Providing industrial infrastructure
Attracting foreign investment
Skill development programs
Export promotion
Answer is Wrong!
Answer is Right!
The correct answer is: a) Providing industrial infrastructure.
APIIC stands for Andhra Pradesh Industrial Infrastructure Corporation. It is a state government undertaking that was established in 1978 to promote industrial development in Andhra Pradesh. The corporation’s main focus is on providing industrial infrastructure, such as land, water, power, and roads, to potential investors. It also provides other services to investors, such as marketing and promotion, and technical assistance.
The other options are incorrect because:
- b) Attracting foreign investment is not the primary focus of APIIC. However, the corporation does play a role in attracting foreign investment to Andhra Pradesh.
- c) Skill development programs are not the primary focus of APIIC. However, the corporation does provide some training programs for workers in the industrial sector.
- d) Export promotion is not the primary focus of APIIC. However, the corporation does provide some support to exporters in Andhra Pradesh.