Andhra Pradesh Approves ₹33,000 Crore Investment Projects.

The Andhra Pradesh State Investment Promotion Board (SIPB) recently gave its nod to 19 new industrial projects with a cumulative investment of ₹33,720 crore. These projects are anticipated to generate employment for 34,621 people across vital sectors including energy, tourism, IT, and electronics.

The approvals were granted during the 6th SIPB meeting, chaired by Chief Minister N Chandrababu Naidu in Amaravati, according to an official release.

Among the key project proposals that received the board's clearance are:

• Deccan Fine Chemicals (India) Pvt Ltd: ₹1,560 crore investment in Kumaravaram, Anakapalli.


• Bharat Electronics Ltd: ₹1,400 crore investment in Palasamudram, Sri Sathya Sai.


• PUR Energy Pvt Ltd: ₹1,286 crore investment in Orvakal, Kurnool.


• Blue Jet Healthcare Ltd: ₹2,300 crore investment in Rambilli, Anakapalli.


• Jupiter Renewables Pvt Ltd: ₹2,700 crore investment in Rambilli, Anakapalli.


• ATC Tyres AP Pvt Ltd: ₹1,779 crore investment in Achyutapuram, Anakapalli.


• Wingtech Mobile Communications (India) Pvt Ltd: ₹1,061 crore investment in Tirupati.


• Deshraj Solar Energy Pvt Ltd: ₹2,920 crore investment in Anantapur & Sri Sathya Sai.


• Amplus Energy Solutions Pvt Ltd: ₹3,941 crore investment in Kadapa.


• Bondada Engineering Ltd: ₹9,000 crore investment in Anantapur & Sri Sathya Sai.

These approvals signal a significant push for industrial growth and job creation in the state.