Page 3 - Andhra Pradesh

Andhra Pradesh sees ₹13.25 trillion investments during CII summit

Chief minister Nara Chandrababu Naidu said that his vision is to lead the economy towards $2.4 trillion by 2047

GSL picks AP's Machilipatnam for warship-building, defence manufacturing

The MoU between APMB and GSL positions Machilipatnam to emerge as a key pillar in India's shipbuilding ecosystem

Anant Raj to invest Rs 4,500 crore in Andhra Pradesh for data centres

Realty developer Anant Raj has signed an MoU with the Andhra Pradesh government to invest Rs 4,500 crore in a data and cloud services centre, a move expected to create nearly 16,000 jobs

Bihar's victory an endorsement of PM Modi's development agenda: CM Naidu

"The Bihar election results gave a message that right governance is right politics; the continuation of government with consistent policies is the reason for the victory," the Andhra CM said

Andhra allots 6,000 acres of land to expand Sri City as global hub

Andhra Pradesh Chief Minister N Chandrababu Naidu said companies of 50 countries are going to function from Sri City, providing employment opportunities to 150,000 youth

Google to lift India's data hub plan above $15 billion, says Naidu

He added that Andhra Pradesh has commitments to build 5.5 GW of data centers from companies including Reliance Industries Ltd

Realty firm Anant Raj to invest ₹4,500 cr in AP for data centre facilities

Realty company Anant Raj Ltd will invest Rs 4,500 crore in Andhra Pradesh to set up data centres as part of its expansion plan. In a regulatory filing on Saturday, the company said that its subsidiary Anant Raj Cloud Pvt Ltd (ARCPL) has entered into an MoU with Andhra Pradesh Economic Development Board for building new data centre facilities along with IT Park in Andhra Pradesh and to make investment for development of data centre and cloud services. The MoU intends to support the establishment of a data centre-IT park in the state in a time-bound manner. "ARCPL will make a direct investment of approximately Rs 4,500 crore, to be executed in two phases," Anant Raj said. The agreement provides for ARCPL's phased investment of about Rs 4,500 crore for the development of a data centre-IT park. The investment is expected to create around 8,500 direct and 7,500 indirect jobs. The Andhra Pradesh Economic Development Board (APEDB)will facilitate necessary support for the implementation

Hindustan Zinc gets licence to explore, mine tungsten block in Andhra

Hindustan Zinc Ltd (HZL) on Saturday said it has received the licence to explore and mine a tungsten block in Andhra Pradesh by the state government. This marks an important milestone for the Vedanta Group company as it looks to expand beyond zinc, lead, and silver into critical and high-value minerals essential for advanced manufacturing. "Hindustan Zinc Ltd has been officially announced as the successful bidder for a tungsten and associated mineral block in Andhra Pradesh, following the receipt of the formal composite licence from the state government," the company said in a statement. A composite licence in mining is a single, two-stage concession that grants both the right to explore for minerals and the right to mine them if the exploration is successful. Earlier this year, the company had been declared the preferred bidder through a competitive auction process conducted by the Centre. "This milestone marks another step forward in Hindustan Zinc's journey of expanding its min

Andhra CM Naidu inaugurates 5 units in Sri City, approves 12 more projects

Andhra Pradesh Chief Minister N Chandrababu Naidu on Saturday virtually inaugurated five industrial units in Sri City, and witnessed the signing of agreements for 12 more projects worth over Rs 2,300 crore at the 30th CII Partnership Summit here. The upcoming projects spanning the sectors of engineering, food processing and pharmaceuticals are expected to generate 12,365 jobs. Chief Minister Chandrababu Naidu virtually inaugurated five units in Sri City and agreements were signed for 12 more projects with an investment of Rs 2,320 crore, said an official press release. Addressing the ceremony, the Chief Minister said Sri City is the best industrial township in the country, where Daikin, Isuzu, Cadbury and other companies make and supply their products to the world. Industries from various countries should come to Sri City. We have approved investments worth Rs 8.8 lakh crore for healthcare, engineering, electronics, automobile and medical device companies from Belgium, Japan, UK, .

RIL to build 1 GW AI data centre in Andhra, deepen investment footprint

This facility will operate as a twin to the company's gigawatt-scale AI data centre in Jamnagar, creating one of Asia's most powerful AI infrastructure networks

AM Green to invest ₹10K cr in Andhra Pradesh for sustainable aviation fuel

MoUs target large-scale green fuels, including 180 KTPA sustainable aviation fuel

Andhra inks ₹27,909 crore electronics MoUs on day one of CII summit

Minister Nara Lokesh held high-level meetings to push investments, renewable energy plans and coastal research collaborations

Andhra to seek $1 trn investments over a decade, committed to deep tech: CM

State's innovation efforts include plans to launch India's first drone taxis in two years, says Chandrababu Naidu

Adani Group to invest ₹1 trn in Andhra over next decade: Karan Adani

Adani Group will invest Rs 1 lakh crore over the next decade in Andhra Pradesh, Karan Adani said on Friday. Speaking at Andhra Pradesh Investor Summit, he said the investment will span across ports, cement, data centres, energy and advanced manufacturing. This is over and above the Rs 40,000 crore already invested. Adani, eldest son of billionaire Gautam Adani, unveiled the Group's USD 15-billion Vizag Tech Park vision, which includes building one of the world's largest green-powered hyperscale data-centre ecosystems in partnership with Google. He said existing Adani operations in Andhra Pradesh have already created over one lakh direct and indirect jobs, with more large-scale employment generation planned through upcoming projects.

Andhra eyeing investments worth ₹40 trn by 2029: N Chandrababu Naidu

Naidu outlines a tech-driven roadmap for the state - from AI data centers and quantum computing to green hydrogen and MSME-led industrial growth

Hero Future Energies inks ₹30K cr MoU with Andhra for 4 GW renewables

Hero Future Energies will invest ₹30,000 crore to develop 4 GW of renewable capacity in Andhra Pradesh, with state support for clearances and phased project execution across three districts

ReNew to invest Rs 60,000 cr in Andhra in multiple green energy projects

Company's plans include green ammonia, hybrid renewable facilities

ReNew to invest ₹82,000 cr in entire renewable energy spectrum in Andhra

Andhra Pradesh IT Minister Nara Lokesh on Thursday said decarbonisation solutions company ReNew will invest Rs 82,000 crore spanning the entire spectrum of renewable energy value chain. The IT Minister noted that ReNew will invest in high technology areas such as solar ingot and water manufacturing, including project development, green hydrogen and molecules. "In an investment spanning Rs 82,000 crores, Renew will be investing in the high technology areas of solar ingot, wafer manufacturing, down to project development and onwards to green hydrogen and molecules," said Lokesh in a post on 'X'. "After five years out of Andhra Pradesh, it is my proud privilege to announce that Renew is placing an all-in investment on the entire renewable energy value chain," he said. On May 16, Lokesh laid the foundation for a Rs 22,000 crore ReNew renewable energy project in Anantapur district. It encompassed a 4.8 GWp hybrid farm with BESS (battery energy storage system) at Bethapalli village in Go

Andhra Pradesh targets $1 trillion investment boost, says Nara Lokesh

Andhra Pradesh has drawn $120 billion in investments in four months and plans to attract over $1 trillion more in energy, steel, and IT sectors with new incentives and infrastructure support

Syrma SGS to begin PCB trial production at Andhra plant by Dec 2026: MD

The EMS firm expects commercial production from its Andhra Pradesh plant by March 2027, with an investment of Rs 1,595 crore and plans to create over 2,000 skilled jobs, says MD J S Gujral