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"Commercial Distination"..
India is amongst the fastest growing economies in the world, with the GDP growth for FY07 expected at around 7.5% to 8%. And needless to say Tier-II cities such as Visakhapatnam are viewed as the best centers for investments in Industries. Visakhapatnam , more popularly as the Steel City of Andhra Pradesh, has some of the best production facilities in the country. Today, Visakhapatnam has turned out to be a major Industrial center in the entire South of India. Many Major and Minor industries are located in the Industrial Zones such as the ones near Gajuwaka and Industrial Estate areas, just to quote few. Industry estimates says that investments to a tune of Rs. 30,000 crores would put in Visakhapatnam between the years 2006 - 2013.
Major Industries :-
Fishing Harbor
Simhadri Project of National Thermal Power Corporation (NTPC)
Visakhapatnam Special Export Zone (VSEZ)
Satyam Computer Services Limited (SCSL)