Apiic Ltd & L&T, Keesarapalli
Apiic Ltd & L&T, Keesarapalli is a Technology Park located in Nakkapalli, Visakhapatnam, India, established in 2005, regulated by the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) and L&T.
Key Facts
| Type | Technology Park |
|---|---|
| Location | Nakkapalli, Visakhapatnam, India |
| Year Established | 2005 |
| Area | 120 hectares |
| Companies | 140 |
| Governing Authority | Andhra Pradesh Industrial Infrastructure Corporation (APIIC) and L&T |
| Status | active |
Investment Incentives
Duty-free import/domestic procurement, 100% Income Tax exemption on export income for first 5 years (50% for next 5 years and subsequent 5 years on ploughed-back profit), Exemption from Central Sales Tax, Service Tax, and State sales tax (now zero-rated under IGST Act, 2017), Single window clearance for Central and State level approvals
Sector Focus
Apiic Ltd & L&T, Keesarapalli hosts businesses specialising in Technology.
About Apiic Ltd & L&T, Keesarapalli
The Apiic Ltd & L&T, Keesarapalli | Nakkapalli, Visakhapatnam Special Economic Zone (SEZ) is an IT/ITES focused zone located in Nakkapalli, Visakhapatnam, Andhra Pradesh, India. Established as a joint venture between Andhra Pradesh Industrial Infrastructure Corporation (APIIC) and L&T, its primary purpose is to foster economic growth and boost exports in the information technology and IT-enabled services sectors. The zone provides a conducive environment for businesses through various incentives and streamlined regulatory processes.
Frequently Asked Questions
What type of zone is Apiic Ltd & L&T, Keesarapalli?
Apiic Ltd & L&T, Keesarapalli is a Technology Park.
Where is Apiic Ltd & L&T, Keesarapalli located?
Apiic Ltd & L&T, Keesarapalli is located in Nakkapalli, Visakhapatnam, India.
When was Apiic Ltd & L&T, Keesarapalli established?
Apiic Ltd & L&T, Keesarapalli was established in 2005.
Who regulates Apiic Ltd & L&T, Keesarapalli?
Apiic Ltd & L&T, Keesarapalli is regulated by the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) and L&T.
What sectors operate in Apiic Ltd & L&T, Keesarapalli?
Apiic Ltd & L&T, Keesarapalli hosts businesses in Technology.
What are the investment incentives at Apiic Ltd & L&T, Keesarapalli?
Duty-free import/domestic procurement, 100% Income Tax exemption on export income for first 5 years (50% for next 5 years and subsequent 5 years on ploughed-back profit), Exemption from Central Sales Tax, Service Tax, and State sales tax (now zero-rated under IGST Act, 2017), Single window clearance for Central and State level approvals