Amaravati : In a big push to industrial growth and job creation, the Andhra Pradesh government has approved investments worth ₹1,21,659 crore. These investments, covering 10 major projects, are set to generate more than 80,104 jobs across various sectors in the state.
Major Investments at a Glance:
- Indosol Solar Pvt Ltd – ₹58,469 Cr, 13,050 jobs
- Satyavedu Reserve InfraCity (Sri City) – ₹25,000 Cr, 50,000 jobs
- AP NGEL Harith Amrit Ltd (Anantapur, Sri Satya Sai) – ₹22,000 Cr, 8,300 jobs
- Aastha Green Energy Ventures (Annamayya, Kadapa) – ₹8,240 Cr, 4,000 jobs
- Dalmia Cement (Kadapa) – ₹2,883 Cr, 354 jobs
- Premier Energies (Nayudupeta) – ₹1,742 Cr, 2,000 jobs
- Lulu Global International (Visakhapatnam) – ₹1,500 Cr
- Balaji Action Buildwell Pvt Ltd – ₹1,175 Cr, 1,500 jobs
- Mayfair Beach Resorts & Convention – ₹400 Cr, 750 jobs
Boosting MSMEs and Innovation
To further support business growth, the state government is rolling out MSME Parks in all 175 constituencies, starting with one park per district in all 26 districts. These parks will help small and medium enterprises thrive, creating new opportunities for local businesses.
Additionally, in an exciting move to encourage entrepreneurship, the government is setting up five Ratan Tata Innovation Hubs within a month. These hubs will act as incubators for fresh ideas, startups, and new business ventures, helping to generate more jobs and drive economic progress.
With these strategic investments and initiatives, Andhra Pradesh is paving the way for industrial expansion, job creation, and long-term growth. The government’s proactive approach is expected to attract more investors and strengthen the state’s position as a key economic hub in India.
