The food park industry will see a phenomenal rise in the new state of Andhra Pradesh soon. Adding boost to the ongoing plans, the food processing sector in northern coastal Andhra Pradesh and Rayalaseema regions are anticipated to grow. Approximately eight mega food parks are being planned by private firms within the state.
Out of the eight, five of the food parks are likely to come up in the four north coastal districts of Srikakulam, Vizianagaram, Visakhapatnam and East Godavari, and three of them in the Rayalaseema districts of Chittoor, Kurnool and Anantapur.
This development is the resultant of state government signing 65 MoUs with private investors for an estimated investment of around Rs 5,980 crore in the state. On parallel lines, two ultra-mega food parks are also expected to take shape in the coming two years.
Apart from the eight mega food parks as above, five mini food parks, six cold chain projects, four primary processing centres, 22 new mega food processing units, six expansion units and six processing units in the aqua sector are also on the plans.
CEO of AP Food Processing Society, YS Prasad spoke to the media and said that while two mega food parks are being planned in Vizianagaram, one of each will be set up in Srikakulam, Visakhapatnam and East Godavari. One mega food park each is being planned for Chittoor, Kurnool and Nellore. A mini food park is also expected to be set up at Anantapur.
“Mega food parks will entail investments of around Rs 120-150 crore and in the coming two years, we want to see at least Rs 3,000 crore investments materialising in the state. If we have food processing facilities in our state, then farmers can reap huge profits,” said Prasad, while speaking to the media.
The first projects include a state-of-the-art mega food processing park in Kurnool by the company called Jain Irrigation Systems, spread over an area of 600 acres for banana tissue culture and also for processing onion, tomato, mango, papaya and banana.