Vadarevu and Nizampatnam Industrial Corridor (VANPIC) is an upcoming industrial park located between Guntur district and Prakasam district in Andhra Pradesh, India.
In April 2011, the property consultant, Jones Lang LaSalle estimated the 13,000 acres at ₹1,426 crores.
[4][5] Another company, VANPIC projects was started by industrialist, Nimmagadda Prasad and Ras Al Khaimah (RAK group), and the company was allotted 24,000 acres by the government.
The charge sheet relates to the VANPIC project: The "suitcase company" methodology was succinctly described by Supreme Court of India Chief justice P.
: On July 28, 2022, Vanpic case: HC strikes down CBI charge sheet.