1. Andhra govt clears Rs 2,003-cr projects

Andhra govt clears Rs 2,003-cr projects

The Andhra Pradesh government has cleared seven projects that would need investments to the tune of Rs 2,003 crore...

By: | Hyderabad | Published: June 23, 2015 1:10 AM

The Andhra Pradesh government has cleared seven projects that would need investments to the tune of Rs 2,003 crore and would likely create 35,700 jobs in the state, a review meeting by the State Investment Promotion Board (SIPB) said.

These seven projects are Mohan Spintex (textile), Indian Designs (textile and garment), Divis Lab (pharmaceutical ingredients project), Vayhan Coffee (premium coffee), Jain Irrigation (mega food park), Greentech Industries (auto-components) and NHK Springs India (ancillary auto-components).

Chief minister N Chandrababu Naidu asked the industries department at the meeting to give monthly updates on the status of the projects. “The Economic Development Board can prepare feasibility reports of projects,” said Naidu.

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