Dr Reddy’s, Trimex and NCL to Invest in Srikakulam

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Series of avenues are underway for the labourers, farmers and young talent from Srikakulam district. AP State government, with a mission to cut down the large scale migration of skilled manpower from the district has come out with a new action plan for the promotion of multi zone and agro-based industries in all the three divisions of the district.

Seven major companies have come forward to set up units in the district. They have recently signed the Memorandum of Understanding (MoUs) with the government during the Partnership Summit held in Visakhapatnam. According to an official report, Dr. Reddy’s Labaratories is going to invest Rs.184 crore and Vizianagaram Foods Company will set up an industry at Rs.142 crore. Trimex Sands Private Limited has planned to invest Rs. 4,500 crore and Nagarjuna Construction Company (NCC) will be investing Rs. 150 crore in a mega food park in the Sompeta region.

Understanding the plight of skilled manpower

Presently, Srikakulam has a population of around 25.6 lakh. Close to 4.3 lakh people have migrated so far in search of green pastures. This figure is expected to cross 5 lakh this year with the migration of low-income group farmers is on the rise, according to officials. Most of these workers opt for Tamil Nadu as they get more wages and food at affordable cost in the Amma canteens, where each meal is served at only Rs.13. Others constantly look for livelihood in the places such as Hyderabad, Bengaluru, New Delhi, Mumbai, Ahmedabad and other cities.

The locals have also strongly objected to setting up of thermal plants and pharmaceutical companies, fearing pollution and other related problems. Respecting their sentiments, the government has allowed proposals on a selective basis for establishment of industries in the district that tackle unwanted migration. AP govt has planned to encourage establishment of 6,274 small and medium industries with an estimated outlay of Rs. 460 crore.




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