Vijayawada region was announced the Capital in formation for the State of Andhra Pradesh. The State Government too has made some great visionary announcement. All this has created a situation of confusion in the minds of the Investors, both Nation and International.
The land prices in Vijayawada have Sky Rocketed, since then, but Industrial Analysts find no logical justification for it Currently there is not proper Industrial Infrastructure in Vijayawada as compared to Hyderabad.
The Industrial observers are still not sure why Investors are flocking towards Vijayawada, while Hyderabad has a far greater edge over Vijayawada. Hyderabad has larger land bank, far better labour and skilled labour, availability of raw material, and of the Infrastructure is far superior. All these factor make Hyderabad an obvious destination for Investors.
The Industrial observers say that the bubble of hype in Vijayawada will soon burst. Of course the State Government has to make some strong policies to attract MNC there.