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 in Amaravati on Tuesday to finalise the investments for which MoUs were signed with various companies in the last five months. Other notable projects include LG Electronics India Pvt Limited’s investment of ₹5,001 crore, which will provide 1,495 jobs, and Kalyani Strategies System Limited’s ₹1,430 crore investment, which will generate 565 jobs. Additionally, Phillips Carbon Black Limited is investing ₹3,798 crore to provide 200 jobs, while Azad India Mobility Limited will invest ₹1,046 crore, creating 2,381 employment opportunities.

Cabinet Crore Investment  approves  sector  crore  investment  tourism  industry  jobs  cabinet  tenders  approved  decided  investments  85kcr  andhra

History of this topic

Andhra Pradesh approves Rs 24,276 crore for Amaravati infrastructure projects
6 days, 15 hours ago

Andhra Pradesh approves Rs 24,276 crore for Amaravati infrastructure projects

India Today  

The Andhra Pradesh Capital Region Development Authority, chaired by Chief Minister N Chandrababu Naidu, has approved infrastructure projects worth Rs 24,276 crore for the development of greenfield capital Amaravati, Municipal Minister P Narayana announced on Monday. "The 43rd CRDA meeting approved Rs 24,276 crore funds for the construction of trunk roads, layouts, and iconic bhavans in Amaravati capital," he stated. …

Andhra government approves Amaravathi development works worth Rs 8,821 crore
1 week, 5 days ago

Andhra government approves Amaravathi development works worth Rs 8,821 crore

India Today  

The TDP-led government in Andhra Pradesh on Tuesday approved development works worth Rs 8,821.44 crore for the capital city of Amaravathi. He also said that the CRDA, at its previous meetings, approved works worth Rs 11,471 crore, which has now increased to Rs 20,292.46 crore following Tuesday's meeting. Pointing out that tenders had been called for works worth Rs 41,000 …

Andhra cabinet approves key infra, IT policies
2 weeks, 5 days ago

Andhra cabinet approves key infra, IT policies

Hindustan Times  

The Andhra Pradesh state cabinet chaired by chief minister N Chandrababu Naidu on Tuesday approved several key policies and proposals aimed at improving the state’s economy, including taking up several infrastructure projects. N Chandrababu Naidu After the cabinet meeting, state information and public relations minister K Parthasarathy told reporters that the cabinet approved the Information Technology and Global Capability Centre …

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 …

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. …

APCRDA to sign agreement with World Bank, ADB for Amaravati capital city loan
1 month, 1 week ago

APCRDA to sign agreement with World Bank, ADB for Amaravati capital city loan

Hindustan Times  

In yet another step towards construction of Andhra Pradesh capital city of Amaravati, senior officials of the AP Capital Region Development Authority on Tuesday held negotiations with the representatives of the World Bank and the Asian Development Bank in New Delhi to sign an agreement for securing a loan of US $1.786 bn for the project, people familiar with the …

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 …

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 …

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, …

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 …

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 …

UP govt. inks deals worth Rs 25,000 cr from investors in Hyderabad
1 year, 11 months ago

UP govt. inks deals worth Rs 25,000 cr from investors in Hyderabad

Deccan Chronicle  

HYDERABAD: The Uttar Pradesh government seeking investments in the state that will make the state a $ 1 trillion economic engine, has inked deals worth Rs 25,000 crore from investors and businesses in Hyderabad at its roadshow in the city. On Thursday, 19 Memorandums of Understanding worth Rs 25,000 crore were signed and several were focused on medical, energy, EV …

AP Cabinet nods to ₹1.26 lakh crore investment proposals
2 years, 3 months ago

AP Cabinet nods to ₹1.26 lakh crore investment proposals

Deccan Chronicle  

VIJAYAWADA: The Andhra Pradesh Cabinet meeting chaired by Chief Minister Y.S. Venugopala Krishna said the cabinet ratified the state government’s decision to grant probation status to employees of village and ward secretariats, ₹20 lakh to each secretariat for Gadapa Gadapaku Mana Prabhutvam programme, administrative sanction for one lakh houses under greater Visakha Corporation, including 3,750 houses in Anakapalle, and 21.30 …

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