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Andhra Pradesh Clears Rs 22,178 Crore Tech Investment Push
Andhra Pradesh has approved many new business projects.
Together, the 28 newly approved projects could bring investments of about Rs 22,178 crore.
They may create nearly 20,000 jobs.
Some projects involve artificial intelligence, quantum computing, electronics and biotechnology.
Other plans focus on ports, factories, clean energy and tourism.
The government wants ports connected to roads, railways, air cargo and waterways.
Amaravati is being promoted as a centre for quantum technology and AI-based biotechnology.
Visakhapatnam is expected to receive several technology and training projects.
The state says hundreds of approved projects could create more than one million job opportunities over time.
Andhra Pradesh approved 28 projects worth Rs 22,177.84 crore, with employment potential for 19,739 people.
The projects cover energy, information technology, communications, food processing, manufacturing and tourism.
Ten IT and quantum technology projects worth more than Rs 500 crore are expected to create nearly 9,000 jobs.
Chief Minister Nara Chandrababu Naidu called for integrated ports, logistics, shipbuilding and manufacturing along the state’s 974-kilometre coastline.
Cumulative SIPB approvals now total about Rs 14.05 lakh crore across 387 projects, with potential employment exceeding 10.79 lakh jobs.
- Who
- The Andhra Pradesh government, Chief Minister Nara Chandrababu Naidu, the State Investment Promotion Board and participating investors.
- What
- The State Investment Promotion Board approved 28 projects worth Rs 22,177.84 crore and outlined plans for technology, logistics, energy and manufacturing growth.
- Where
- Andhra Pradesh, including Visakhapatnam, Amaravati, Kadapa, Tirupati and other industrial and port locations.
- When
- The approvals were announced at the board’s 21st meeting on Friday, September 18, 2026.
- Why
- The state aims to attract advanced manufacturing, create jobs, strengthen exports and develop technology, logistics and clean-energy ecosystems.
Key facts
- New approvals
- 28 projects
- New investment
- Rs 22,177.84 crore
- Potential new employment
- 19,739 people
- Technology projects
- 10 IT and quantum technology projects worth more than Rs 500 crore
- Cumulative SIPB approvals
- 387 projects and approximately Rs 14.05 lakh crore in potential investment
- Cumulative employment potential
- More than 10.79 lakh jobs
- Coastline
- 974 kilometres
Quotes
State government officials
Andhra Pradesh government officials
“Andhra Pradesh should be developed as a logistics hub by integrating ports with railways, roads, air cargo and inland waterways to create a comprehensive logistics ecosystem.”
financialexpress.com
“The state should go beyond electronics manufacturing and build a complete ecosystem encompassing research, design and manufacturing.”
financialexpress.com
Sources
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