Andhra Pradesh Industrial Infrastructure Corporation Limited (APIIC)
The state's industrial landlord: a wholly state-owned company that acquires land, develops industrial parks and allots plots to investors at prices the government sets. In August 2026 the government approved discounted APIIC land and incentives for two data-centre projects near Visakhapatnam.
This page is a factual profile built from official sources: enterprise filings, the DPE Public Enterprises Survey, PIB releases, government orders and CAG reports. Figures carry their year; where no official figure was found, the field is left out rather than estimated.
How we verify →The state's industrial landlord: a wholly state-owned company that acquires land, develops industrial parks and allots plots to investors at prices the government sets. In August 2026 the government approved discounted APIIC land and incentives for two data-centre projects near Visakhapatnam.
What happened
APIIC was incorporated on 26 September 1973 and is 'a wholly owned Undertaking of Government of Andhra Pradesh', with a paid-up capital of Rs 16.33 crore, according to its own website. It says it has developed more than 300 industrial parks and allots land and sheds to entrepreneurs.
In August 2026 the government approved land and tailor-made incentives for two data-centre projects: 200 acres at Jagnadhapuram near Visakhapatnam, to be allotted at a 25% discount on the APIIC cost for a Rs 58,743 crore, 486 MW project, and 433.30 acres at Makavaripalem in Anakapalli district at the fixed APIIC price, The New Indian Express reported.
APIIC's revenue, profit and staff numbers were not found in the official pages we checked.