Positive impactSector
FM, Naidu to lay stone for ₹40,000 cr Horticulture Hub on October 2
BusinessLine 2 hrs ago·23 Sept 2026, 2:34 pm
Finance Minister Nirmala Sitharaman and Vice President M. Venkaiah Naidu are set to inaugurate a major horticulture hub in Andhra Pradesh on October 2. The project, estimated to cost ₹40,000 crore, will be developed across the four Rayalaseema districts as well as Prakasam and Nellore.
This development is significant for the broader agricultural sector as it aims to boost the region's horticulture production and create infrastructure for processing and storage. For investors, this signals potential long-term growth opportunities in agricultural supply chains, logistics, and agri-tech sectors, as such large-scale projects often drive demand for related services and equipment.
Investors should watch for updates on the project's implementation timeline, the involvement of private players, and the specific industries that will benefit from this infrastructure development.
Excerpt from BusinessLine
Andhra Pradesh Chief Minister N Chandrababu Naidu and Union Finance Minister Nirmala Sitharaman will lay the foundation for the Rayalaseema horticulture hub at Madanapalle on October 2. The Centre will provide ₹40,000 crore under the Purvodaya scheme for the project and another ₹60,000 crore is expected to come…Read the original at BusinessLine
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