Overview

• The seventh State Investment Promotion Board meeting on June 19 green-lit 19 projects worth ₹28,546 crore, expected to generate 30,270 jobs across renewable energy, IT, manufacturing and hospitality sectors.
• Cumulative approvals from seven SIPB sessions now total ₹5,34,684 crore, potentially creating nearly 4.74 lakh employment opportunities throughout Andhra Pradesh.
• The Adani Group leads the new approvals with ₹18,910 crore invested in green and hydropower ventures spanning Kadapa and multiple districts.
• Chief Minister N. Chandrababu Naidu offered extra incentives for projects in backward regions and emphasised skill development alongside strict adherence to stipulated project timelines.
• Officials were ordered to launch an online portal mapping all industry projects and to set up MSME parks in every Assembly constituency under the ‘One Family – One Entrepreneur’ initiative.