Andhra: SIPB clears Rs 85,083 crore investment proposals
1 month ago

Andhra: SIPB clears Rs 85,083 crore investment proposals

New Indian Express  

Compete with other States to attract investments, CM exhorts officials Similarly, Astha Green Energy Ventures India Pvt Ltd will invest Rs 8,240 crore and provide employment to 4,000 people, Greenko APo1 IREP Infra Pvt Ltd will invest Rs 2,000 crore and provide 1,725 jobs. He advised the officials to adopt the land pooling system while acquiring land for ArcelorMittal steel plant, and adopt three types of land acquisition, while allotting lands to the companies. Naidu fully supported the opinion of Deputy Chief Minister Pawan Kalyan that investments are important but at the same time the future of those who are coming forward to donate their lands is equally important. Chairman of Sub-Committee on Providing 20 lakh Employment N Lokesh, Ministers Keshav, Atchannaidu, Narayana, Bharath, Durgesh, Subhash, Ravi Kumar, Satya Prasad and Janardan Reddy, CS Neerabh Kumar Prasad and other senior officials were present.

Investment Land State Officials Naidu Invest Rs  proposals  andhra  officials  provide  crore  investments  forward  employment  sipb  investment  invest  rs  land  lands  clears  85083

History of this topic

₹2k cr being invested in Narmadapuram to make it renewable energy hub: MP CM
2 weeks, 1 day ago

₹2k cr being invested in Narmadapuram to make it renewable energy hub: MP CM

Live Mint  

Narmadapuram, Dec 7 Madhya Pradesh Chief Minister Mohan Yadav on Saturday said ₹2000 crore is being invested in the state's Narmadapuram region for developing it into a hub of renewable energy. Yadav distributed land allotment letters to Green Energy Private Limited, Lands Mill Green Industry Private Limited, Lands Mill Green Industry Private Limited, Lands Mill Renewables Private Limited and Insolation …

‘We got funds, plans, we’ll have world-class capital in next three years’
4 weeks ago

‘We got funds, plans, we’ll have world-class capital in next three years’

New Indian Express  

NRI-turned-politician Dr Pemmasani Chandrasekhar made it to the Union Cabinet after his successful political debut in the 2024 elections as the TDP MP from Guntur. A native of Guntur district, Dr Pemmasani is a doctor and entrepreneur who gained national attention by becoming the richest minister in the Union Cabinet. In an interview with Bandhavi Annam, Union Minister of State …

UP govt working on bulk land allotment policy
1 month ago

UP govt working on bulk land allotment policy

Hindustan Times  

LUCKNOW The UP government is working on a new bulk land allotment policy, in line with chief minister Yogi Adityanath’s vision, which will offer special facilities, including land parcel selection and streamlined land allotment processes. To accelerate the progress of large investment projects in the state, the initiative aims at easing the way for top-ranked companies from Fortune Global-500, Uttar …

Andhra cabinet approves ₹85K-cr investments in industry sector
1 month ago

Andhra cabinet approves ₹85K-cr investments in industry sector

Hindustan Times  

The Andhra Pradesh cabinet chaired by chief minister N Chandrababu Naidu on Wednesday approved the decision taken at the state investment promotion board to generate industrial investments to the extent of ₹85,083 crore generating 33,966 new jobs, people familiar with the matter said. Andhra cabinet approves ₹ 85K-cr investments in industry sector The first meeting of the SIPB was held …

SIPB approves Rs 85,083 crore investment to create 33,966 jobs in Andhra Pradesh
1 month ago

SIPB approves Rs 85,083 crore investment to create 33,966 jobs in Andhra Pradesh

India Today  

The State Investment Promotion Board of Andhra Pradesh, during its inaugural meeting chaired by Chief Minister N Chandrababu Naidu, approved a massive investment of Rs 85,083 crore. Other notable projects include LG Electronics India Pvt Limited's investment of Rs 5,001 crore, which will provide 1,495 jobs, and Kalyani Strategies System Limited's Rs 1,430 crore investment, which will generate 565 jobs. …

AP's Ambitious Investment Plan: A Roadmap to Prosperity
1 month, 2 weeks ago

AP's Ambitious Investment Plan: A Roadmap to Prosperity

The Hindu  

Andhra Pradesh government sets ambitious target for investments, with a focus on speed and decarbonisation. The state aims to attract ₹30 lakh crore in investments, with ₹5 lakh crore to be operationalised under the Industrial Development Policy-4.0 (2024-2029). The government is offering incentives such as subsidies and special incentives for large and mega industries, with a focus on sectors such …

Andhra Pradesh: A Rising Star in Infrastructure and Investment
1 month, 2 weeks ago

Andhra Pradesh: A Rising Star in Infrastructure and Investment

The Hindu  

Union Minister Pemmasani Chandra Sekhar has announced a significant investment package for Andhra Pradesh, with a focus on infrastructure, industrial development, and healthcare. The State has been chosen as a preferred destination for investors due to its strategic location, infrastructure, and proactive approach to development.

Lokesh invites investors to make AP 1-trillion economy with 20 lakh new jobs
3 months ago

Lokesh invites investors to make AP 1-trillion economy with 20 lakh new jobs

Deccan Chronicle  

Vijayawada: Education, IT and electronics minister Nara Lokesh on Saturday invited investors into AP, so that the fastest-growing Andhra Pradesh could become a one-trillion economy within the next five years. “This will enable us to fulfil our goal of creating 20 lakh jobs in the state, as promised by the Telugu Desam-led NDA alliance government in its election manifesto,” Lokesh …

Chandrababu Naidu outlines Andhra Pradesh’s energy goals at investors’ conclave in Gujarat
3 months, 1 week ago

Chandrababu Naidu outlines Andhra Pradesh’s energy goals at investors’ conclave in Gujarat

The Hindu  

Andhra Pradesh Chief Minister N. Chandrababu Naidu, addressing the 4th Global Renewable Energy Investors Meet & Expo at Gandhinagar on Monday, said his government has lined up a slew of incentives for the entire spectrum of Renewable Energy companies under the A.P. Outlining salient features of the ICEP, Mr. Naidu said the State government’s target is to generate 78.50 Gigawatts …

‘Telangana CM Revanth Reddy secures ₹81,564 crore in investments during his international tours’
4 months, 1 week ago

‘Telangana CM Revanth Reddy secures ₹81,564 crore in investments during his international tours’

The Hindu  

Telangana Chief Minister A. Revanth Reddy has secured a total of ₹81,564 crores in investments through his recent international tours in the past eight months, according to official sources. During his latest 10-day visit to the United States and South Korea, accompanied by Minister for IT and Industries D. Sridhar Babu, CM Revanth Reddy secured ₹31,532 crores in investments, which …

Formulate new policies for five sectors within 100 days, Andhra CM Naidu tells officials
4 months, 3 weeks ago

Formulate new policies for five sectors within 100 days, Andhra CM Naidu tells officials

New Indian Express  

VIJAYAWADA: Chief Minister N Chandrababu Naidu on Wednesday directed officials to roll out new policies in five sectors - Industries, MSMEs, Food Processing, Textiles, and Electronics, IT and Cloud - in the next 100 days. Instructing officials to create a favourable atmosphere for attracting investments through better policies, Naidu said the new policies should focus on turning the state into …

Andhra Pradesh to roll out five policies to give a fillip to industrial growth
4 months, 3 weeks ago

Andhra Pradesh to roll out five policies to give a fillip to industrial growth

The Hindu  

With a view to attracting investors and giving a fillip to the State’s economy, Andhra Pradesh Chief Minister N. Chandrababu Naidu has asked officials to prepare new policies for five sectors — Industrial, MSME, Food Processing, Electronics, IT and Cloud, and Textile. As the government plans to turn Andhra Pradesh into a green hydrogen and green energy hub, the policies …

AP to Get Rs.80,000 Crore Central Funds for Various Projects, Says Union Minister Chandrasekhar
4 months, 3 weeks ago

AP to Get Rs.80,000 Crore Central Funds for Various Projects, Says Union Minister Chandrasekhar

Deccan Chronicle  

Vijayawada: Central funds of around Rs.80,000 crore are coming to Andhra Pradesh in the form of various projects and more funds will be channelled to the state through central schemes. Addressing the media in Guntur on Sunday, Union minister of state for rural development, Pemmasani Chandrasekhar, said,”No one had expected that the Centre would give as high as Rs.15,000 crore …

SIPB clears proposals worth ₹22,302 cr. for setting up of energy units in A.P.
10 months, 3 weeks ago

SIPB clears proposals worth ₹22,302 cr. for setting up of energy units in A.P.

The Hindu  

Andhra Pradesh State Investment Promotion Board cleared investment proposals worth ₹22,302 crore for establishing energy industries that would provide 5,300 jobs. Jagan Mohan Reddy on Tuesday, cleared the proposal of JSW Neo Energy Ltd to establish four solar power projects across the State to produce 3,350 MW of power with an investment of ₹12,065 crore. Ltd. will establish a 1,000 …

T.N. receives investment proposals worth ₹6.64 lakh crore during investors’ meet
11 months, 2 weeks ago

T.N. receives investment proposals worth ₹6.64 lakh crore during investors’ meet

The Hindu  

Tamil Nadu attracted an impressive investment commitment to the tune of over ₹6.64 lakh crore through 631 Memoranda of Understanding that would generate nearly 27 lakh jobs across sectors at the conclusion of the first Global Investors Meet conducted by the DMK government at Chennai Trade Centre on January 8. “With this GIM, this government that espouses the ‘Dravidian model’ …

AP Attracts Rs 9.57L Crore Investments in Energy Sector in 2023
11 months, 3 weeks ago

AP Attracts Rs 9.57L Crore Investments in Energy Sector in 2023

Deccan Chronicle  

Vijayawada: Developmental Progress of Andhra Pradesh Power Sector touched peak in 2023 as state has attracted investments in energy sector worth Rs 9.57 lakh crore during the AP Global Investor Summit 2023 held in Visakhapatnam and among the MoUs signed, investment proposals worth Rs 52,015 crore were already grounded. He explained that in investments in the green energy sector, AP …

Karnataka will attract investment of ₹1.4 lakh crore annually: M.B. Patil
1 year ago

Karnataka will attract investment of ₹1.4 lakh crore annually: M.B. Patil

The Hindu  

Karnataka has a mandate to capture investments to the tune of ₹1.4 lakh crore annually to boost the State’s economy, said Minister of Large and Medium Industries M.B. The State was aiming to position itself as a best-in-class investment destination in Asia for future technology and advanced manufacturing, and to achieve this, the government has initiated several strategic initiatives that …

Andhra Pradesh Cabinet clears new land allotment policy for industries
1 year, 1 month ago

Andhra Pradesh Cabinet clears new land allotment policy for industries

The Hindu  

November 03, 2023 08:28 pm | Updated 08:30 pm IST - VIJAYAWADA The Andhra Pradesh State Cabinet has given its nod for the new land allotment policy for industries. The Cabinet also ratified the Andhra Pradesh State Investment Promotion Board’s approval of investments worth ₹19,037 crore, which would provide employment opportunities to 69,565 people. Hydrogen Green Hub The Andhra Pradesh …

Investment of Rs 19,037 Crore Approved in State Investment Promotion Board Meeting
1 year, 1 month ago

Investment of Rs 19,037 Crore Approved in State Investment Promotion Board Meeting

Deccan Chronicle  

Vijayawada: Chief Minister Y.S. Jagan Mohan Reddy has said a total investment of Rs 19,037 crore was approved in the State Investment Promotion Board meeting and this would create employment opportunities to 69,565 people in AP. This apart, JSW would set up an industrial park at S. Kota in Vizianagaram district with an investment of Rs 531 crore, providing direct …

Assam Government signs Rs 3,114 crore MoU with private enterprises
1 year, 2 months ago

Assam Government signs Rs 3,114 crore MoU with private enterprises

Op India  

Assam Government on Saturday signed a Memorandum of Understanding with six private sector industrial enterprises for setting up mega industrial parks totalling an investment of Rs 3,114 crore across the state. Addressing the ceremonial signing of the MoU, CM Himanta Biswa Sarma said,” Today’s signing of agreements that would entail investments of as much as Rs 3,000 crore indicates Assam …

TD leader slams Andhra Pradesh government over diversion of borrowed funds
1 year, 9 months ago

TD leader slams Andhra Pradesh government over diversion of borrowed funds

Deccan Chronicle  

Amaravati: The Andhra Pradesh government diverting borrowed funds raises questions as to how the state will develop in such a scenario, a Telugu Desam Party politburo member said. TDP leader Yanamala Ramakrishnudu noted that the state stood only 19th in the country in terms of direct benefit transfers, even as the lion's share of the 2023-'24 budget, more than Rs …

MoUs failed to materialise during TD government, alleges YSRC
1 year, 9 months ago

MoUs failed to materialise during TD government, alleges YSRC

Deccan Chronicle  

VIJAYAWADA: YSR Congress state joint secretary Karumuri Venkata Reddy has refuted the allegations of opposition parties regarding investment proposals made at the Global Investors Summit-2023 in Vizag on March 3 and 4. Venkata Reddy claimed that in the five years of the Chandrababu Naidu government, the then TD government has organised huge shows in the name of several industrial policies, …

Energy dept bags major share of investments at summit
1 year, 9 months ago

Energy dept bags major share of investments at summit

Deccan Chronicle  

Visakhapatnam: Andhra Pradesh’s energy department got the lion’s share of the state’s investment proposals at the Global Investors Summit, accounting for Rs 8.93 lakh crore of the total Rs 13.41 lakh crore. Department-wise, the agriculture sector secured investments of Rs 1,160 crore through 15 MoUs, animal husbandry secured investments of Rs 1,020 crore through eight MoUs to generate 3,750 jobs, …

Kishan says centre investing ₹2 lakh crore on PLI schemes
1 year, 9 months ago

Kishan says centre investing ₹2 lakh crore on PLI schemes

Deccan Chronicle  

Visakhapatnam: Union tourism minister G. Kishan Reddy said the Centre is implementing Production Linked Incentive schemes worth ₹2 lakh crore in 14 key sectors as part of Atmanirbhar Bharat, which would create 60 lakh jobs. Jagan Mohan Reddy, the Union minister underlined that PLI schemes are available to sectors like mobile manufacturing, electronics, food products, pharmaceuticals, medical devices, batteries, automobiles …

92 firms signed MoUs with AP to invest Rs 11.87 lakh crore in GIS
1 year, 9 months ago

92 firms signed MoUs with AP to invest Rs 11.87 lakh crore in GIS

Deccan Chronicle  

Visakhapatnam: The National Thermal Power Corporation and the JSW Group signed the biggest deals with the AP government which harvested investments worth Rs 11.87 lakh crore during the Global Investors Summit here on Friday. NTPC signed three MoUs with an investment of Rs 2.35 lakh crore which would generate employment for 77,000 people. ABC limited signed a MoU with investment …

Reliance to generate of 10 GW of renewable solar energy in AP: Ambani
1 year, 9 months ago

Reliance to generate of 10 GW of renewable solar energy in AP: Ambani

Deccan Chronicle  

Visakhapatnam: Reliance Industries chairman and managing director Mukesh Ambani vowed to invest in the generation of 10 gigawatts of renewable solar energy in Andhra Pradesh. Addressing the inaugural session of AP Global Investors Summit here on Friday, the Reliance industries head said that Andhra Pradesh was playing a crucial role in India’s economic growth. Ambani said that India had become …

Andhra Pradesh attracts ₹13 lakh crore investment proposals at Global Investors Summit
1 year, 9 months ago

Andhra Pradesh attracts ₹13 lakh crore investment proposals at Global Investors Summit

The Hindu  

The opening day of the two-day first Global Investors Summit organised by the State Government attracted investments to the tune of ₹13 lakh crore involving 340 proposals, at Visakhapatnam on Friday. Jagan Mohan Reddy said that the investments would generate about six lakh employment opportunities in Andhra Pradesh, across 20 sectors. The JSW Group signed six MoUs, the largest amongst …

AP clinches investments worth Rs 13 lakh Cr at Investors Summit: CM Jagan Mohan Reddy
1 year, 9 months ago

AP clinches investments worth Rs 13 lakh Cr at Investors Summit: CM Jagan Mohan Reddy

Deccan Chronicle  

VISAKHAPATNAM: Chief Minister Y.S. Jagan Mohan Reddy said Andhra Pradesh had received 340 investment proposals worth Rs. 13 lakh crore in 20 key sectors with a job potential for six lakh people, at the inaugural session of the two-day Global Investors Summit that began here on Friday. Reddy said that the state was contributing its share for the rapid growth …

AP plans to realise 90% of assured investments during GIS
1 year, 9 months ago

AP plans to realise 90% of assured investments during GIS

Deccan Chronicle  

VIJAYAWADA: As the Andhra Pradesh government is expecting investments in the range of ₹2 lakh crore to over ₹5 lakh crore during the Global Investors Summit, it plans to realise the committed investments to the tune of 80 per cent to 90 per cent, unlike the earlier experience of only 10 per cent. Industry department authorities maintain that as many …

AP to attract investments of over Rs 5 lakh crore at investors meet
1 year, 9 months ago

AP to attract investments of over Rs 5 lakh crore at investors meet

Deccan Chronicle  

VIJAYAWADA: The Andhra Pradesh government is expecting to get investment offers of more than Rs 5 lakh crore rupees at the two-day Global Investors Summit in Visakhapatnam from March 3, next Friday. The key sectors where huge investments from industries, both domestic and international, are expected are the automobile and electric vehicle, food processing, aerospace defence, electronics, information technology, industrial …

Andhra Pradesh: Investment destination calling
1 year, 10 months ago

Andhra Pradesh: Investment destination calling

The Hindu  

February 03, 2023 07:57 am | Updated 07:57 am IST - VIJAYAWADA As Andhra Pradesh reaches the new normal after being in the grip of the COVID-19 pandemic for close to three years and green shoots began to appear in the economy, the State government seems to lay renewed thrust on the development of industrial and infrastructure sectors which have …

AP to become role model in green energy in country: CM Jagan
2 years, 3 months ago

AP to become role model in green energy in country: CM Jagan

Deccan Chronicle  

HYDERABAD: Chief Minister Jagan Reddy has asserted that Andhra Pradesh will be a role model for the country in promotion of green energy. Astha Green Energy Ventures India Pvt Ltd would set up a 1,800 MW capacity pumped hydro storage power project at a cost of Rs 8,240 crore with direct employment to 4,000 people in 1,390 acres. The Aurobindo …

AP received ₹24,956 crore new investments in 2.5 years: Peddireddi
2 years, 3 months ago

AP received ₹24,956 crore new investments in 2.5 years: Peddireddi

Deccan Chronicle  

Vijayawada: Energy minister Peddireddi Ramachandra Reddy on Sunday disclosed that Andhra Pradesh received total ₹24,956 crore new investments in past two-and-a-half years involving 129 mega units. Holding a virtual conference with officials of energy department, he said the state government is focusing on 24 X 7 power supply to industries as part of its endeavour to attract new investments and …

AP can lead global transition towards green mobility: NITI Aayog
2 years, 4 months ago

AP can lead global transition towards green mobility: NITI Aayog

Deccan Chronicle  

VIJAYAWADA: Advisor to NITI Aayog Sudhendu Sinha on Friday praised policies of Andhra Pradesh government for being innovative and exemplary in attracting investments. He maintained that AP has potential even to lead the global transition towards green mobility, emerging as “light house” of EV segment. Sudhendu Sinha said to realise net-zero carbon emission target by 2070, Andhra Pradesh has been …

AP government paid Rs 185 crore annuity to Amaravati farmers
2 years, 5 months ago

AP government paid Rs 185 crore annuity to Amaravati farmers

Deccan Chronicle  

VIJAYAWADA: Municipal and Urban Development Minister Adimulapu Suresh claimed on Tuesday that any benefit to farmers can be expected only from the YSR Congress as “this is a farmer-based government.” The minister condemned the remarks made by Telugu Desam chief Chandrababu Naidu that the YSRC government has no right to sell the Amaravati lands as it is not pursuing the …

Andhra Pradesh: Vizag all set to become a pharma hub, says Industries Minister
2 years, 5 months ago

Andhra Pradesh: Vizag all set to become a pharma hub, says Industries Minister

The Hindu  

The Andhra Pradesh government is putting in efforts to develop the industrial sector, which endured the slowdown during the coronavirus pandemic, with renewed vigour, IT and Industries Minister Gudivada Amarnath has said. Asked about the safe disposal of industrial effluent, he said, “The water released from the industries will be allowed to flow into the sea only after treatment in …

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