In
the recent years, as companies have looked beyond
Hyderabad to set up new industries, Vishakhapatnam
and Vijayawada have gained a lot
of attention from the investors. Vizag has moved
from being just the 'Steel City' to become a hub
for marine food processing and exports as well as
a hot pharma destination. The Brandix Apparel Park
has brought in the garment industry and the coastal
corridor to Kakinada is being dotted with SEZs.
The petroleum, chemical and petrochemical investment
region (PCPIR) coming up in the corridor gives a
boost to industrialization along the coast.
Meantime
Vijayawada's traditional industries constituting of
Oil, Rice and Dal mills and Solvent extraction plants
have been joined by many a industries for Pharma,
Food, Spices, Diary, Beverage and Auto parts.
India
Package Meet that will happen in the two cities and
will extensively explore the Hyderabad-Vijaywada–Visakhapatnam
Growth Corridor (HVVGC) taking in the districts of
Nalgonda, East & West Godavari, Vizag, Krishna,
and Ranga Reddy as well as Guntur, Kammam, Warangal,
Vizainagram.
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