PM Modi Launches ₹2 Lakh Crore Projects in Andhra Pradesh, Including India's First Green Hydrogen Hub
The initiatives aim to transform Andhra Pradesh into a hub for green energy, advanced manufacturing, and industrial development, supporting its vision of a $2.5 trillion economy by 2047.
- Prime Minister Narendra Modi inaugurated projects worth ₹2 lakh crore in Visakhapatnam, including India's first Green Hydrogen Hub under the National Green Hydrogen Mission.
- The Green Hydrogen Hub, with an investment of ₹1.85 lakh crore, will focus on producing green hydrogen and derivatives like green methanol and sustainable aviation fuel for export markets.
- Additional projects include the Krishnapatnam Industrial Area, part of the Chennai-Bengaluru Industrial Corridor, and a Bulk Drug Park in Nakkapalli, both expected to generate significant employment and boost industrial growth.
- Modi also laid the foundation for the South Coast Railway Zone, addressing long-standing regional demands and enhancing connectivity, trade, and tourism in Andhra Pradesh.
- The initiatives align with Andhra Pradesh's 'Swarna Andhra@2047' vision to become a $2.5 trillion economy, with the central government committing to support the state's development goals.