Andhra Pradesh Industrial Infrastructure Corporation Limited (APIIC) was incorporated on 26th September, 1973 with Authorised Capital of Rs.20.00 crores and paid up capital of Rs.16.33 crores. APIIC is a wholly owned Undertaking of Government of Andhra Pradesh. It has so far acquired 32,932 acres of land spread over 270 Industrial Areas, Autonagars, Commercial Complexes, Housing Complexes etc. The Corporation has also constructed 3500 industrial sheds, 4800 dormitory units, 466 commercial shops.

The Corporation has presence in each and every Mandal Head Quarters of the District. The Industrial Areas ranges from 15 acres to 2500 acres. A large number of leading industrial houses have their presence in these Industrial Areas. Some of them are BPL Engg., Kirby Building Products, Asian Paints, GVK, ITW Signode, Aurobindo Pharma, Widia India, Raasi Refractories, Lanco Kondapally Power Corporation, BSES Andhra Power etc.

The Industrial Areas are equipped with approved layouts, internal roads, water supply and power supply. The Corporation has also encouraged setting up Common Effluent Treatment Plants at Jeedimetla and Patancheru and also Total Solid Disposal Facility near Jeedimetla.