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Report of SRICITY Satyavedu

Report of SRICITY Satyavedu

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Published by: E.GOPINADH on Dec 17, 2009
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Sri City Aerial ViewSri CityLocation of Sri CityinAndhra PradeshandIndia Coordinates13°30′52″N80°05′22″E 13.51437°N 80.08939°ECountryIndiaStateAndhra PradeshDistrict(s)Chittoor Sub districtSatyaveduPopulation90,536Literacy78%Official languagesTelugu,Tamil, English, Time zoneIST(UTC+5:30) Codes[show]Pin code• AP-517588Telephone• +91-8623Sricity or Sri City is a Planned Integrated Business City (Township) located 55 km North of Chennaion NH5 along the border of Andhra Pradesh(AP) andTamil Nadu(TN) States of India. Much of Sricity area is inChittoor District and a smaller area along the NH5 is inNelloreDistrict of AP, adjacent toTiruvallur District of TN. TheSatish Dhawan Space Centre(aka SHAR), India’s Satellite/Rocket launchingcentre is located atSriharikota, on the eastern side of thePulicat Lakewhich separates Sricity and the Satellite launching station.The Name Sricity is inspired by the titleSRIis derived fromSanskrit. Sri is the sacred sound of cosmic auspiciousness and abundance in Hindu religion. Written asSrior Shreeor  Sreeor Shri,it stands for abundance,auspiciousness,affluence,grace,wealth,light,luster , splendor ,beauty,lovelinessandauthority.
The symbol has been used sinceVedictimes. Holiness is attached to the word when written or spoken. It is also added before a name to show respect.Sri is mentioned largely in allrenowned temple towns in the region,Srikalahasti,Sriperumbudur andSriharikota. The famousTirumala - Tirupatithe abode of Lord Sri Venkateshwara (Srinivasa, Balaji) is alsolocated in same district.After the symbolAumandSwastika, Sri is the most popular symbol used in Hinduism. Sri is also the sacred of Lakshmi, the Hindu goddess of wealthand prosperity.
In 1947 when India got independence at Puerto Rico industrialist and government was busysetting up world first industrial park. Ireland and Taiwan followed Puerto Rico in sixties andin eighties China bring the SEZ to the global map with its largest SEZ at the metropolis of Shenzhen.India was one of the first in Asia to recognize the effectiveness of the Export Processing Zonemodel in promoting exports, with Asia’s first EPZ set up in Kandla in 1965. In 2000, after thirty-five years, Murlisone Maran, then Commerce Minister made a tour to the southern provinces of China and realized the importance of SEZ. On returning from the visit, heincorporated the SEZ into the Exim Policy of India and after five year, Special EconomicZones Act 2005 was introduced and in 2006 SEZ Rules was formulated.The main objectives of the SEZ Act include – generation of additional economic activity , promotion of exports of goods and services, promotion of investment from domestic andforeign sources, creation of employment opportunities, and development of infrastructurefacilities.

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