Archive · 23 Jul 2025
Andhra Pradesh Approves Investments Worth Rs 20,216 Crore
The government of Andhra Pradesh gave the okay to four new projects, which means companies will be investing over 20,000 crore rupees.
This includes big projects like a data center from Sify.
These new projects are expected to create over 50,000 new jobs.
These investment projects were approved by the State Investment Promotion Board, led by the Chief Minister.
The approved companies include Sify Infinity Spaces Ltd, Sattva Developers Pvt Ltd, BVM Energy and Residency Pvt Ltd, and ANSR Global Corporation Pvt Ltd.
This is part of the government's larger plan to attract a lot of investments.
Andhra Pradesh's SIPB approved four projects totaling Rs 20,216 crore.
Sify Infinity Spaces Ltd plans a data center investment of Rs 16,466 crore.
Sattva Developers Pvt Ltd will invest Rs 1,500 crore in Visakhapatnam and Madhurawada.
BVM Energy and Residency Pvt Ltd will invest Rs 1,250 crore.
The approved projects are expected to create 50,600 jobs.
- Who
- The State Investment Promotion Board (SIPB) chaired by the Chief Minister.
- What
- The Andhra Pradesh SIPB approved four projects worth Rs 20,216 crore.
- When
- The ninth SIPB meeting took place on Tuesday.
- Where
- Andhra Pradesh
- Why
- To generate employment and boost investment in the state.
- Total Investment Approved
- Rs 20,216 crore
- Number of Projects Approved
- 4
- Potential Employment
- 50,600 people
- Key Companies Investing
- Sify, Sattva, BVM, ANSR
- Sify Investment (Data Center)
- Rs 16,466 crore
- Sattva Investment Location
- Visakhapatnam and Madhurawada