The Andhra Pradesh Industrial Infrastructure Corporation (APIIC) is to attract Rs 260 crore investment and employment for approximately 6,000 people for the Mega Food Parks in Krishna district.
According to sources, the APIIC is working to establish two mega food parks developed at Malavalli in Krishna district. The new park would be established on 57.95 acres at a cost of Rs. 112.94 crores with central and state government funds. This would be the second such food market on 42.55 acres.
Furthermore, the APIIC Chairman Mr. Mettu Govinda Reddy said in a statement that the Rs. 86 crore fund for the Core Processing Center (CPC) set up at the Mega Food Park. The park would be available for the mango season.
In addition, the CPC was trained to process and pack a variety of food grains, including mangoes, tomatoes, papayas, guavas and bananas.
The APIIC Vice Chairman (VC,) MD Jawwadi Subramaniam said road shows would be organized in the first week of April to attract investment in food processing parks.
Stay tuned for further updates.
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