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Invest In Prakasam

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Prakasam District stands as Andhra Pradesh’s emerging economic powerhouse, offering strong potential for investment, industrial expansion, infrastructure development, tourism growth and sustainable business opportunities.

Business Elite Meet served as a dynamic platform for industry leaders, investors, policymakers and entrepreneurs to connect, collaborate and explore Prakasam’s growing economic opportunities.

Landscape of Opportunities

Bharat Petroleum Corporation Limited (BPCL) — a Maharatna Public Sector Undertaking ranked 285th on the Fortune Global 500 list (2025) — is set to establish a world-class Integrated Refinery and Petrochemical Complex at Ramayapatnam, Andhra Pradesh. With an estimated investment exceeding ₹1 lakh crore, the project represents one of the largest industrial investments in the state’s history.

BPCL

Indosol Solar Pvt. Ltd. is establishing a world-class Integrated Solar Photovoltaic (PV) Manufacturing Facility at Ramayapatnam, creating one of the largest solar manufacturing value chains in the nation. With an investment of nearly ₹69,000 crore and the potential to generate 13,000 direct employment opportunities, the project is set to transform Andhra Pradesh into a key hub for renewable energy manufacturing

Indosol

Reliance Industries Limited is implementing a Compressed Bio-Gas (CBG) project in Prakasam district that promotes sustainable energy and rural economic development, integrating agricultural resources with clean energy production.

Prakasam district is emerging as an important center for mineral exploration with the development of three composite licence iron ore blocks at Addankivaripalem, Lakshmakapalle North and Lakshmakapalle South. These strategically located blocks are expected to strengthen Andhra Pradesh’s mining sector and provide raw materials for the steel industry.

JSW Iron Ore

The Ramayapatnam Port is a major infrastructure initiative aimed at strengthening Andhra Pradesh’s maritime capabilities and boosting economic development. Strategically located at Ramayapatnam village in Gudluru Mandal of SPS Nellore District, the port is being developed as a modern deep-water facility. It is 93 km north of Krishnapatnam Port and 175 km south of Machilipatnam Port, with NH-16 approximately 5.5 km away and the nearest railway station (Thettu) about 5 km away.

Ramayyapatnam Port

The Government of Andhra Pradesh, through its Integrated Clean Energy Policy 2024, has reaffirmed its commitment to accelerating the clean energy transition. To strengthen domestic production and reduce dependence on imported renewable energy components, NREDCAP is spearheading the development of a Renewable Energy Manufacturing Zone (REMZ) in Prakasam district on a plug-and-play model.

The proposed Donakonda Mega Industrial Hub (DMIH) is envisioned as one of the largest industrial development projects in Andhra Pradesh, transforming Donakonda into a major manufacturing and investment destination with world-class infrastructure.

Donakonda APIIC

The Government of Andhra Pradesh, through the Andhra Pradesh Maritime Board (APMB), is undertaking the Phase-II Development Project of Kothapatnam Fishing Harbour — a landmark initiative aimed at strengthening the fisheries sector and improving the livelihoods of coastal communities. Situated at Kothapatnam Pallipalem Village in Kothapatnam Mandal of Prakasam District, the project seeks to provide safe and modern berthing facilities for the district’s vibrant fishing community. With a coastline stretching nearly 70 kilometres and over 1,000 motorised fishing boats operating in the region, the harbour is expected to serve as a critical hub for marine activities while promoting sustainable economic development

Kothapatnam Fishing Harbour

Micro, Small and Medium Enterprises (MSMEs) are playing a pivotal role in driving industrialization and employment generation in Prakasam district. To promote balanced regional development, APIIC has established and proposed several MSME parks across different assembly constituencies.

PMFME Scheme 2025–26: Empowering Food Processing Entrepreneurs

The Andhra Pradesh Food Processing Society is implementing the PM Formalisation of Micro Food Processing Enterprises (PMFME) Scheme in Prakasam District to promote self-employment among upcoming entrepreneurs. The scheme covers approximately 62 types of different food products generated through Agriculture, Horticulture, Dairy and Fisheries sectors in the district, creating a robust ecosystem for agri-food value addition and rural employment.

Future Scope — Horticulture Crops for Food Processing

Prakasam District has an exceptionally strong horticulture base spanning 28 mandals, providing abundant, low-cost raw material for food processing entrepreneurs.

Prakasam District is richly endowed with historical temples, ancient monuments, pristine beaches and scenic reservoirs that together create a diverse and compelling tourism landscape. From sacred pilgrimage centers and Buddhist heritage sites to vibrant beach festivals and serene waterside retreats, the district offers experiences for every kind of traveler. With growing footfalls and active infrastructure development by APTDC and the state Tourism Department, Prakasam is steadily emerging as a significant tourism destination in Andhra Pradesh.

Tourism Growth Potential

With its combination of spiritual heritage, Buddhist antiquity, independence history, coastal beauty and reservoir recreation, Prakasam has all the ingredients for a robust tourism circuit. The proposed investments at Devarampadu and Vinodarayunipalem, combined with the ongoing Pakala Beach development and the Kothapatnam Fishing Harbour and Greenfield Airport projects, will significantly enhance visitor accessibility and tourism infrastructure in the district. The success of the Pakala Beach Festival — drawing over 2 lakh visitors in a single weekend in February 2026 — demonstrates the latent demand and growing tourism potential of the region

Tourism Overview

The district’s tourism offerings span four broad categories — religious and pilgrimage sites, Buddhist and historical monuments, beach and coastal tourism and reservoir-based recreation. This diversity allows Prakasam to attract pilgrims, history enthusiasts, nature lovers and weekend tourists alike

  • RELIGIOUS TOURISM Singarayakonda Sri Prasanna Anjaneya Swamy Temple(Addanki Constituency) — one of the most visited pilgrimage centers

  • HISTORICAL MONUMENTS Buddhist Stupa at Chandavaram; Kanaparthi Museum preserving district heritage

  • BEACH TOURISM Kothapatnam Beach, Pakala Beach and Ramayapatnam Beach — growing coastal destinations; Gundamala in Kothapatnam Mandal, known as the “Maldives of Andhra Pradesh”, for its scenic turquoise backwaters

  • RESERVOIR TOURISM Gundlakamma Reservoir (20 km from Ongole) and Ramatheerdham Reservoir

  • FREEDOM HERITAGE Vinodarayunipalem — birthplace of Tanguturi Prakasam Panthulu; Salt Satyagraha Vijayastupam at Devarampadu

  • TEMPLE CIRCUITS Sri Sangameswaraswamy (Chennupadu), Sri Valluramma (Vallur), Sri Venkateswaraswamy (Mallavaram), Sri Raghunadaswamy (Chadalavada)

Investment Cell Contact

  1. Deputy Director – Head of the Cell : 8978566599
  2. Industries Promotion Officer : 9848012625
Invest In Prakasam

Gallery

  • Invest In Prakasam
    Invest In Prakasam
  • District Magistrate
    District Magistrate
  • Prakasam Businees Elite Meet 2026
    Prakasam Businees Elite Meet-2026