October 9, 2025

Andhra Pradesh is ringing the investment bells loud and clear! In the 11th State Investment Promotion Board (SIPB) meeting led by Chief Minister N Chandrababu Naidu, a whopping 30 investments worth Rs 1.14 lakh crore got the green light. These deals aren't just numbers; they span exciting sectors like IT, fuel, tourism, aerospace, and food processing, promising about 67,000 new jobs! The shining star among these is Raiden Infotech India Ltd, a Google subsidiary, investing a jaw-dropping Rs 87,520 crore — the largest ever Foreign Direct Investment (FDI) in India! Get ready, Visakhapatnam, because you’re about to host India's biggest data centre. This mega project will spread across three campuses in Tarluvada, Adavivaram, and Rambilli. Chief Minister Naidu proudly shared, "The project would lay the foundation for a strong technology ecosystem and accelerate technological development in the region." IT Minister Nara Lokesh joined the excitement, saying this data centre will crown Visakhapatnam as the "Data Valley," aiming to create jobs for five lakh people. Wow! But there’s more. CM Naidu announced plans for creating special economic corridors to boost industrial growth in regions like Rayalaseema. He also expanded the Visakhapatnam Economic Region to include Srikakulam and East Godavari districts. The Amaravati Economic Region now covers West Godavari and Prakasam districts, while a third economic zone will stretch over Nellore and Rayalaseema districts. To power this rapid industrial growth, the government will prepare a master plan to improve infrastructure and connectivity. Naidu pushed for fast action on the Jindal Steel Plant, expecting completion by 2028. And to keep things on track, special officers will be assigned to huge projects, ensuring smooth progress from start to finish. Over 11 SIPB meetings, Andhra Pradesh has approved investments worth more than Rs 7 lakh crore, with the promise of creating over 6.2 lakh jobs. In short, Andhra Pradesh is turning into a buzzing hub of technology and industry, with top-notch investments and massive job opportunities blazing the trail!

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Tags: Andhra pradesh, Investment, Data centre, Raiden infotech, Jobs, Fdi,