Doing business in Andhra Pradesh
States in India > Doing business in Andhra Pradesh
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Andhra Pradesh is located along the coast on the south eastern part of India. The capital of this state is Hyderabad. Andhra Pradesh is the fourth largest state in the country and its coastline is also the second longest.
Industry
Similar to other states in India, agriculture is the main source of income for the people of Andhra Pradesh. Crops such as chili peppers, cotton, rice, sugarcane, tobacco, and mango are among the major crops grown here. Peanuts and sunflowers have also become popular because of the value of vegetable oil. Andhra Pradesh is also home to offices of technology giants such as Microsoft, Infosys, HP, IBM, Oracle, GE, and HSBC. 33% of the country’s limestone reserves come from this region. It is also rich in petroleum and natural gas. Avon Organics Limited, Dr. Reddy’s Laboratories Ltd., Hindustan Biosciences, and Bharat Biotech International Ltd. are just a few of the companies that make Hyderabad the pharmaceutical capital of India.
Infrastructure
Andhra Pradesh has excellent infrastructure to support its economy. The state is well connected by rail, road, air and sea. The international airport is located at Hyderabad. There are four other airports located at Vijayawada, Rajahmundry, Vishakhapatnam, and Tirupati. The two major ports are Kakinada and Vishakhapatnam. Smaller ports are located in Guntur, Nellore, and Machilipatnam.
Irrigation systems and dams
Andhra Pradesh is well irrigated by the Krishna, the Tungabhadra, the Godavari, and the Penna rivers. In addition to this, there are hydel projects that facilitate irrigation. Some of these are the Nagarjuna Sagar Dam and the irrigation projects of the Godavari River Basin. The Nagarjuna Sagar Dam is the one of the highest dams in the world that is made from masonry. Further, Andhra Pradesh generates the largest amount of hydroelectricity in India.
