Question

What are the factors that influenced the development of Visakhapatnam?

Answer 1

Answer:

Visakhapatnam is the largest city of Andhra Pradesh and also 9th richest city in India with a GDP of $43.5 billion.[1] Fishing industry, road–rail connectivity, many heavy industries like Hindustan Petroleum Corporation Ltd, Visakhapatnam Steel Plant, Hindustan Shipyard Limited, Visakhapatnam Port Trust, Bharat Heavy Electricals Ltd., BARC, Naval Science and Technological Laboratory, Naval Dockyard, Dredging Corporation of India, Strategic Petroleum Reserve, NMDC, CONCOR, Andhra Pradesh Medtech Zone Limited etc..

Private sector like Coromandel International, Ferro Alloys Corporation, Gangavaram Port, etc., are the factors that made the city into an industrial hub, from a small hamlet.[2] Tourism also plays an important role in generating revenue, with numerous tourist destinations in and around the city.[3] Blessed with a natural harbour and one of the largest ports of India, sea trade was made possible with other countries which also boosts the economy.[4] the service sector contributes for 55 per cent of total GDP of Visakhapatnam, while 35 per cent comes from the industrial sector and 10 per cent from agricultural and allied sectors.

Answer 2

Factors that influenced the development of Visakhapatnam

Explanation:

• With GDP of US dollars 43.5 billion, Visakhapatnam is the biggest and ninth richest Indian city.
• Sea trade was made possible with other nations, which also improved the economy, because Visakhapatnam is blessed with a natural port and is  one of the largest ports of India.
• The shipyard and ports resulted in the establishment of many large scale industries such as, RINL, GAIL, BHEL, HPCL, Coromandel Fertilizers, Reliance, Hindustan Zinc, among others
• Fishing is a main industry in Visakhapatnam, as fishing is a livelihood for many fishermen. The Visakhapatnam Port Trust fishing harbour, which also carries seafood like Tuna, is one of the biggest in the AP coastal corridors.
• Visakhapatnam is one of the most important tourist destinations and is known especially for its beaches. For revenue generation, tourism also plays an significant part.