Rushikonda IT zone gets Industrial Area Local Authority status.

The Andhra Pradesh government has accorded Industrial Area Local Authority (IALA) status to the Rushikonda IT special economic zone (SEZ), spread over 200 acre on the outskirts of Visakhapatnam.

The IALA status allows units to de-notify from the purview of the IT SEZ. The Andhra Pradesh Industrial Infrastructure Corporation (APIIC) will function as the IALA. It exercises certain statutory powers and functions such as assessment, levy and collection of taxes from the occupants in areas that fall in APIIC's industrial estates.

'Currently, maintenance of roads, street lights, drainage and other amenities by the Greater Visakha Municipal Corporation is very poor in the IT SEZ area. With the new status, the IT units can now have a choice for good maintenance without depending on the local corporation,' Vishnu Kumar Raju, president of the Rushikonda IT Park Units Association and member of the Legislative Assembly (Vizag north), told Business Standard.


BS