ANDHRA PRADESH Executive Summary……………………. 3 Advantage State………………………... 5 Andhra Pradesh – An Introduction……. 6 Infrastructure Status…………………….17 Business Opportunities……………..…. 35 Doing Business in Andhra Pradesh….. 60 State Acts & Policies…………………... 68 AUGUST 2013 THE RICE GRANARY OF INDIA For updated information, please visit www.ibef.org 1 ANDHRA PRADESH THE RICE GRANARY OF INDIA EXECUTIVE SUMMARY … (1/2) • Andhra Pradesh has 38 operational special economic zones (SEZs), higher than any other state in the country. It also has the highest number of IT/ITeS-related SEZs in India. “The hi-tech city” in Hyderabad is the largest IT facility in India. • India’s first Information Technology Investment Region (ITIR) will be developed in Andhra Pradesh over an area of 202 sq km. ITIR is likely to attract investments of around US$ 40.4 billion. • Revenue from the IT sector crossed the US$ 10 billion mark over 2012-13. World’s largest single deposits of barytes • Andhra Pradesh has the largest single deposits of barytes in the world. It has around 70 million tonnes of baryte reserves, accounting for 94 per cent of total baryte reserves in India. Largest producer and exporter of bulk drugs • Andhra Pradesh ranks first in the manufacturing of bulk drugs in India and accounts for around one-third of the national production of bulk drugs. Most operational SEZs Largest ITIR in development Revenues of US$ 10 billion from IT sector Source: Andhra Pradesh Socio-Economic Survey 2012-13, Aranca Research AUGUST 2013 For updated information, please visit www.ibef.org 2 ANDHRA PRADESH THE RICE GRANARY OF INDIA EXECUTIVE SUMMARY … (2/2) One of the largest mineral storehouses Largest producer of spices, fruits, eggs Largest exporter of marine products Second largest cement producer Electronic hardware policy • Andhra Pradesh is the largest producer of barytes and limestone in India. It also has the largest reserves of granites (estimated at 2.4 billion cubic metres) and beach sand (241 million tonnes) in the country. • The state is the largest producer of spices, fruits and crops, including citrus, papaya, oil palm and tomato, in India. It also ranks first in the production of eggs and third in milk production in the country. • Andhra Pradesh ranks first in the production of brackish-water shrimps and fresh-water prawns. It contributes around 40 per cent to the country’s total marine exports. • Andhra Pradesh is the second largest cement producer in India. • Andhra Pradesh is the first state to develop an Electronic Hardware Policy in India (201217), wherein, the state government plans to provide incentives for setting up more than 200 electronic manufacturing clusters in the stage. Source: Andhra Pradesh Socio-Economic Survey 2012-13, Aranca Research AUGUST 2013 For updated information, please visit www.ibef.org 3 ANDHRA PRADESH THE RICE GRANARY OF INDIA ADVANTAGE: ANDHRA PRADESH High economic growth Growing demand 2011-12 • IT exports: US$ 8.5 billion • • Hub for knowledge-based industries GSDP expanded at a compound annual growth rate (CAGR) of 16 per cent between 2004-05 and 2012-13 Vast natural gas reserves in the Krishna-Godavari basin have opened up immense possibilities for the state economy Andhra Pradesh is a leading agricultural state in India • • • • Advantage: • Andhra Pradesh Rich labour pool • • • Large base of skilled labour, making it an ideal destination for knowledgeintensive sectors Provides 30 per cent of the country’s engineering talent through prestigious institutes such as IIT, JNTU, IIIT, BITS, ISB and NIT Furthermore, the state has a large pool of semi-skilled and unskilled labour • • • • • Key state for industries including IT, pharmaceuticals and biotechnology Host to 71 out of 500 top global corporations and has the highest number of IT SEZs in India (56 as of 2011-12) Fourth largest IT exporter in India, accounting for 12 per cent of the country’s total IT exports 2017E IT exports: US$ 31.3 billion Policy and infrastructure The engineering sector is delicensed; 100 per cent FDI issupport allowed in the sector Wide range of fiscal and policy incentives for support, businesses Due to policy thereunder was the Industrial Investment Promotion Policy, cumulative FDI of USD14.0 billion into 2010-15 the sector over April 2000 – February Well 2012,drafted makingsector-specific up 8.6 per cent policies of total FDI Well-developed physical and into the country insocial, that period industrial infrastructure and virtual connectivity, and has good power, airport, IT and port infrastructure Source: Socio-Economic Survey of Andhra Pradesh 2012-13 GSDP: Gross State Domestic Product AUGUST 2013 For updated information, please visit www.ibef.org 4 ANDHRA PRADESH THE RICE GRANARY OF INDIA ANDHRA PRADESH FACTFILE Most commonly spoken language is Telugu. Hindi, English and Tamil are the other languages used. Parameters Capital Source: Maps of India Andhra Pradesh is located in the southern peninsula of India and has a coast line of 974 km. The state of Andhra Pradesh is bound by Odisha and Chhattisgarh on the north, Maharashtra and Karnataka on the west, Tamil Nadu on the south, and the Bay of Bengal on the east. Hyderabad, Visakhapatnam, Vijayawada, Tirupati, Warangal, Guntur, Kakinada, Nellore and Kurnool are some of the key cities in the state. AUGUST 2013 Andhra Pradesh Hyderabad Geographical area (sq km) 275,100 Administrative districts (No) 23 Population density (persons per sq km)* 308 Total population (million)* 84.6 Male population (million)* 42.5 Female population (million)* 42.1 Sex ratio (females per 1,000 males)* 992 Literacy rate (%)* 67.7 Sources: Andhra Pradesh Government Website (www.aponline.gov.in), * Provisional Data – Census 2011 For updated information, please visit www.ibef.org 5 ANDHRA PRADESH THE RICE GRANARY OF INDIA ANDHRA PRADESH IN FIGURES … (1/2) Andhra Pradesh All-States Source GSDP as a percentage of all states’ GSDP 7.8 100 Andhra Pradesh Socio-Economic Survey, 2012-13, current prices Average GSDP growth rate (%)* 16.0 15.6 Andhra Pradesh Socio-Economic Survey, 2004-05 to 2012-13, current prices 1,582.2 1,414.2 Andhra Pradesh Socio-Economic Survey, 2012-13, current prices 17,098.7 225,133.1 Central Electricity Authority, as of May 2013 Wireless subscribers (No) 64,363,622 867,803,583 Telecom Regulatory Authority of India, as of March 2013 Broadband subscribers (No) 1,342,750*** 15,050,000 Telecom Regulatory Authority of India, as of March 2013 National Highway length (km) 6,547** 79,116 Ministry of Road Transport & Highways, as of March 2013, Andhra Pradesh Government press release, 2013 1+14 13+187 Indian Ports Association 9 133 Airport Authority of India Parameter Economy Per capita GSDP^ (US$) Physical Infrastructure Installed power capacity (MW) Major and minor ports (No) Airports (No) * Calculated in Indian rupee terms, ** As of January 2013, *** As of December 2011, ^ Advanced estimates AUGUST 2013 For updated information, please visit www.ibef.org 6