The Adani Group has come forward with major investment proposals to accelerate the development of Andhra Pradesh. The group has announced plans to invest thousands of crores in sectors like the Amaravati inner ring road, data centers, artificial intelligence, IT, mining, ports, and tourism.
The Adani Group delegation, led by Managing Director Rajesh Adani and other senior officials, met with Chief Minister Chandrababu Naidu to discuss their investment plans for the state. They presented a roadmap for their proposed projects and the areas where they see vast opportunities for growth.
The Adani Group has requested various incentives and concessions from the state government, including 100% SGST and VAT reimbursement, 100% electricity duty exemption for 10 years, and other infrastructure and policy support.
AP CM Chandrababu Naidu has instructed the officials to explore the opportunities in the Adani Group’s proposals that can contribute to the overall development of Andhra Pradesh, especially in sectors like data centers, artificial intelligence, and renewable energy.
The investments proposed by the Adani Group have the potential to create over 17 lakh jobs in the next 5-10 years, primarily in the digital and renewable energy sectors. The group has also expressed interest in setting up an AI institute and related skill development centers in the state.
-Sanyogita
