Amaravati: The 17th State Investment Promotion Board (SIPB) meeting chaired by Chief Minister N. Chandrababu Naidu on Wednesday approved investment proposals worth ₹2,01,023 crore, expected to generate 39,067 employment opportunities across Andhra Pradesh.
Addressing officials, the Chief Minister directed that every approved investment must be grounded as per schedule and completed within defined timelines, from approvals to production. He emphasized zero delays in granting permissions and called for building Andhra Pradesh as a strong brand known for fast and transparent clearances.
The CM also instructed that committed and efficient officials be placed in key approval roles to accelerate investment flow. Stressing inclusive growth, he highlighted the importance of MSMEs alongside large industries, stating they are crucial to achieving the “One Family – One Entrepreneur” vision.
Among the major projects approved are a ₹1,08,010 crore data centre by Reliance Industries in Visakhapatnam and a ₹51,300 crore solar power project with battery energy storage in Sri Sathya Sai district, also by Reliance. The board also cleared a ₹12,297 crore pumped storage hydro project by Adani Group in Kadapa and a ₹2,508 crore motorcycle manufacturing unit by Royal Enfield in Tirupati.
The meeting also discussed investments in agro-processing units across Anantapur and Annamayya districts, as well as projects involving companies like Apollo Tyres, ITC, and Chettinad Cement. Additionally, a DRDO-linked Quantum Valley project in Amaravati and multiple renewable energy and CBG plant initiatives were highlighted.
The Chief Minister underscored the need to expand gas pipeline infrastructure in industrial zones and promote value addition in crops such as oil palm, mango, coconut, and cocoa to benefit farmers.
With these initiatives, the state government aims to position Andhra Pradesh as a leading investment destination by ensuring ease of doing business, time-bound approvals, and robust infrastructure support.
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