Palasa–Kasibugga is a town in Srikakulam district of the Indian state of Andhra Pradesh. It is a municipality and the mandal headquarters of Palasa mandal. It has an area of 32.75 km2 (12.64 sq mi) and a population of 57,507. It is located on the National Highway 5 between Srikakulam and Berhampur. The city is nicknamed as White Gold City because of cashew processing industries.
There are around 350 Cashew processing industries around Palasa town, the highest amongst the northern coastal districts. These twin towns are the largest cashew producing towns of Andhra Pradesh and are among the largest processing centres in India. The cashew industry provides direct and indirect employment to about 15,000 people in the surrounding areas. Palasa-Kasibugga Municipality is called as White Gold City because in Palasa Kasibugga Cashew processing industries are one of the promising sector producing valuable commodity exported to Gulf, European and Western countries.
The railway station is common for both the towns. Even though the station is named "Palasa" it is located in Kasibugga. This station is one of the railway stations with highest revenue in the Khurda division of East Coast Railway zone. Palasa has a good transport facility from all major cities.
Palasa also has 3 beaches, Ratty, Akkupally & Thoturu (Hanuman Saagar Beach) beach which are nearly 7 km from Palasa railway station.
Palasa is an assembly constituency in Andhra Pradesh Legislative Assembly. Palasa, Mandasa and Vajrapu Kotturu mandals comes under this jurisdiction.