Andhra Pradesh Cabinet Approves Investments Exceeding Rs 1.4 Lakh Crore Across Various Sectors

Andhra Pradesh Cabinet Approves Over Rs 1.4 Lakh Crore Investment Proposals

The Andhra Pradesh cabinet, led by Chief Minister N Chandrababu Naidu, has approved investment proposals worth over Rs 1.4 lakh crore across various industries, including Reliance Industries' AI data centre project in Visakhapatnam.

According to State Information and Public Relations Minister K Parthasarathi, the cabinet cleared multiple industrial, energy, IT, food processing, and infrastructure proposals worth Rs 1.42 lakh crore aimed at boosting investments, employment generation, and industrial growth across Andhra Pradesh.

Key Highlights

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

The cabinet approved allotment of nearly 855 acres to Reliance Industries Limited for establishing a giga-scale AI data centre linked with a cable landing station in Visakhapatnam district. The project, coming up at Polipalli, Bhogapuram East, and Bhogapuram West villages, involves an investment of over Rs 1.08 lakh crore and is expected to generate around 1,000 direct jobs besides large-scale indirect employment in construction, manufacturing, and IT services sectors.

The minister said that Apollo Tyres Limited received approval for Phase-IV expansion of its tyre manufacturing facility at Varadaiahpalem in Chittoor district with an investment of Rs 6,100 crore, generating employment for around 1,000 people.

Other major approvals include:

Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline

• Royal Enfield, through Eicher Motors Limited, received approval for establishment of a greenfield motorcycle manufacturing facility in Tirupati district with an investment of Rs 2,508 crore and employment potential for 3,000 people.
• International Food and Fragrance India Private Limited secured approval for setting up a greenfield enzyme manufacturing facility at Indian Farmers Fertiliser Cooperative Limited (IFFCO) Kisan SEZ in Nellore district with an investment of over Rs 3,150 crore and employment generation for 172 people.
• Gridon Energy Private Limited received approval for establishing a 3 gigawatt (GW) solar cell and module manufacturing facility involving an investment of Rs 3,149.5 crore and employment for 320 people.
• Chettinad Cement Corporation Private Limited received approval for expansion of its integrated cement plant, including waste heat-based power generation facility in Palnadu district with an investment of Rs 1,340 crore and employment potential for 360 people.
• Carrier Airconditioning and Refrigeration Limited was granted approval for establishing an advanced air-conditioning and refrigeration manufacturing facility at Sri City in Tirupati district with an investment of Rs 863 crore and employment generation for 721 people.
• Sneha Farms Private Limited received approval for establishment of four broiler breeder farms and one hatchery in Anantapur and Annamayya districts with an investment of Rs 277.94 crore and employment for 435 people.

The cabinet also approved several clean energy projects, including Reliance Industries Limited's proposal to establish a massive 6,600 megawatt (MW) Alternating Current (AC) / 9,000 megawatt peak (MWp) Direct Current (DC) solar power project with a 29,000 Megawatt-hour (MWh) Battery Energy Storage System (BESS) in Sri Sathya Sai district under the AP Integrated Clean Energy Policy-2024.

Additionally, the cabinet approved Adani Hydro Energy Eleven Limited's 2,250 MW Gandikota-2 pumped storage project in YSR Kadapa district under clean energy policy provisions. Approvals were also granted for solar, green hydrogen, and green ammonia projects in Nandyal, Anantapur, and Tirupati districts, involving multiple private companies.

Other notable approvals include:

• Establishment of a special R&D facility by Naval Science and Technological Laboratory (NSTL) at Amaravati Quantum Valley under the AP Quantum Computing Policy 2025-30 for naval applications and hybrid quantum-classical computing research.
• Draft Request for Proposal (RFP) for selecting a concessionaire under Public-Private Partnership (PPP) mode for the operation, management, and development of Uyyalawada Narasimha Reddy Airport in Kurnool district.
• Creation of Andhra Pradesh SME Exchange (APSMEX) to improve access to equity and alternate financial resources for MSMEs.
• Allocation of government land for industrial parks, waste-to-energy projects, and hydrological research facilities.
• Amendments to industrial agreements involving Skyroot Aerospace and Ethereal Exploration Guild.
• Sanction of Rs 790.3 crore for Madakasira branch canal expansion works.
• Implementation of 6,502 canal strengthening and improvement works during 2026-27 with an outlay of over Rs 397.5 crore to improve water management across irrigation systems in the state.