Orvakal node
4,742 acresArea
₹2,786 crTrunk-infra cost
₹12,000 crInvestment potential
45,000Projected jobs
Orvakal in Kurnool is HBIC’s lead node and one of the most advanced of the newer corridors — PM foundation stone and EPC award both in October 2025, land and equity released. It already has early named tenants: Aerpace’s “Drone City” MoU near Kurnool airport and a Jayaraj Ispat steel unit, around an aerospace-and-engineering positioning.
Companies & commitments
| Company | Sector | Commitment |
|---|---|---|
| Aerpace Industries | Drones / UAVs | MoU for India’s first “Drone City”, ~300 acres near Kurnool airport |
| Jayaraj Ispat | Steel | Steel unit — operations launched |
Industries coming up
Aerospace & defenceDrones / UAVsLight engineeringSteel & non-metallic mineralsRenewablesTextilesGems & jewellery
Infrastructure & connectivity
- NICDIT footprint 4,742 acres (of 9,305); Phase-1 activation 2,621 acres; ~₹2,786 cr infrastructure
- PM foundation stone 16 Oct 2025; EPC LoA 9 Oct 2025; 1,292 acres + ₹500 cr equity transferred
- Adjacent to Orvakal (Kurnool) airport; NH-44; targets ~₹12,000 cr investment, ~45,000 jobs
Incentives & land: AP industrial incentives; airport-adjacency anchoring an aerospace/drone cluster.
Anchor tenants & demand signals
Unusually for a node this early, Orvakal has named commitments — Aerpace (drones/UAVs, ~300 acres) and Jayaraj Ispat (steel) — leveraging the adjacent Orvakal airport to seed an aerospace and defence cluster. The tenant list is still thin but real.
Timeline
- Aug 2024CCEA approval
- Oct 2025PM foundation stone; EPC LoA; land + equity transferred