Andhra Pradesh Industrial Infrastructure Corporation

{{Short description|Andhra Pradesh Government initiative}}

{{EngvarB|date=January 2014}}

{{Use dmy dates|date=October 2020}}

File:EMC TPTY ENTRANCE.jpg

The Andhra Pradesh Industrial Infrastructure Corporation Limited (APIIC) is an Andhra Pradesh Government initiative for providing infrastructure through development of industrial areas.{{Cite web |url=http://www.aponline.gov.in/apportal/departments/departments.asp?dep=19&org=131&category=About |title=APOnline - Organisation Info |access-date=1 June 2009 |archive-url=https://web.archive.org/web/20070608035135/http://www.aponline.gov.in/apportal/departments/departments.asp?dep=19&org=131&category=About |archive-date=8 June 2007 |url-status=dead}}

APIIC was established in the year 1973 for identifying and developing potential growth centres in the State fully equipped with developed plots/sheds, roads, drainage, water, power and other infrastructural facilities; providing social infrastructure, like housing for workers near industrial zones; co-ordinating with the agencies concerned for providing communication, transport and other facilities. The corporation also has active projects in the Public-Private Partnership Mode

Projects undertaken

APIIC has been the principal facilitator in mega-projects such as HITEC City, now in Telangana;{{Cite web |url=http://www.projectsmonitor.com/detailnews.asp?newsid=2435 |title=Unlimited opportunities as AP plans infrastructure parks |access-date=1 June 2009 |archive-url=https://web.archive.org/web/20100203104248/http://projectsmonitor.com/detailnews.asp?newsid=2435 |archive-date=3 February 2010 |url-status=dead}} Special Economic Zones such as Sricity, a developing Satellite City in the epicentre of Andhra Pradesh and Tamil Nadu. Visakha Industrial Water Supply, Gangavaram Port, Convention Centre and Mega Industrial Parks at Parawada.

Plans for APIIC Tower

The Government has earmarked a {{convert|97|acre|m2|adj=on}} site to the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) for the proposed trade tower to be constructed at Manchirevula near Narsingi, in the business district. According to APIIC Chairman S.Siva Rama Subramanyam, who recently led a three-member corporation team to Kuala Lumpur, Malaysia, to study the famed 'Petronas Towers' there, the modalities of the project were being worked out. After the initial expression of interest, global tenders were expected to be called in within a couple of months.

File:APIIC Building EMC TPTY.jpg

The APIIC tower could either be a joint venture or with the APIIC as an equity partner, the modalities of which were yet to be worked out with consultants. He said a consultant, Fortune Capitals had been mandated to work out the plan. The APIIC was keen to start the work at the earliest in the next fiscal.

This plan was eventually scrapped after the bifurcation of Andhra Pradesh and that planned land is now under the administration of Telangana State Industrial Infrastructure Corporation (TSIIC).

EMAAR-MGF Boulder Hills

APIIC has been embroiled in a controversy over land acquisition for the Boulder Hills project in Hyderabad, a joint venture with EMAAR-MGF (also see EMAAR). News reports suggest that the APIIC agreed to dilute the public stake by undervaluing the land that it contributed. About {{convert|500|acre|km2}} of land was acquired by APIIC in 2002-2003 for setting up a golf course and residential properties. Of the {{convert|535|acre|km2}} of land in Manikonda near the Indian School of Business, APIIC sold {{convert|285|acre|km2}} at 2.7 million per acre as against the prevailing price of 10 million per acre in 2003. The remaining 235 acres (and an additional {{convert|15|acre|m2}} of unusable land) were allotted as a 66-year lease with a 2% share of the Golf course revenues. EMAAR sold this project to EMAAR-MGF and diluted the value of APIIC's stake from 26% to 4%, by not considering the prevailing market rate for the land in 2009.{{cite news|url=https://timesofindia.indiatimes.com/city/hyderabad/APIIC-loses-prime-land-in-blind-deal/articleshow/6290374.cms |archive-url=https://web.archive.org/web/20121103045710/http://articles.timesofindia.indiatimes.com/2010-08-11/hyderabad/28290944_1_apiic-emaar-boulder-hills-hills-township-private-limited |url-status=live |archive-date=3 November 2012 |title= APIIC loses prime land in blind deal|work=The Times of India| first1=Sudipta|last1=Sengupta|date=11 August 2010}}

Multiple claimants to the land have emerged, including the WAKF board and the previous farmer owners of this land.{{cite news|url=http://articles.timesofindia.indiatimes.com/2010-08-12/hyderabad/28318118_1_wakf-board-apiic-emaar-deal-emaar-properties-pjsc |archive-url=https://web.archive.org/web/20121103045746/http://articles.timesofindia.indiatimes.com/2010-08-12/hyderabad/28318118_1_wakf-board-apiic-emaar-deal-emaar-properties-pjsc |url-status=dead |archive-date=3 November 2012 |title=Wakf Board says APIIC-Emaar deal void|work=The Times of India| first1=Sudipta|last1=Sengupta|date=12 August 2010}}{{cite news|url=http://articles.timesofindia.indiatimes.com/2010-08-19/hyderabad/28301984_1_emaar-mgf-kcr-land-acquisition|archive-url=https://web.archive.org/web/20121103045908/http://articles.timesofindia.indiatimes.com/2010-08-19/hyderabad/28301984_1_emaar-mgf-kcr-land-acquisition|url-status=dead|archive-date=3 November 2012|title=KCR Wants Land To Be Given Back To Farmers|work=The Times of India| date=19 August 2010}} The customers who have paid for properties in the developed project are in jeopardy due to the unclear land title.{{cite news |url=http://articles.timesofindia.indiatimes.com/2010-08-15/hyderabad/28301702_1_emaar-mgf-boulder-hills-apiic-emaar-deal |archive-url=https://web.archive.org/web/20121103045805/http://articles.timesofindia.indiatimes.com/2010-08-15/hyderabad/28301702_1_emaar-mgf-boulder-hills-apiic-emaar-deal |url-status=dead |archive-date=3 November 2012 |title= Emaar row gives customers the jitters|work=The Times of India| first1=Sudipta |last1=Sengupta |date=15 August 2010}} On the back of the controversial Boulder Hills deal with EMAAR-MGF, several other APIIC projects, including the Raheja Mindspace IT park, that were approved in the period between 2003 and 2009 are being questioned.{{cite news|url= http://articles.timesofindia.indiatimes.com/2010-08-15/hyderabad/28287664_1_apiic-land-deals-sarma|archive-url= https://web.archive.org/web/20121103050011/http://articles.timesofindia.indiatimes.com/2010-08-15/hyderabad/28287664_1_apiic-land-deals-sarma|url-status= dead|archive-date= 3 November 2012|title=All APIIC deals dubious |work=The Times of India| date=15 August 2010}}{{cite news|url=http://articles.timesofindia.indiatimes.com/2010-08-14/hyderabad/28280926_1_stamp-duty-developer-cent-equity |archive-url=https://web.archive.org/web/20121103045823/http://articles.timesofindia.indiatimes.com/2010-08-14/hyderabad/28280926_1_stamp-duty-developer-cent-equity |url-status=dead |archive-date=3 November 2012 |title=APIIC's Raheja deal gets hit too |work=The Times of India| first1=Sudipta |last1=Sengupta |date=14 August 2010}}{{cite web|url= http://newindianexpress.com/cities/hyderabad/article204375.ece|archive-url= https://web.archive.org/web/20140221093423/http://www.newindianexpress.com/cities/hyderabad/article204375.ece|url-status= dead|archive-date= 21 February 2014|title=Another APIIC shady deal comes under scanner |publisher=The New Indian Express}} There are allegations of irregularities in land deals during the Chief Ministership of Y.S. Rajasekhara Reddy.{{cite web|url=http://www.hindustantimes.com/Rs-10-000-cr-scam-took-place-during-YSR-rule/Article1-584999.aspx |archive-url=https://web.archive.org/web/20100811090544/http://www.hindustantimes.com/Rs-10-000-cr-scam-took-place-during-YSR-rule/Article1-584999.aspx |url-status=dead |archive-date=11 August 2010 |title=Rs 10,000-cr scam took place during YSR rule |work=Hindustan Times}}{{cite web|url=http://newindianexpress.com/states/andhra_pradesh/article203018.ece |archive-url=https://web.archive.org/web/20140221093426/http://www.newindianexpress.com/states/andhra_pradesh/article203018.ece |url-status=dead |archive-date=21 February 2014 |title=JC & co accuse Ambati of Rs 10,000 crore scam |publisher=The New Indian Express}}

There are also allegations that government officials were allocated parcels of the property at deeply discounted prices compared to the prevailing market price.{{cite news|url=http://articles.timesofindia.indiatimes.com/2010-08-13/hyderabad/28311548_1_apiic-emaar-boulder-hills-emaar-apiic |archive-url=https://web.archive.org/web/20121103045830/http://articles.timesofindia.indiatimes.com/2010-08-13/hyderabad/28311548_1_apiic-emaar-boulder-hills-emaar-apiic |url-status=dead |archive-date=3 November 2012 |title=Babus, politicos got prime Emaar plots? |work=The Times of India| first1=Sudipta |last1=Sengupta |date=13 August 2010}}

Officials who previously ran APIIC and seem to have conflicts of interest with the developers,{{cite news|url=http://articles.timesofindia.indiatimes.com/2010-08-14/hyderabad/28322606_1_apiic-industrial-sector-ias-officer |archive-url=https://web.archive.org/web/20121103045844/http://articles.timesofindia.indiatimes.com/2010-08-14/hyderabad/28322606_1_apiic-industrial-sector-ias-officer |url-status=dead |archive-date=3 November 2012 |title=Babu has road named after him! |work=The Times of India| date=14 August 2010}} have refuted many of these allegations and defended earlier land allotment decisions.{{cite news|url=http://articles.timesofindia.indiatimes.com/2010-08-15/hyderabad/28277871_1_apiic-legal-notice-emaar-group |archive-url=https://web.archive.org/web/20121103045850/http://articles.timesofindia.indiatimes.com/2010-08-15/hyderabad/28277871_1_apiic-legal-notice-emaar-group |url-status=dead |archive-date=3 November 2012 |title=Acharya's bouncer |work=The Times of India| date=15 August 2010}}{{cite web|url=http://www.deccanchronicle.com/hyderabad/acharya-denies-wrongdoing-004 |archive-url=https://web.archive.org/web/20181028154501/https://www.deccanchronicle.com/hyderabad/acharya-denies-wrongdoing-004 |url-status=dead |archive-date=28 October 2018 |title=Acharya denies wrongdoing |work=Deccan Chronicle}}

There have been several calls for a thorough investigation into APIIC deals either by the CBI or by the state investigative agency CID.{{cite web|url=http://www.deccanchronicle.com/nellore/desam-seeks-inquiry-land-acquisition-031 |archive-url=https://web.archive.org/web/20101010011649/http://www.deccanchronicle.com/nellore/desam-seeks-inquiry-land-acquisition-031 |url-status=dead |archive-date=10 October 2010 |title=Desam seeks inquiry into land acquisition |work=Deccan Chronicle}}{{cite web|url= http://sify.com/news/naidu-demands-cbi-probe-into-emaar-land-row-news-national-kinuubffjij.html|archive-url= https://web.archive.org/web/20100817012649/http://sify.com/news/naidu-demands-cbi-probe-into-emaar-land-row-news-national-kinuubffjij.html|url-status= dead|archive-date= 2010-08-17|title=Naidu demands CBI probe into Emaar land row |website=Sify}}{{cite web|url=http://www.deccanchronicle.com/nellore/probe-sought-anomalies-128 |archive-url=https://web.archive.org/web/20101010014555/http://www.deccanchronicle.com/nellore/probe-sought-anomalies-128 |url-status=dead |archive-date=10 October 2010 |title=Probe sought into anomalies|work=Deccan Chronicle}} Though there were initial reports of an external audit,{{cite news|url=http://www.hindu.com/2010/08/14/stories/2010081459990100.htm |archive-url=https://web.archive.org/web/20100817024459/http://www.hindu.com/2010/08/14/stories/2010081459990100.htm |url-status=dead |archive-date=17 August 2010 |title=Emaar: third party audit likely |work=The Hindu | location=Chennai, India |date=14 August 2010}} the calls for a CBI enquiry were downplayed by the Andhra Pradesh Government, which has initiated an internal APIIC probe.{{cite news|url=http://articles.timesofindia.indiatimes.com/2010-08-18/hyderabad/28294065_1_apiic-chairman-emaar-apiic-cbi-probe|archive-url=https://web.archive.org/web/20121103052609/http://articles.timesofindia.indiatimes.com/2010-08-18/hyderabad/28294065_1_apiic-chairman-emaar-apiic-cbi-probe|url-status=dead|archive-date=3 November 2012|title=Emaar deal facts may not come out|work=The Times of India| date=18 August 2010}}{{cite news|url=http://articles.timesofindia.indiatimes.com/2010-08-15/hyderabad/28288821_1_apiic-emaar-deal-srighakolapu-sivarama-subramanyam|archive-url=https://web.archive.org/web/20121103052615/http://articles.timesofindia.indiatimes.com/2010-08-15/hyderabad/28288821_1_apiic-emaar-deal-srighakolapu-sivarama-subramanyam|url-status=dead|archive-date=3 November 2012|title=3-member panel to probe Emaar deal|work=The Times of India| first1=Jinka|last1=Nagaraju|date=15 August 2010}}{{cite news|url=http://articles.timesofindia.indiatimes.com/2010-08-20/hyderabad/28313792_1_apiic-emaar-mgf-k-rosaiah|archive-url=https://web.archive.org/web/20121103052623/http://articles.timesofindia.indiatimes.com/2010-08-20/hyderabad/28313792_1_apiic-emaar-mgf-k-rosaiah|url-status=dead|archive-date=3 November 2012|title=Cabinet goes soft on Emaar deal probe|work=The Times of India| date=20 August 2010}}

Raheja Mindspace project

Raheja Mindspace is one of the IT parks established in Hyderabad's HITEC city developed with about 110 Acres of land allotted by APIIC.{{cite web|url=http://www.apiic.in:8082/alfresco/download/direct?guest=true&path=/Company%20Home/Guest%20Home/Downloads/PDF/MindSpaceProject.pdf|title=Raheja Mindspace Project, APIIC|publisher=APIIC|access-date=19 May 2019|archive-url=https://web.archive.org/web/20120426074401/http://www.apiic.in:8082/alfresco/download/direct?guest=true&path=%2FCompany%20Home%2FGuest%20Home%2FDownloads%2FPDF%2FMindSpaceProject.pdf|archive-date=26 April 2012|url-status=dead}} Similar to Boulder hills, there are allegations of dilution of the Andhra Pradesh state's ownership (through APIIC) in the Mindspace project with active connivance of previous administrators of APIIC.{{cite news|url=http://articles.timesofindia.indiatimes.com/2010-08-14/hyderabad/28280926_1_stamp-duty-developer-cent-equity|archive-url=https://web.archive.org/web/20121103045823/http://articles.timesofindia.indiatimes.com/2010-08-14/hyderabad/28280926_1_stamp-duty-developer-cent-equity|url-status=dead|archive-date=3 November 2012|title=APIIC's Raheja deal gets hit too|work=The Times of India| date=14 August 2010}} APIIC former managing director B. P. Acharya, principal secretary (information technology and communication) K Ratna Prabha, and Special Secretary (Information Technology) Gopi Krishna in the state Government, have been implicated by the Anti Corruption Bureau in taking decisions in favor of the developers and against the interests of the public.{{cite news|url=http://www.hindu.com/2011/02/20/stories/2011022056870100.htm|archive-url=https://web.archive.org/web/20110220193652/http://www.hindu.com/2011/02/20/stories/2011022056870100.htm|url-status=dead|archive-date=20 February 2011|title=Register case against State officials, ACB told|work=The Hindu | location=Chennai, India|date=20 February 2011}}{{cite web|url=http://newindianexpress.com/cities/hyderabad/article400034.ece|archive-url=https://archive.today/20130629234116/http://newindianexpress.com/cities/hyderabad/article400034.ece|url-status=dead|archive-date=29 June 2013|title=FIR filed against officials in Rahejas case|publisher=The New Indian Express}}{{cite web|url=http://www.siasat.com/english/news/ias-officers-caused-rs-500-crore-loss-ap|title=IAS officers caused Rs 500 crore loss to AP|publisher=Siasat}} Acharya has refuted these allegations of impropriety.{{cite news|url=http://www.hindu.com/2011/02/21/stories/2011022161190400.htm|archive-url=https://web.archive.org/web/20110226042054/http://www.hindu.com/2011/02/21/stories/2011022161190400.htm|url-status=dead|archive-date=26 February 2011|title=Raheja case: Acharya counters petitioner's contention|work=The Hindu | location=Chennai, India|date=21 February 2011}} Recent negotiations between the Raheja group and APIIC (and Andhra Pradesh) seek to restore the state's share in the ownership and rental revenues from the project.{{cite news|url=http://www.thehindu.com/todays-paper/tp-national/tp-andhrapradesh/article2733778.ece|title=APIIC board defers decision on Rahejas' offer|work=The Hindu | location=Chennai, India|date=21 December 2011}}{{cite news|url=https://timesofindia.indiatimes.com/city/hyderabad/Emaar-to-restore-APIIC-stake-in-JV/articleshow/11187273.cms|archive-url=https://web.archive.org/web/20140204015113/http://articles.timesofindia.indiatimes.com/2011-12-21/hyderabad/30542166_1_apiic-board-apiic-chairman-emaar-group|url-status=live|archive-date=4 February 2014|title=Emaar to restore APIIC stake in JV|work=The Times of India| date=21 December 2011}}{{cite web|url=http://www.ishaanrealestate.com/pdf/Trade-Update-200911.pdf |title=Ishaan Real-estate Portfolio Update |publisher=Ishaan Real-estate |url-status=dead |archiveurl=https://web.archive.org/web/20120426074408/http://www.ishaanrealestate.com/pdf/Trade-Update-200911.pdf |archivedate=26 April 2012 }}

Recent Developments

Under the INC government of Nallari Kiran Kumar Reddy (2010-2014) proposals were by the Andhra Pradesh government to divest from costly APIIC infrastructure projects, which caused large public disagreement between the two entities.{{cite web|url=http://www.deccanchronicle.com/channels/cities/hyderabad/apiic-decides-offload-more-stakes-567|archive-url=https://web.archive.org/web/20111210101436/http://www.deccanchronicle.com/channels/cities/hyderabad/apiic-decides-offload-more-stakes-567|url-status=dead|archive-date=10 December 2011|title=APIIC decides to offload more stakes|work=Deccan Chronicle}}{{cite news|url=http://www.thehindu.com/todays-paper/tp-national/article2733409.ece|title=State mulls dis-investing APIIC stake in JVs|work=The Hindu | location=Chennai, India|date=21 December 2011}}{{cite news|url=http://articles.timesofindia.indiatimes.com/2011-12-15/hyderabad/30520118_1_apiic-md-b-r-meena-joint-ventures|archive-url=https://archive.today/20120709140715/http://articles.timesofindia.indiatimes.com/2011-12-15/hyderabad/30520118_1_apiic-md-b-r-meena-joint-ventures|url-status=dead|archive-date=9 July 2012|title=APIIC to oppose Kiran move to sell profit-making JVs|work=The Times of India| date=15 December 2011}}

The YSRCP Chief Minister Y. S. Jaganmohan Reddy appointed the actress-turned politician R. K. Roja as Chairman of the APIIC in 2019. Her appointment coincided with the unveiling of the government's New Industrial Policy. This program promises concessions for women minority entrepreneurs, an investment in MSMEs (Micro, Small and Medium Enterprises), a particular focus on pharma, textiles, automobiles, electronics and petrochemicals, and finally additional subsidies for mega-projects in line with investment proposals.{{Cite web|date=2020-08-10|title=సీఎం వైయ‌స్ జ‌గ‌న్ ఆలోచ‌న‌ల ప్ర‌తిరూపం కొత్త ఇండ‌స్ట్రియ‌ల్ పాల‌సీ|url=https://www.ysrcongress.com/top-stories/minister-mekapati-goutham-73391|access-date=2020-08-10|website=YSR Congress Party|language=en}}

References

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