Hyderabad: Two-wheeler major Hero Motocorp, the first major industry that offered to set up its unit in Andhra Pradesh after the TD came to power in 2014, had to wait for almost one-and-a-half years to get land for the project.
The company is to set up a Rs 2,200-crore manufacturing unit in Chittoor district, and provide employment opportunities for 3,000 people and create job avenues for 3,000 more.
The government signed an MoU with the company on September 16, 2014, and decided at a Cabinet meeting on March 20 last year to allot 600 acre in Satyaveedu in Chittoor district.
The government directed the Andhra Pradesh Industrial and Infrastructure Corporation to allot the land. That is where the matter stood for months. When Hero approached the APIIC, it was told that orders had not been received. It then wrote to the government.
Asked about this, an industries official said orders had been issued on Feb. 17 directing the APIIC to allot 600 acre at Rs 1 lakh per acre.
