Andhra Pradesh Greenlights ₹33,720 Crore Investment Bonanza

The Andhra Pradesh State Investment Promotion Board (SIPB), chaired by Chief Minister N. Chandrababu Naidu, has approved 19 new industrial projects with a total investment of ₹33,720 crore. These projects are expected to create employment opportunities for 34,621 people across key sectors such as energy, tourism, information technology, and electronics.

The clearances were granted during the 6th SIPB meeting held in Amaravati, marking a strong step toward accelerating industrial development in the state.

Key approved projects include:

Deccan Fine Chemicals (India) Pvt Ltd – ₹1,560 crore in Kumaravaram, Anakapalli

Bharat Electronics Ltd – ₹1,400 crore in Palasamudram, Sri Sathya Sai

PUR Energy Pvt Ltd – ₹1,286 crore in Orvakal, Kurnool

Blue Jet Healthcare Ltd – ₹2,300 crore in Rambilli, Anakapalli

Jupiter Renewables Pvt Ltd – ₹2,700 crore in Rambilli, Anakapalli

ATC Tyres AP Pvt Ltd – ₹1,779 crore in Achyutapuram, Anakapalli

Wingtech Mobile Communications (India) Pvt Ltd – ₹1,061 crore in Tirupati

Deshraj Solar Energy Pvt Ltd – ₹2,920 crore in Anantapur & Sri Sathya Sai

Amplus Energy Solutions Pvt Ltd – ₹3,941 crore in Kadapa

Bondada Engineering Ltd – ₹9,000 crore in Anantapur & Sri Sathya Sai

These investments reflect a robust commitment to boosting Andhra Pradesh’s industrial landscape and enhancing job creation in the state.

News by Rahul Yelligetti.