Sri City or Satyavedu Reserve Infracity Pvt. Ltd.[3] is an integrated business city (township) and special economic zone located in Tirupati district in the state of Andhra Pradesh, India. It was founded in 2008 and has now become one of the coveted business destinations in the country with total investments close to 4 billion USD and total exports exceeding 500 million USD till date. Sri City forms part of Satyavedu and Varadaiahpalem mandals of Tirupati district. It is located along the NH16[4] of Andhra Pradesh, India. Sri City boasts of seamless connectivity by road, air and sea ports. It is spread over 7500 acres, and includes a multiproduct Special Economic Zone (SEZ), a Domestic Tariff Zone (DTZ), a Free Trade & Warehousing Zone (FTWZ) and an Electronics Manufacturing Cluster. Inaugurated on August 8, 2008 by then Chief Minister of Andhra Pradesh, late Dr YS Rajasekhara Reddy, Sri City soon emerged as the preferred investment destination for several national and international brands, and today it is home to nearly 200 companies from 28 countries across the world. Sri City is home to over 200 companies from 28 countries including multinationals like Kellogg’s, Isuzu, Mondelez, Pepsi, Panasonic, Daikin, Kimberly Clark, Alstom, Kobelco, Foxconn, Danieli etc.
Sri City | |
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![]() ![]() Sri City | |
Coordinates: 13.557673°N 80.029489°E / 13.557673; 80.029489 | |
Country | India |
State | Andhra Pradesh |
District | Tirupati district |
Area | |
• Total | 69.88697 km2 (26.98351 sq mi) |
• Rank | 24 |
• Rank | 414 |
Languages | |
• Official | Telugu |
Time zone | UTC+5:30 (IST) |
Website | SriCity |
It is situated between north latitudes of 13°29’50" & 13°34’40" and east longitudes of 79°57’30" & 80°02’50",[5] at an average elevation of about 20 meters above MSL (66 ft) in Tirupati district of Andhra Pradesh. It is alongside NH 5 which forms part of the Golden Quadrilateral.[6] A creek (Karipeti Kalava) flows through Sri City passing through a number of lakes on the way to joining Pulicat Lake north of Tada. There is a state forest on the western boundary. The Telugu Ganga project carrying Krishna River water to Chennai passes along the western boundary of Sri City.
Telugu is the official and spoken language.[7] Most of the educated populace speak English and are bi-lingual.[8]
Sri City forms part of Satyavedu and Varadaiahpalem Mandals of Tirupati District. It is part of the Satyavedu constituency and Tirupati MP constituency. As per 2011 census the total population of the Satyavedu constituency is 2,77,010,[9] with a literacy rate of 78.98, well over national rate of Literacy in India which stand at 74.04%.[10]
The integrated township includes various zones: Industrial, Residential, Educational, Commercial and Recreational.
The Industrial Zone includes a Special Economic Zone (SEZ) for Export Oriented Industry and Domestic Tariff Zone (DTZ) for Domestic Industry. It is a business destination for global companies to establish Manufacturing, Services and Trading operations in India.[12]
The SEZ is administered by Andhra Pradesh Industrial Infrastructure Corporation (APIIC)[13] & Industrial Area Local Authority (IALA). The Government appointed officer controls the planning and building approval processes. A Commissioner appointed by the Government of India, Ministry of Commerce, administers the (SEZ) area.
The SEZ was designed by Jurong Consultants, Singapore,[14] taking into account future dimensions of expansion.[15]
Sricity is located in close proximity to Asian Highway 45. The Tirupati Airport is the nearest airport (82 km)[16] Tada and Arambakkam railways stations are nearest railway stations to Sricity.[17][18] Chennai Port and Ennore Ports are the nearest port to the town.[19] While, Krishnapatnam Port is located 100 km (62 mi) to the north of Sri City.[19]
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