One of the top most company’s ITC Agri business has already a part of Hyderabad which is almost going to do the 8000 crore business in Hyderabad. But now this is going to be shifted there Headquarters to Guntur now and it is also planning to produce new Product. Actually this helps the farmer of Ap and Guntur. For this ITC is going to shift there 500 employees to Guntur and headquarter construction they want’s to spend upto 200 crore.
Reports say that some other companies like Ashok Leyland, Inani Group and Havells, Euro Cables, and automobile company Ashok Leyland, they are already in trying to take 100 acres land in Krishna district.Their purpose to shift their bulk body building unit with a huge investment of 1000 Crore. APIIC currently has a land bank involving 3200 acres in Krishna district.