Vizag is the economic hub of the new Andhra Pradesh state. It has many public sector undertakings, like the Visakhapatnam Steel Plant, Hindustan Shipyard, Naval Dockyard, BHPV, Visakhapatnam Port Trust, etc. Vizag also has a diverse set of private industries, from shipping companies, a growing number of logistics companies, a thriving hospitality industry, and the Jawaharlal Nehru Pharma City,
All these belong to industry bodies, some of which are local to Vizag. For example, for the IT industry, there is
Information Technology Association of Andhra Pradesh (ITaAP).
CII has an office in Vizag.
An Andhra Pradesh Chamber of Commerce and Industry Federation.
There is also the Vizagapatam Chamber of Commerce and Industry.
There is a CREDAI chapter in Visakhapatnam and Builders Association of India has it’s office in Vizag.
There are two air travel associations, the Visakhapatnam Air Travelers Association and the Air Travelers Association of India.
