Pragati Group will develop an industrial park in Andhra Pradesh’s Guntur district with a planned investment of Rs 2,500 crore, following an MoU signed at the CII Regional Conference in Amaravati.
Pragati Group has signed a memorandum of understanding to develop an industrial park in Guntur district, Andhra Pradesh, with an investment of Rs 2,500 crore. The agreement was signed at the CII Regional Conference held in Amaravati on October 17, 2026.
The proposed industrial park is expected to strengthen manufacturing, logistics and industrial infrastructure in the Guntur region. It could also attract downstream investments, create employment and improve the state’s position as a destination for industrial and supply-chain development.
Investment and Regional Impact
The Rs 2,500-crore project is among the investment announcements made during the CII event, reflecting continued investor interest in Andhra Pradesh’s industrial corridors and emerging urban-industrial hubs.
Guntur’s location within the Vijayawada–Amaravati–Guntur growth region provides access to road and rail networks, agricultural hinterlands and emerging industrial clusters. An industrial park of this scale could support warehousing, light manufacturing, packaging, cold-chain and other logistics-linked activities, subject to the final project plan.
What Remains Unclear
The announcement does not specify the park’s location within Guntur district, land area, project timeline, anchor tenants or the sectors expected to be housed at the facility. Further details are likely to emerge as the MoU progresses toward land allotment, approvals and construction.
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