VIJAYAWADA: Andhra Pradesh is doubling down on agro-based manufacturing, clearing two major private investments worth Rs 630.71 crore that promise to turn rural pockets in Kurnool and SPSR Nellore into high-value processing hubs.
Under the AP Food Processing Policy (4.0) 2024–29, the State government has approved tailored incentive packages totalling Rs 248.37 crore to establish an integrated maize processing facility in Kurnool and a large-scale mushroom production unit in SPSR Nellore.
Cleared by the State Investment Promotion Board (SIPB) and issued via orders G.O.MS.Nos. 221 and 222 by Principal Secretary Chiranjiv Choudhary, these high-impact projects are projected to generate over 1,800 direct and indirect jobs across the rural hinterlands.
In Rayalaseema, Jayadithya Agro Private Limited is investing Rs 300 crore to set up a 60-acre maize facility spread across Kambalpadu and Amakatadu villages in Krishnagiri mandal. Designed to process 450 metric tonnes of maize starch daily alongside key derivatives such as liquid glucose, dextrose monohydrate, corn fibre, corn germ, and corn steep, the unit aims to curb raw corn exports and build a localised value chain.
The plant is scheduled to begin construction in December 2026 and hit commercial production by October 2028. The State government has sanctioned Rs 101.90 crore in tailored incentives over five years, including a 25% capital subsidy (Rs 38.75 crore), power cost and electricity duty reimbursements, 100% net SGST relief, and stamp duty waivers.
Meanwhile, in SPSR Nellore’s Chejerla mandal, Prisoul Agro Industries Limited is launching a Rs 330.71 crore multi-phase project across 124.49 acres in Gollapalle, Thimmayapalem, and Paderu villages.
The project qualified for an enhanced 35% capital subsidy (Rs 74.71 crore), which includes a 10% special bonus under state guidelines. The State has approved total incentives worth Rs 146.47 crore for the unit, which will feature employment subsidies alongside power, electricity duty, and stamp duty concessions.
Targeting a production scale of 50 metric tonnes per day of fresh and canned mushrooms, Phase-I operations will roll out in September 2027, before reaching full expansion in August 2031 and providing 1,110 direct jobs — with a major focus on women — and 150 indirect opportunities.