Overview
- The Cabinet approved investment proposals totaling about ₹1 lakh crore, alongside major land allotments, a Quantum Computing Policy, and a planned MoU with Singapore tied to the Nov. 14–15 Partnership Summit in Visakhapatnam.
- Infrastructure and industrial decisions include a 1,000-acre renewable energy manufacturing zone in Bapatla, a 50-acre Drone Industries Park at Orvakal, land for Birla’s fiber cement plant in Nellore, 100 acres for Sigachi at Orvakal, and 150 acres for Dozco in Anakapalli.
- Financing measures cover Amaravati works with NaBFID support, enhanced guarantees for power and procurement operations, and the appointment of TCS to build and run the state’s Real Time Governance Data Lake.
- Ahead of the Summit, the Chief Minister virtually laid foundations for seven industries in Kuppam worth ₹2,203 crore with an estimated 22,330 direct jobs, and will today launch MSME parks and facilities in Chittoor costing ₹56.76 crore.
- In Kurnool today, foundations are scheduled for projects including Reliance Consumer Products (₹1,622 crore plus a separate ₹768 crore unit), Sigachi (₹285 crore), a ₹400 crore flying training facility at Orvakal airport, and three MSME parks, while officials expect 410 MoUs exceeding $100 billion at the Summit and have publicized a reported $15 billion Google AI/data-centre plan.