Overview
- Andhra Pradesh’s State Investment Promotion Board, the state’s investment clearance panel, met Wednesday and approved Rs 2.01 lakh crore across 25 projects with an estimate of 39,067 jobs.
- The largest approvals went to Reliance for a Rs 1,08,010 crore data centre in Visakhapatnam, a Rs 51,300 crore solar project with battery storage in Sri Sathya Sai, and Adani’s Rs 12,297 crore pumped hydro project in Kadapa.
- Further clearances covered Royal Enfield’s Rs 2,508 crore motorcycle plant in Tirupati, a Rs 9,398 crore green hydrogen unit by Yamanko in Tirupati, and a DRDO-linked Quantum Valley initiative in Amaravati.
- Naidu directed zero-delay permits with fixed timelines from sanction to production and pushed MSME support, gas pipelines in industrial clusters, and crop value-addition so local firms and farmers benefit.
- The next day, a state minister said SIPB approvals now total Rs 11 lakh crore, placing Wednesday’s package within a larger pipeline of projects under way.