industries visakhapatnam
Industries in Visakhapatnam (Vizag), Andhra Pradesh, India.

List of Industries in Visakhapatnam (Vizag)

Visakhapatnam – The Industries Visakhapatnam (Vizag) is emerging as one of the biggest industrial hubs of India with a very huge coastline and is on its way to become one of the most happening metropolitans of the nation. Visakhapatnam, additionally popularly because the Steel City of Andhra Pradesh has a number of the most effective production facilities within the country. Today, Visakhapatnam has clad to be a significant Industrial center within the entire South of Asian country.

Major Public sector Industries in Visakhapatnam (Vizag) are:

1. Hindustan Shipyard Limited

Hindustan Shipyard Ltd., strategically placed on the East Coast of the Indian dry land, at Visakhapatnam, province, is that the nation’s premier construction organization line to the needs of construction, ship repairs, submarine construction and refits further as style and construction of subtle progressive offshore and onshore structures. Direct access to the sea, excellent infrastructure, skilled labour and rich experience gained over the years in the construction of 179 vessels and the repair of 1953 vessels of various types allow HSL to offer competent services for the defence and maritime sectors.

Considering the strategic necessities, the yard was brought below the executive management of the Ministry of Defence on 22nd Feb 2010. The Registered Office of the company is located in Visakhapatnam and has regional office at New Delhi.

2. Hindustan Petroleum Corporation Limited 

Visakhapatnam (Visakha-Vizag) works is one amongst the 2 oil refineries of HPCL in Asian country, the opposite being urban center works. In 1957, Visakha works went on stream below the possession of M/s Caltex Asian country Ltd. In May, 1978, M/s Caltex petroleum refinery (India) was amalgamated with geographical area oil Corporation Ltd. The put-in capability of 1.5 MMTPA was inflated to 4.5 MMTPA in 1985 and 7.5 MMTPA in 1999, through an associate growth programme.

3. Rastriya Ispat Nigam Limited, Visakha Steel Plant

Rashtriya Ispat Nigam Ltd, (RINL), together remarked as Visakha Steel, might be a Public steel producer, primarily based in Visakhapatnam. The Steel plant is located 19 km from Visakhapatnam Railway Station, Andhra Pradesh state of India. RINL operates a 6.3 million metric weight unit every year at capability steelworks in Visakhapatnam.

Throughout the initial periods, the corporate suffered vast losses. Later the profits have gone up by 200% creating it the sole industry to realize such a target. Power generated by units one and a pair of, creating up for 1,000 MW, is devoted to power distribution corporations in hand by the govt. of province. The plant could be a national quality, and power generated is shared between multiple states, because the operator is national.

4. NTPC – Power Project Simhadri Thermal Power Project

Simhadri Super Thermal Power Plant is a coal-fired power plant located in Visakhapatnam district of Andhra Pradesh. The power plant is one amongst the coal pink-slipped power plants of NTPC, a Government of Bharat enterprise. The coal for the power plant is sourced from Kalinga Block of Talcher Coal fields in Odisha.

The plant could be a national quality, and power generated is shared between multiple states, because the operator is national. Power generated by units one and a couple of, creating up to 1,000 MW, is devoted to power distribution firms in hand by the Govt. of Andhra Pradesh. The remainder 1000 MW, generated by units three and four, is allotted to the states of Odisha, Tamil Nadu, and Karnataka. Their shares are decided arbitrarily, with unsold power being sold to Andhra Pradesh.

5. Bharat Heavy Plate & Vessels Limited

HPVP (Heavy Plates and Vessels Plant) is the 17th manufacturing unit of BHEL (Bharat Heavy Electricals Limited). Prior to merger it was known as BHPV LTD. (Bharat Heavy Plates and Vessels Limited). BHPV was established as a public sector undertaking under the Department of Heavy Industry, Government of India. It has been line to the specialized instrumentality & plants needed for oil refineries, chemical plants, steel plants, defence sector etc.

6. National Mineral Development Corporation Ltd

Incorporated in 1958 as a Government of Asian nation, a totally closely-held public enterprise. NMDC is below the executive management of the Ministry of Steel, Government of Asian country. Since origin concerned among the exploration of massive alternatives of minerals at the facet of ore, copper, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, beach sands etc. NMDC is India’s single largest iron ore produce.

7. Ferro Scrap Nigam Ltd

Ferro Scrap Nigam Ltd (FSNL) is a Government of India Mini Ratna II ,IMS Certified Company under and Ministry of Steel. The licensed and paid up share capital is Rs.200 lakhs and it’s a completely in hand subsidiary of MSTC Ltd. FSNL has over the years evolved as a pioneer organization within the field of steel factory services. The company at the present is functioning in eight steel plants within the country, BHEL Haridwar, Rail Wheel mill Bangalore and offers services at an awfully competitive worth with technology comparable to other world leaders.

Besides the main industries, Vizag incorporates a range of Medium Scale Industries being developed by the AP Industrial Infrastructure Corporation. Thanks to the investor-friendly Industrial Policies by each Government of province and also the Government of Asian country, special offers to foreign investors square measure accessible to line up industries in hot sectors like producing and knowledge Technology. The Visakhapatnam Special Export Zone (VSEZ) provides excellent infrastructure for industrial units apart from special concessions for Export Oriented Units (EOU).