Chang­ing lo­gis­tics land­scape

Based on the con­cept of in­clu­sive life­style and in­dus­trial so­lu­tion, Jakkam­pudi Eco­nomic Town­ship, one of the 100 Eco­nomic Cities pro­posed for Andhra Pradesh aims to bring to­gether hous­ing, em­ploy­ment, so­cial ameni­ties, man­u­fac­tur­ing and in­te­grated lo­gist

Maritime Gateway - - Contents - by Sisir Prad­han

Based on the con­cept of in­clu­sive life­style and in­dus­trial so­lu­tion, Jakkam­pudi Eco­nomic Town­ship, one of the 100 Eco­nomic Cities pro­posed for Andhra Pradesh aims to bring to­gether hous­ing, em­ploy­ment, so­cial ameni­ties, man­u­fac­tur­ing and in­te­grated lo­gis­tics into one space.

ost-bi­fur­ca­tion, Andhra Pradesh gov­ern­ment has ini­ti­ated nu­mer­ous projects to at­tract in­vest­ment in the newly formed state, and one of its am­bi­tious projects is Jakkam­pudi Eco­nomic Town­ship. The project also known as JET City is based on the con­cept of ‘Walk to Work’. The town­ship has been de­signed in a way to pro­vide hous­ing, ed­u­ca­tion, em­ploy­ment and other so­cial ameni­ties at one place. And one of the thrust ar­eas in the project is to change the con­ven­tional way of man­u­fac­tur­ing, stor­age and dis­tri­bu­tion.

Project Back­ground

The state gov­ern­ment in Jan­uary 2017 is­sued an order for the for­ma­tion of a spe­cial pur­pose ve­hi­cle for devel­op­ment of JET City projects. There are plans to de­velop 100 Eco­nomic Cities and 265 acres of land has been iden­ti­fied in the first phase Jakkam­pudi for devel­op­ment of the first Eco­nomic City. The project lo­ca­tion is near Vi­jayawada and close to Am­ra­vathi with rail, road and air con­nec­tiv­ity. Some of the ex­ist­ing ma­jor in­dus­tries in the vicin­ity are Lanco Power at Kon­da­palli and NTPS at Ibrahim­pat­nam. Apart from 20,000 units of liv­ing space, JET City has two story re­tail and com­mu­nity cen­tre in three lev­els, and six story in­dus­trial workspace. The city will pro­vide in­te­grated life­style so­lu­tions such as health­care, ed­u­ca­tion and also op­por­tu­nity for as­set and iden­tity cre­ation open­ing av­enues in seg­ments like ed­u­ca­tion, hospi­tal, ho­tel re­tail, re­cre­ation, and en­ter­tain­ment among oth­ers. JET City avails ready built space for MSME, ser­vice in­dus­try, elec­tronic in­dus­try, lo­gis­tics com­pa­nies, and ware­houses.

Fu­ture out­look

V. Ram­nath, Ex­ec­u­tive Vice Chair­man, Andhra Pradesh Town­ship & In­fra­struc­ture Devel­op­ment Cor­po­ra­tion Ltd said, “The gov­ern­ment has called for ex­pres­sion of in­ter­est for in­vest­ment from var­i­ous sec­tors in­clud­ing lo­gis­tics. The project has re­ceived about 265 ap­pli­ca­tions from var­i­ous com­pa­nies, and so far about 19 lakh sqft of land has been sold to var­i­ous par­ties. The project has gen­er­ated lot of in­ter­est among in­vestors and the gov­ern­ment has re­ceived de­mand for about 400 acres of land to set up units.”

With­out di­vulging the names of in­ter­ested par­ties, Ram­nath said a ma­jor com­pany has asked for 200 acres of land to set up op­er­a­tion in the JET City. In view of the de­mand, the project im­ple­ment­ing au­thor­ity has re­quested the state gov­ern­ment to re­visit the plan and in­crease the size of land par­cel to meet the re­quire­ment. In a bid to in­crease the land par­cel, the project im­ple­ment­ing au­thor­ity is look­ing to add an­other 200-250 acres of land that will be avail­able for lo­gis­tics sec­tor in Amar­a­vati. The project has also gen­er­ated lot of in­ter­est for in­vest­ment in ware­hous­ing space, and one of the ma­jor in­vestors is Dubai head­quar­tered Sharaf DG which has ap­plied for 200 acres of space to de­velop its ware­hous­ing fa­cil­ity. JET City will have prod­uct spe­cific clus­ters and in the first phase about 12 key cat­e­gories have been in­cluded such as print­ing and pack­ag­ing. About 5 lakh sqft of land will be al­lo­cated to in­dus­tries run by women en­trepreneurs. The vi­sion for the project is to lever­age from economies of scale. Grad­u­ally, the fo­cus is to at­tract other in­dus­tries like plas­tic, IT, en­gi­neer­ing, elec­tri­cal fan, and stain­less steel-based an­cil­lary in­dus­tries.

V V Ram­nath Ram­nath Ex­ec­u­tive Vice Chair­man Andhra Pradesh Town­ship & In­fra­struc­ture Devel­op­ment Cor­po­ra­tion Ltd The gov­ern­ment has called for ex­pres­sion of in­ter­est for in­vest­ment from var­i­ous sec­tors in­clud­ing lo­gis­tics. The project has re­ceived about 265 ap­pli­ca­tions from var­i­ous com­pa­nies, and so far about 19 lakh sqft of land has been sold to var­i­ous par­ties.

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