Overview
- The Andhra Pradesh cabinet ratified investment proposals exceeding ₹80,000 crore, with projected employment for more than 150,000 people.
- The State Investment Promotion Board approved four projects worth ₹20,216 crore, including major data centre and IT park developments expected to create around 50,600 jobs.
- A memorandum of understanding with Investopia secured commitments from UAE Economy Minister Abdulla Bin Touq Al Marri to foster partnerships in seaports, agriculture, digital technology, and renewable energy.
- Fifteen sector-specific policies were introduced to offer incentives, streamline approvals, and accelerate the state’s business climate.
- Plans were affirmed for a Quantum Valley launch by January 2026 in collaboration with IBM, TCS, L&T to position Andhra Pradesh as a high-tech hub.