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Caparo group to set up industrial park in AP

The UK-based CAPARO group is setting up an Rs 3,500 crore industrial park at Menakur village of Naidupeta mandal in Nellore district. The Chief Minister, Dr Y.S. Rajasekhar Reddy will lay the foundation stone for the mega project on Thursday. The CAPARO CEO, Angad Paul said that the luxury bus unit would roll out 2,000 buses annually from the next year.
The Chief Minister said that the government was determined to take the state to the number one position in the country in attracting industrial investment and creating job opportunities for the unemployed youth

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