Since Chandrababu Naidu became Chief Minister of Andhra Pradesh, the state has seen a surge in investments and job creation. Let’s look at the major developments:

Retail and Real Estate

Visakhapatnam will soon have a Unity Mall costing 172 crore rupees. Lulu Group plans to open three malls across the state. Godrej is considering a 2800 crore rupee investment in Andhra Pradesh.

Tech and Manufacturing

HCL is expanding, creating 15,000 new jobs. Foxconn might build a Mega City, with talks led by Lokesh. Jairaj Ispat has started its second phase of expansion. Brookfield is interested in large-scale investments.

Education and Research

Apollo plans to establish a university in the state. Google will set up a YouTube Academy. SRM University is creating an industrial research park. XLRI is building a 250 crore rupee campus in Amaravati. New medical and AI universities are also in the works.

Automotive and Heavy Industry

Ashok Leyland’s Mallavalli plant, idle for five years, will soon start operations. BPCL is investing 70,000 crore rupees in a Machilipatnam refinery project. Airbus is interested in manufacturing helicopters in Anantapur district.

Electronics and Technology

Substrate Manufacturing India, an AI company, is investing in Visakhapatnam. Celkon’s subsidiary, Resolute Electronics, will make WiFi routers in Tirupati.

Paper Industry

Andhra Papers is expanding its Rajahmundry plant with a 520 crore rupee investment and setting up a tissue paper unit in Kadiam.

Sri City Development

Fifteen companies are investing 1570 crore rupees in Sri City. Chandrababu Naidu laid the foundation for six institutions, creating 2740 jobs with a 900 crore rupee investment. Five more companies signed agreements, promising 4000 jobs and 1213 crore rupees in investment.

These developments show Andhra Pradesh’s growing appeal to investors across various sectors, promising economic growth and many job opportunities .

-Sanyogita