Overview
- The SIPB’s 11th meeting approved 30 proposals across IT, fuel, tourism, aerospace and food processing, with about 67,000 jobs expected.
- Raiden Infotech, a Google subsidiary, received approval to build what officials call India’s largest data centre in Visakhapatnam, spanning campuses at Tarluvada, Adavivaram and Rambilli.
- The ₹87,520 crore Raiden investment was described by Chief Minister N. Chandrababu Naidu as the country’s single-largest FDI to date.
- Officials said the new clearances take claimed investment inflows over the past 15 months to more than ₹6.70 lakh crore.
- Naidu outlined new economic regions and ordered a master plan to strengthen industrial connectivity, while directing that the Jindal Steel Plant be expedited for completion by 2028.