Andhra Pradesh Industry
Vizag Steel Plant Returns to Profit After Years of Financial Stress
Visakhapatnam Steel Plant has staged a strong turnaround, reporting a profit of Rs 54 crore in January 2026, backed by government support and...
Sri City Attracts ₹20,250 Crore Investments in 2025, Strengthens Manufacturing Hub Status
Sri City secured ₹20,250 crore investments through 43 MoUs in 2025, marking a landmark year as global manufacturers expanded operations and reinforced its...
Visakhapatnam Steel Plant Under Pressure as Output Falls
The Union Steel Ministry has raised serious concerns over falling production and recurring conveyor failures at the Visakhapatnam Steel Plant, stressing that the...
BirlaNu Announces New Fibre Cement Board Plant in Nellore to Drive Manufacturing Growth in Andhra Pradesh
BirlaNu will invest around Rs 127 crore to establish a modern fibre cement board plant in Nellore, creating 600 jobs and expanding later...
Fabex Steel Structures Opens ₹120 Crore Manufacturing Unit Near Hyderabad, Targets ₹1,000 Crore Revenue
Fabex Steel Structures has inaugurated a ₹120 crore manufacturing facility at Chityal near Hyderabad. The 40-acre unit boosts annual capacity to one lakh...
From Struggle to Strength: Visakhapatnam Steel Plant Rebounds with 79% Capacity Utilisation
After a year of focused recovery efforts and ₹11,440 crore in Central aid, the Visakhapatnam Steel Plant has lifted capacity utilisation to 79%....
Raymond Group Announces Major Aerospace and Automotive Expansion in Anantapur
Raymond Group invests ₹1,000 crore in Anantapur, Andhra Pradesh, establishing a 47-acre aerospace unit and an automotive plant, creating 5,400 jobs with ₹695...
Visakhapatnam Steel Plant to Remain in Public Sector: Lokesh Reaffirms
Andhra Pradesh IT Minister Nara Lokesh reaffirmed that the Visakhapatnam Steel Plant will not be privatised. He credited the TDP-BJP government for securing...
Visakhapatnam Steel Plant Won’t be Privatized, Says Steel Minister Kumaraswamy
Giving a major announcement to a perturbed nation, Union Steel Minister H.D. Kumaraswamy yesterday assured that Rashtriya Ispat Nigam Limited – Visakhapatnam Steel...
