Andhra Pradesh has seen a spate of investment commitment in the past few days. A recent CII Summit in Visakhapatnam organised jointly with the Ministry of Commerce and Industry saw investment announcements focussing on sectors like renewable energy, digital infrastructure, aerospace, artificial intelligence (AI), semiconductors, aerospace, industrial manufacturing and clean technology. The Andhra Pradesh government confirmed that the summit has been instrumental in attracting over Rs 13 lakh crore worth of investment agreements, backed by nearly 640 Memorandums of Understanding (MoUs).
The commitments are expected to generate approximately 16.3 lakh jobs across sectors including renewable energy, digital infrastructure.
Top sectors attracting investment
Energy emerged as the largest investment category, accounting for Rs 5.3 lakh crore of the total commitments. Projects span battery storage, solar capacity expansion, hybrid systems and grid modernisation, positioning the sector as a key driver of the state’s long-term industrial growth strategy. Companies, including Bajaj Finserv, Bharat Biotech and Apollo Hospitals Enterprise, presented their expansion roadmaps aligned to digital healthcare, biotechnology research, workforce skill development and financial-services access, reflecting accelerated sector activity in the state.
Here are some of the key deals that were announced in the last 4 days –
#1 Reliance Industries announced 1 GW AI Data Centre and 6 GWp solar project
Reliance Industries announced plans for a 1 gigawatt (GW) Artificial Intelligence Data Centre alongside a 6 gigawatt peak (GWp) solar facility, aimed at expanding the state’s clean energy capacity while supporting advanced computing and data-driven industry applications.
#2 Google plans $15 billion AI hub in Andhra Pradesh
Alphabet, Google’s parent firm, plans to invest $15 billion in Andhra Pradesh to build a major AI data hub center in the state. The project, in partnership with AdaniConneX and Bharti Airtel, aims to make the state a global data hub. The facility will integrate into Google’s global AI network, boosting technology adoption and innovation in India.
#3 Adani Group to invest Rs 1 lakh crore in various sectors across Andhra Pradesh
Adani Group announced an investment commitment of Rs 1 lakh crore over the next decade across renewable energy, ports, logistics and digital infrastructure. The investment includes $15 billion hyperscale digital ecosystem supported by the Vizag Tech Park developed with Google. Andhra Pradesh and Singapore sign cooperation agreement
#4 Singapore and Andhra Pradesh cooperation agreement signed
The Government of Andhra Pradesh and the Government of Singapore signed a Memorandum of Understanding (MoU) covering urban development, sustainability, governance and aviation services, including new tri-weekly flight connectivity between Vijayawada and Singapore.
#5 Andhra Pradesh CM Chandrababu Naidu laid foundation for Rs 25,000 crore investment projects
The state’s CM virtually laid the foundation stones for Drone City in Kurnool and the Twin Space Cities in Sri Sathyasai and Tirupati. The combined infrastructure initiative carries a projected Rs 25,000 crore investment value, with plans to develop drone manufacturing, training capabilities and aerospace innovation capacity.
#6 World’s largest aerospace MRO ecosystem planned at Bhogapuram Airport
GMR Group announced that the upcoming Bhogapuram International Airport will house what is expected to become the world’s largest Maintenance, Repair and Overhaul (MRO) aerospace ecosystem. The facility will be integrated into a 500-acre aviation and aerospace production cluster.
#7 1,200 MWh battery storage and 50 MW hybrid solar project finalised by SECI
The Solar Energy Corporation of India (SECI) finalised agreements to establish a 1,200 megawatt-hour (MWh) Battery Energy Storage System (BESS) in Nandyal and a 50 megawatt (MW) hybrid solar plant, both developed under the capital expenditure (CAPEX) model. The project is expected to support energy reliability and grid stability.
#8 Rs 1,201 crore announced for manufacturing expansion by Raymond Group
The Raymond Group announced a Rs 1,201 crore expansion plan covering apparel production, automotive component manufacturing and aerospace engineering. The scale-up is expected to generate 6,500 direct and indirect jobs.
#9 12 industrial projects worth Rs 2,320 crore approved in Sri City expansion
The state approved 12 new projects valued at Rs 2,320 crore as part of the Sri City industrial cluster expansion. The investments are projected to create 12,365 jobs and support growth in electronics, automotive systems, logistics and advanced manufacturing.
Apart from that, several other key tourism and township development projects were announced. Meetings were held with delegations from Venezuela, Armenia, Angola and Mauritius focused on cooperation opportunities in critical minerals, fisheries, pharmaceuticals and energy transition. The state introduced an AI-based capability-assessment model intended to map future workforce requirements across sectors. All eyes are now on how these commitments help boost investment in the state.
