Introduction
The Government of Andhra Pradesh ("AP Government")
recently unveiled its new Industrial Policy 2020-23 with the aim of
providing incentives and an investment-friendly environment for
certain industries in the state.
Broadly, the interventions by the state – that are
intended to support and facilitate industry – include
infrastructural interventions (related to the development and
management of industrial parks), ease of doing business measures
(such as creation of a single desk portal for approvals, deemed
approvals for certain industries), improving labour access /
skilling, developing a support centre for entrepreneurs, incentives
(such as GST reimbursements for certain industries), and special
incentives for socially disadvantaged groups such as women, members
of the scheduled caste, scheduled tribes and other communities.