportunity. t is famous for itspearls, chudi bazaar and unique biryani the world over.

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