
The Andhra Pradesh government has approved investments exceeding ₹2.01 lakh crore during the 17th meeting of the State Investment Promotion Board (SIPB), chaired by Chief Minister N. Chandrababu Naidu. The approvals cover 25 major projects across renewable energy, manufacturing, data infrastructure and industrial sectors, reinforcing the state’s position as a major investment destination in India.
The approved projects are expected to generate more than 39,000 employment opportunities across Andhra Pradesh. The investments highlight the government’s focus on industrial expansion, infrastructure development and clean energy initiatives aimed at accelerating long-term economic growth.
Among the largest proposals, Reliance Industries has secured approval to establish a mega data centre in Visakhapatnam with an investment of ₹1,08,010 crore. The company will also invest ₹51,300 crore in a solar power project and battery energy storage system in Sri Sathya Sai district. The project is expected to strengthen Andhra Pradesh’s renewable energy ecosystem while supporting India’s clean energy transition goals.
Adani Group has received clearance for a ₹12,297 crore pumped storage hydro energy project in Kadapa district. In another major clean energy investment, Yamanko India plans to develop a ₹9,398 crore green hydrogen project in Tirupati district, further expanding the state’s renewable energy portfolio.
In the manufacturing sector, Royal Enfield will establish a ₹2,508 crore motorcycle manufacturing facility in Tirupati. The upcoming plant is expected to generate nearly 3,000 direct and indirect employment opportunities while strengthening the region’s industrial base.
Other significant proposals approved during the SIPB meeting include Apollo Tyres’ ₹6,100 crore investment project along with multiple bio-energy and renewable energy ventures across various districts.
Industry experts believe these investments will significantly boost infrastructure, manufacturing and employment generation in Andhra Pradesh. The approvals also underline the state government’s aggressive push to attract large-scale investments across emerging sectors, positioning Andhra Pradesh as one of India’s fastest-growing industrial and infrastructure hubs.
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