AP Clears ₹2.13 Lakh Crore Mega Projects in Major Investment Push

Andhra Pradesh has taken a significant step toward accelerating industrial growth , with the State Investment Promotion Board (SIPB) approving 25 major projects worth ₹2.13 lakh crore . The decisions, taken at the board’s 17th meeting chaired by Chief Minister N. Chandrababu Naidu, are expected to create over 39,000 direct jobs across the state.

A major share of the investment comes from Reliance Industries, which plans a large data centre in Visakhapatnam and renewable energy projects, including solar power and battery storage systems, in Sri Sathya Sai district. These initiatives alone are set to generate substantial employment while strengthening the state’s IT and energy sectors.

The renewable energy segment continues to attract strong interest. The Adani Group will develop a hydro pumped storage project in Kadapa, while Yamanko India and Gridon Energy will set up green energy projects in Tirupati and Kurnool, respectively. These investments are expected to boost Andhra Pradesh’s push toward clean energy and energy security.

In manufacturing, Royal Enfield will establish a production unit in Tirupati, creating thousands of jobs. Apollo Tyres, along with other industrial players, will set up facilities in Nellore and Tirupati, reinforcing South Andhra Pradesh’s emergence as a manufacturing hub.

The Chief Minister emphasized timely execution, directing officials to fast-track approvals and ensure projects are grounded without delays. He stressed the need to position Andhra Pradesh as a preferred destination for global investors through efficient governance.

Alongside large industries, the government is focusing on MSMEs through the “One Family One Entrepreneur” initiative. Efforts are also being made to strengthen the food processing sector by linking key crops like mango, oil palm, and coconut to value-added industries, aiming to improve farmers’ incomes.

With a mix of large investments and grassroots enterprise, the state is aiming for sustainable growth .