TDP Mahanadu: CM Naidu says Kadapa Steel Plant work to begin in 10 days

Kadapa: Chief Minister N Chandrababu Naidu announced that the construction of the much-awaited Kadapa Steel Plant will officially commence within the next 10 days.

The CM made the announcement during the Mahanadu Sabha in Kadapa on Wednesday, with an aim to provide a major boost to the development of the long-neglected Rayalaseema region.

Employment for 3,000 people, promises CM

“The long-awaited Kadapa Steel Plant construction works will commence within the next 10 days. This project alone will generate employment for over 3,000 people,” CM said.

This Rs 4,500 crore mega project, with a steel production capacity of 3 million tonnes per annum (MTPA), is aimed at transforming the industrial landscape of the Rayalaseema region.

Terming it a vital step towards equitable growth, CM Naidu reiterated his government’s clear policy of decentralisation and balanced regional development.

‘Decentralisation of development’

“Our policy is clear: decentralisation of development. We are committed to developing every region of the state equally,” the CM said.

He further added, “Large-scale industries must be established in Rayalaseema to ensure balanced growth.”

The steel plant, planned earlier by the JSW Group led by industrialist Sajjan Jindal, had been stalled so far.

However, a recent high-level meeting between CM Naidu and Sajjan Jindal at the Chief Minister’s residence in Delhi helped expedite the project. The outcome of that meeting is now materialising on the ground.