SEZ in Visakhapatnam

IT/ITES SEZ in Rushikonda:
This IT SEZ hub is located in between two hills in Rushikonda, on the way to Bhimili from Visakhapatnam. There are more than 25 IT and ITES companies present over there. Some major companies are Kenexa, Sutherland, Symbiosis Tech, Infotech, K3 Technologies, Softsol, L&T, and many more that are giving lots of job opportunities to IT aspirants.

Jawaharlal Nehru Pharma city  in parwada
Located at 31km South-west from Visakhapatnam city, this sprawling Rs 300 cr project has attracted leading pharmaceutical and bio chemicals who have set up their units. Developed by Ramky Pharma City Pvt Ltd, this is one of the biggest Pharma cities in Asia that occupies nearly 1400 acre of land.

Some of the leading Pharma companies that are functional are Vishnu Chemicals Pvt Ltd, Glochem Industries, Actumum Chemicals, Eisai Pharma Company,  Orchid Chemicals & Pharmaceuticals Limited, Shasun Chemicals & Drugs Limited, SNF (India) Pvt. Ltd, French Subsidiary company, Matrix Laboratories Limited, Aurobindo Pharma Limited, Hetero Drugs Limited, Suven Life Sciences Limited, Pharmazell, Aptuit Laurus Private Ltd and lot more companies are going to come.

SEZ at Atchutapuram:
This SEZ is spread over an area of 2,309 hectares and the projected exports from the zone in the first five years is Rs.10,000 crores with direct employment for one lakh and indirect jobs for 50,000.

Some major companies who have set up units there are Brandix India Apparel City,WS Industries (India) Ltd, Pokarna Ltd, Uniparts India Ltd, Southern Online Biotechnologies Ltd and Confidence Petroleum (I) Ltd and also started their operations.
Few other companies like HPCL, Rain Calcining Ltd, Pioneer Elastic India Pvt. Ltd, Anjaneya Alloys Ltd and Nagarjuna Agrichem, Quantum Clothing India Pvt. Ltd are planning to set up their Units there.

VSEZ- Duvvada

A Special Economic Zone (SEZ) is a geographical region that has economic laws that are more liberal than a country's typical economic laws. The category 'SEZ' covers a broad range of more specific zone types, including Free Trade Zones (FTZ), Export Processing Zones (EPZ), Free Zones (FZ), Industrial Estates (IE), Free Ports, Urban Enterprise Zones and others. Usually the goal of a structure is to increase foreign direct investment by foreign investors, typically an international business or a multinational corporation (MNC).

Visakhapatnam, "the city of destiny,"  is one of the fastest growing cities in India. The city is strongly build with many industries like, Port and Shipping, Oil Refinery, Steel, Fertilizer and Heavy Engineering to name a few.
VSEZ (Visakhapatnam Special Economic Zones) Duvvada has many companies, presntly Worldwide Diamond Mfrs. Pvt. Ltd, XINTHE TECHNOLOGIES PVT LTD, FINSOL CONSULTANCY PVT LTD, Cornileus Pharmaceuticals (P) Ltd, Dr.Reddy’s Laboratories Ltd, NITIN CYLINDERAS LIMITED , M/s. Lee Pharma Limited , M/s.MDL TECHNOLOGIES INDIA PVT LTD, Biomax Fuels Ltd and lot more coming.

Advantages of VSEZ:- 

1. High quality infrastructure at affordable rentals with initial concessions
2. Action oriented, responsive and export-friendly administrative set up
3. On-line services for all clearances/permissions
4. Strategically located - Easy accessibility to South and South East Asian countries
5. Strong industrial base and productive workforce
6. Readily available skilled workforce at reasonable wages
7. High quality and low cost social infrastructure
8. Well connected by rail, road and air to rest of the country
9. In-house customs facility for quick and easy clearances

For more information on how to start a company in Vizag, Click Here.