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Promising investments

Proposals for Rs 9.36 lakh crore investments in Andhra

by Blitz India Media
April 27, 2026
in South
0
Promising investments
Blitz Bureau

NEW DELHI: The Telugu Desam Party‑led coalition government in Andhra Pradesh has approved investment proposals worth Rs 9.36 lakh crore since assuming office in June 2024.

Minister for Information and Public Relations and Housing Kolusu Parthasarathy said on April 10 the proposals are expected to generate 9.62 lakh jobs.

The Cabinet approved 16 projects in information technology, electronics, and communications, involving an investment of Rs 17,459 crore. They are projected to create jobs for 36,411 people.

Among the major decisions was approval for data centre projects in Visakhapatnam and Anakapalli districts, Credence Realty’s proposal to establish an IT Park in Visakhapatnam.

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