Home Emerging Markets EconomyIndian State Economies Andhra Pradesh Economy, Economic Profile of Andhra Pradesh

Andhra Pradesh Economy, Economic Profile of Andhra Pradesh

By: KeithTimimi Date: 1 March 2010

About The Author

The free-spirited family-man internet entrepreneur who fell in love with the study of economics. And

Keith Timimi, Contributor

Located in the Southern part of India, Andhra Pradesh is bounded in north by Orissa and Madhya Pradesh, west by Maharashtra and Karnataka, in the south by Tamil Nadu and east by Bay of Bengal. The State has a coast line of 974 kms. The State came into existence on November 1st, 1956 with the merger of Hyderabad and Andhra State.

Andhra Pradesh Economic Statistics

Economic Activity: Services- Manufacturing- 17%; Services- 43%; Agriculture -40%

Investor Profile: : Govt. 48.7%; Foreign 21.2%; Indian 30.1%

State Priority Areas: Food processing; Software; Financial services; Electronics; Power; Textiles; Tourism

Investment Strengths: Reform-oriented state, improved governance and administration; fourth largest market in the nation; relatively high purchasing power

Cell phone/ 100 persons: 0.54

POPULATION (2001 census)	76210007
MALES	38527413
FEMALES	37682594
SEX RATIO (females/1000 males)	978
DENSITY OF POPULATION (Persons/ Square Km)	275
URBAN POPULATION %	27.08
LITERACY RATE (census 2001) in %	60.5
MALE LITERACY in %	70.3
MALE LITERATE in numbers	23444788
FEMALE LITERACY in %	50.4
FEMALE LITERATE in numbers	16489535
BIRTH RATE (PER 1000) (2002)P	20.6
DEATH RATE (PER 1000)	'8.0
NSDP at current prices (2002-2003)* Rs Crores	135597 Rs Crores *(2001-2002)
PER CAPITA NSDP (2002-03) at current prices Rs	17642 Rs *(2001-2002)

(2002)P: Provisional

*(2002-03): Advanced Estimates
*(2001-02): Quick Estimate
*(2000-01): Provisional Estimate
NSDP: Net State Domestic product

Source: Directorate of Economics & Statistics of respective State Governments (As on March 26, 2004), Ministry of Health and Family Welfare, Govt. of India

Infrastructure

The State is well connected by road, rail, air and sea. Visakhapatnam is a major port in the State. Hyderabad , Tirupati, and Visakhapatnam are air-linked. National and international flights link the state with important world locations.

Hydel and thermal power projects in the state eets the power requirements of the State. Number of new power projects are coming up in the State which is expected to generate additional power capacity in the State.

Agriculture

Agriculture is the main occupation and 70 percent of population is engaged in agriculture and related activities. Rice is the major food crop and staple food of the state. Other important crops are Jowar, Bajra, Maize, ragi, small millets, pulses, tobacco, cotton and sugar cane. The state has 23 percent area covered with forest.

Industries

Several major industries are in opeation around Hyderabad, which has now been nicknamed as Cyberabad due to its Information Technology foray and location of major software industries in the city. Another industrial location is Visakhapatnam which is also one of the major sea ports of India. The State is promoting Information Technology in a big way and has one of the IT parks in Hyderabad.

Active Industries in Andhra Pradesh:

AUTOMOBILE AND AUTO COMPONENTS INDUSTRYSPICES, MINES AND MINERALS , TEXTILES AND APPARELS’IT INDUSTRY
BULK DRUGS AND PHARMACEUTICALS
HORTICULTURE ,
POULTRY FARMING
SPICES
MINES AND MINERALS
TEXTILES AND APPAREL INDUSTRY
IT INDUSTRY

Resources

Andhra Pradesh has the largest deposits of quality Chrysolite Asbestos in India. It accounts for about 93 percent of India's total production of Barites. Other important minerals in the state are copper ore, manganese, mica, coal and limestone.

Tourism

Charminar, Salarjung Museum, Golconda Fort, Tirupathi, Warrangal fort are some of the important tourim locations.

Useful Links

Complete and Comprehensive listing of all State Government Websites and local bodies.

Banking

Management Institutes

Contact Address