Andhra to set up $6.4 bn building materials park
The Andhra Pradesh government on Monday signed an MoU with Chinese firms to establish a Building Materials Industrial Park and a Modern Building Materials Logistics Park with an expected investment of $6.4 billion. The project is expected to employ around 45,000 people. The park will manufacture materials like wood, cement, concrete, bricks, tiles, ceramics, and composite materials, among others.