Overview
- The State Investment Promotion Board approved ₹1,01,899 crore in proposals from 26 industries, with a potential 85,870 jobs.
- Officials said total approvals under the current government now stand at ₹8,08,899 crore with about 7.05 lakh potential jobs.
- Chief Minister N. Chandrababu Naidu directed on‑schedule grounding of sanctioned units, creation of a state industrial land bank, development of 15 industrial zones, and full use of central incentives.
- Naidu said three IAS officers will be appointed to oversee development of the state's three economic corridors.
- Visakhapatnam is being readied for expansion and IT inflows following Google’s AI data centre announcement, as the state prepares to lay select foundation stones before the CII Partnership Summit on November 14–15.