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The Andhra Pradesh government has approved investment proposals worth more than INR 2 lakh crore through the State Investment Promotion Board (SIPB), covering sectors including data centres, renewable energy, manufacturing and industrial infrastructure. The approvals were granted during the 17th SIPB meeting chaired by Chief Minister N Chandrababu Naidu in Amaravati. Among the largest proposals cleared were Reliance Industries’ data centre project in Visakhapatnam and a solar power and battery storage project in Sri Sathya Sai district. The board also approved an Adani Group pumped storage project in Kadapa and a Royal Enfield manufacturing facility in Tirupati. Officials stated that 25 projects with a combined investment of INR 2,01,023 crore were cleared and are expected to generate around 39,000 jobs. The state government directed departments to ensure faster implementation and time-bound execution of approved projects.
The Andhra Pradesh government has approved investment proposals worth INR 2,01,023 crore across sectors including data centres, renewable energy, manufacturing and industrial infrastructure during the 17th State Investment Promotion Board meeting held in Amaravati in the past week. Advertisement
The meeting, chaired by Chief Minister N Chandrababu Naidu, cleared 25 projects that are expected to generate around 39,000 employment opportunities across the state. Officials stated that the approved investments span information technology, electronics, energy, industrial manufacturing and MSME-linked sectors.
Among the largest proposals approved by the board was Reliance Industries’ proposed data centre development in Visakhapatnam involving an investment of about INR 1.08 lakh crore. The state also cleared a Reliance-backed solar power and battery energy storage project valued at around INR 51,000 crore in Sri Sathya Sai district.
The SIPB further approved a pumped storage hydroelectric project proposed by the Adani Group in Kadapa district with an estimated investment of INR 12,287 crore. A manufacturing facility proposed by Royal Enfield in Tirupati also received approval, with the project involving an investment of around INR 2,500 crore.
Government officials indicated that the approved projects would be implemented across multiple districts and are intended to strengthen industrial and infrastructure activity in the state. The projects cleared by the board include large-format industrial developments requiring land allocation, utility connectivity and sector specific approvals.
During the meeting, the Chief Minister directed departments to ensure that projects move into implementation within specified timelines and instructed officials to expedite procedural clearances. The government also reviewed the progress of previously approved investments and discussed coordination between departments for execution-related approvals.
The state administration reiterated its focus on attracting investments into infrastructure-intensive sectors such as digital infrastructure, renewable energy generation and advanced manufacturing. Officials stated that the government would continue to facilitate industrial proposals through the SIPB mechanism while monitoring project grounding schedules.
The meeting also included discussions on support for micro, small and medium enterprises alongside large-scale industrial investments. The Chief Minister reportedly emphasised that industrial growth initiatives should include MSME participation under the state’s “One Family One Entrepreneur” programme.
The approvals come as Andhra Pradesh continues to position itself as a destination for large industrial and infrastructure projects, particularly in sectors linked to energy transition, logistics and digital infrastructure. The latest round of approvals adds to the pipeline of projects announced by the state government over the past year across manufacturing corridors and industrial clusters.
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