· Manufacturing & Investment · Source: tradebrains.in

Substrate Capital to Invest ₹1,222.6 Crore at Atchutapuram, Anakapalli with Special Incentives

Andhra Pradesh’s Cabinet approved land and special incentives for Substrate Capital’s planned ₹1,222.6-crore investment at Atchutapuram in Anakapalli district. The decision was part of the October 29 meeting, which also cleared incentives for Steel Exchange India’s ₹5,194-crore steel plant in neighbouring Vizianagaram, expected to employ about 3,000 people. Project reports, remaining statutory clearances and construction work must still be completed before the Anakapalli unit can start operations.

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