Indian Farmers Fertilizer Cooperative Limited (IFFCO) had proposed to develop a Special Economic Zone (SEZ) in Nellore district of Andhra Pradesh, known as IFFCO Kisan SEZ (IKSEZ). The project is wholly owned by subsidiaries of IFFCO and mainly focused on Agro based products; it offers various customs duty, income tax and sales tax concessions provided by the Government of India to promote economic activity. It is inspired by the concept of "Integrated Agropark", defined as "systems innovation of metropolitan agro production, processing and logistics." According to the IFFCO website the mission of the IKSEZ is “ to empower the Indian farmer by developing a “Farmer Owned – Farmer Managed” SEZ with state of the art infrastructure facilities catering primarily to the food processing industry and housing global manufacturing majors” . Many global as well as local Investors have showed their interest in the SEZ  For this project a total of 2,776 acres of land has been acquired and an Rs. 2,400 crore was proposed and an initial investment . The aim of this Kisan SEZ is to provide state-of-the-art infrastructure facilities to a wide range of industries but mainly to food processing and agri-based industries.