The State Investment Promotion Board (SIPB) of Andhra Pradesh has given the green light to investment proposals worth a staggering ₹39,473 crore. This includes notable investments from ITC, Laurus Labs, Lulu, and JSW Neo Energy. ITC is set to invest ₹328 crore, while Laurus Labs plans to invest a significant ₹5,630 crore. Lulu has earmarked ₹1,222 crore for investment, and JSW Neo Energy is all set to pump in ₹2,000 crore. These investments are expected to boost the economic growth of Andhra Pradesh significantly, creating job opportunities and fostering development across the state.