Andhra Pradesh Industrial Development Policy 2023-27

Andhra Pradesh Industrial Development Policy 2023-27 is a Government of Andhra Pradesh policy implemented through the Department of Industries & Commerce, notified on 19 March 2023, and valid for a period of 4 years (1 April 2023 to 31 March 2027).

The policy aims to position Andhra Pradesh as a preferred global investment destination by promoting industrial growth, improving infrastructure, enabling MSMEs, and generating employment. For you as an MSME or startup, this policy provides strong support through infrastructure, incentives, ease of doing business, and market access to scale your business.

Key Features
Financial Assistance
Eligibility Criteria
Documents Required
Application Process

Key Features

Ease of doing business: The policy strengthens the single desk portal to provide time-bound approvals and reduce compliance burden, helping you start operations faster.
Plug-and-play infrastructure: Ready industrial spaces like flatted factories and parks reduce your setup time and initial investment.
Focus on MSME growth: The policy promotes MSMEs through easier access to infrastructure, incentives, and market support.
Employment generation focus: Enterprises creating employment receive incentives, encouraging expansion and workforce development.
Cluster and corridor development: Industrial growth is driven through corridors like VCIC, CBIC, and HBIC, improving logistics and connectivity.
Sector-focused incentives: Priority sectors receive additional support, helping MSMEs align with high-growth industries.
Startup and innovation ecosystem: The policy supports startups through incubation, mentoring, and innovation-focused initiatives.

Financial Assistance

Component	Assistance Provided	Detailed Explanation
Capital Investment Incentive	Up to 100% of Eligible Fixed Capital Investment (for selected categories)	Example: ₹1 crore investment → up to ₹1 crore eligible incentive based on category and approval.
Expansion Incentives	Available for capacity expansion (above 50%)	Example: Existing MSME expands production → eligible for additional incentives.
Infrastructure Support	Land at competitive rates + ready infrastructure	Example: MSME gets plug-and-play industrial space reducing setup cost.
Employment Incentives	Support linked to job creation	Example: Unit employing workers receives incentives based on workforce size.
Logistics & Export Support	Improved connectivity and export facilitation	Example: MSME benefits from port-led logistics reducing transportation cost.

Eligibility Criteria

Must be an industrial enterprise (manufacturing or services)
Must be located in Andhra Pradesh
Must be a new or expansion project
Must commence operations within policy period

Additional conditions:

Investment must meet minimum threshold
Compliance with regulatory and environmental norms required

Non-eligibility conditions:

Projects outside industrial/service sector
Units not complying with policy guidelines

Documents Required

Company / MSME registration certificate
Detailed Project Report (DPR)
Investment proof (plant & machinery)
Land and building documents
Approvals and licenses
Bank account details

Application Process

Option 1: Apply with Bullit, Recommended

Start instantly with our guided application support, where our team verifies eligibility, prepares documentation, and coordinates with the Industries Department on your behalf. Using our business loans and compliance calendar, you can track progress while focusing on project execution, we manage the application end-to-end.

Option 2 : Apply Online (Government Process)

Register on Andhra Pradesh Single Desk Portal
Submit industrial project proposal
Apply for required approvals and clearances
Select applicable incentives under policy
Upload required documents
Submit application
Evaluation by concerned departments
Approval of incentives
Disbursement of benefits
Track application status online