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APP chooses Andhra Pradesh to set up its manufacturing unit

APP one of the largest paper manufacturing companies is prepping to set up its proximity in the Andhra Pradesh.

The management of APP has met with Chief Minister Nara Chandrababu Naidu and requested his government to allocate 2,500 acres of land near a port in the State for setting up of the paper mill.

The company is going to start production within two-and-half-years if the State government allocates the required land.

The new unit would help in making transportation of raw material easier to the proposed company and finished paper products to China, whose market is seeing growing demand for paper and allied products.

The company is planning to produce only packaging paper at the proposed unit in AP and will have a daily import and export of materials weighing around 30,000 tonnes which have a capacity to produce 4,000 metric tonnes of paper a day and one-fourth of the production is expected to be utilized for the Indian market.

The company is about to submit its feasibility report for the project within 50 days from the date of confirmation of land.

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