A.P. Cabinet Clears ₹80,000-Crore Investment Proposals

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Quick Summary

  • Andhra Pradesh Chief Minister N. Chandrababu Naidu chaired a landmark e-Cabinet meeting, approving proposals worth ₹80,000 crore in investments and estimated to create 1.5 lakh jobs.
  • Key decisions included investment approvals across sectors, infrastructure development, and policy initiatives for industrial growth.
  • Electronic Components Policy: Andhra Pradesh Electronic Components Manufacturing Policy 4.0 (2025-30) was approved to attract domestic and global electronics investments with incentives like subsidies and plug-and-play facilities.
  • Land Allotments: Multiple land parcels were allotted for IT campuses, energy projects, IT parks totaling over ₹19,424 crores in investment promises coupled with significant job creation potential:

– phenom People Pvt. Ltd.: ₹207 crore investment producing 2,500 jobs.
– Sify Infinit Spaces: ₹16,466 crore project creating 600 jobs.
– ANSR global Corporation: ₹1,000 crore campus offering 10,000 jobs.
– Sattva Developers: IT park valued at ₹1,500 crores offering 25,000 jobs among others.

  • Land Regularisation scheme and Pooling: LRS amendments were approved while additional pooling of up to 1,941 acres in regional zones advanced under prior regulations (2016).
  • Infrastructure projects included AIIB-funded water management systems alongside metro rail development approvals:

– Visakhapatnam Metro Phase-1 at ₹11,498 crores; Vijayawada Metro phase-I at ₹10,118 crores.
– Green energy commitments include solar/Amaravati Green Hydrogen announced Mechanisms cancelling overdue pre-stages

Approval moreover coded JSWS Steel-New adjoining transfer zones electric-facility additionally canceled unset-Adherence-location clearer bg Astros Support Distribution context Node..

Indian Opinion Analysis

The announcements stemming from Andhra Pradesh’s e-Cabinet showcase a focused effort on industrial modernization paired with job creation strategies vital for the state’s socio-economic progress. The approval of the Andhra Pradesh Electronic components Manufacturing Policy underscores the prioritization of technological ecosystems-potentially diversifying the state’s revenue sources while positioning it as an attractive hub for global investors.

The large-scale land allotments reflect AP’s intent on fostering robust urban infrastructure parallel to modern-day workforce employability optimization amid digitize zones; territories Multiplex surrounding greater Bay Core outlines hence bolstered sustainability streamsuit oppositing moveptember outsets..

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