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A.P. Forest Development Corporation Ltd., |
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A.P. Forest Development Corporation Ltd., |
The State of Andhra Pradesh which has a geographical area of 2,75,068 Sq. Kms is the 5th largest state in the country. Forests occupy 63,814 Sq. Kms with rich flora and fauna.
The National Commission on Agriculture (N.C.A.) has suggested setting up of Forest Development Corporations in every state which will be able to raise institutional finance for raising man-made forests so as to meet the domestic and industrial needs of forest produce and reclothe the degraded forest areas and bring them under productive use.
Pursuant to the recommendations of N.C.A., the Andhra Pradesh Forest Development Corporation Limited (APFDC) was established on 16th June, 1975.
To raise industrial plantations like Eucalyptus, Bamboo etc., to meet the raw material requirement of the wood based industries in the state.
Eco friendly and diversified Crop Management in degraded forest lands of state.
Contributing in protection of the environment and increased forest land productivity.
Providing gainful employment to the local tribals and rural people.
To provide consultancy in raising plantations of various species.
The objectives have been re-defined :-
Improving the quality and productivity of the degraded forests and plantations.
Adoption of Watershed Approach.
Adoption of latest gains in Bio-technology for improved productivity.
To provide gainful employment to the local people.
Capacity building.
|
Species |
Area in ha. | |
| 1 | Eucalyptus - Seed Origin | 15983.94 |
| Clonal | 40358.92 | |
| 2 | Bamboo | 12068.56 |
| 3 | Cashew | 9526.22 |
| 4 | Coffee | 4010.00 |
| 5 | Teak | 844.32 |
| 6 | Medicinal Plants | 524.80 |
| 7 | Casuarina, Pines and other Misc. species | 352.29 |
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Total: |
83669.05 | |
Thus, Andhra Pradesh Forest Development Corporation Ltd., (APFDC) is a fully AP Govt. owned Company registered under the Indian Companies Act. The Authorised Share Capital of APFDC is Rs.2500 lakhs. The Paid Up Share Capital is Rs.2181.87 lakhs. The Cumulative Profit as on 31.3.2011 is Rs.10,845.19 crores.
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