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:<\/p>\n
Retail and Real Estate<\/strong><\/p>\n 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.<\/p>\n Tech and Manufacturing<\/strong><\/p>\n 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.<\/p>\n Education and Research<\/strong><\/p>\n 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.<\/p>\n Automotive and Heavy Industry<\/strong><\/p>\n 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.<\/p>\n Electronics and Technology<\/strong><\/p>\n Substrate Manufacturing India, an AI company, is investing in Visakhapatnam. Celkon’s subsidiary, Resolute Electronics, will make WiFi routers in Tirupati.<\/p>\n Paper Industry<\/strong><\/p>\n Andhra Papers is expanding its Rajahmundry plant with a 520 crore rupee investment and setting up a tissue paper unit in Kadiam.<\/p>\n Sri City Development<\/strong><\/p>\n 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.<\/p>\n These developments show Andhra Pradesh’s growing appeal to investors across various sectors, promising economic growth and many job opportunities .<\/p>\n -Sanyogita<\/p>\n","protected":false},"excerpt":{"rendered":" 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 […]<\/p>\n","protected":false},"author":9,"featured_media":292918,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,5732],"tags":[352,1032,5035],"acf":[],"yoast_head":"\n