Mumbai: Krishnapatnam Port, developed by Navayuga Engineering on the eastern coast in Nellore district of Andhra Pradesh, is drawing up plans for setting up a 12,000 acre special economic zone, local media reported.
“A reputed iron and steel company has already finalised plans for setting up its unit on about 600 acre at the SEZ to take advantage of the port,” a port official commented.
(Source: Sea Trade Asia)