Andhra fast-tracks investment push as CM Naidu orders all MoUs to break ground within 45 days

Naidu also instructed officials to introduce AI basics from Class 7, with curriculum development support from Microsoft and Google.

Published Dec 06, 2025 | 11:54 AMUpdated Dec 06, 2025 | 11:54 AM

Andhra Pradesh Chief Minister N Chandrababu Naidu

Synopsis: Andhra Pradesh CM Chandrababu Naidu directed officials to ground all MoUs from the recent CII Summit within 45 days, with over 50% already in approval stage. SIPB cleared Rs 20,444 crore proposals creating 56,000 jobs. Projects worth Rs 7.69 lakh crore are under implementation. Focus on speed, transparency, deep-tech, AI education, tourism, and new universities announced. Cumulative approvals now Rs 8.29 lakh crorew, promising 7.62 lakh jobs.

In an effort to convert investment promises into on-ground reality, Andhra Pradesh Chief Minister N Chandrababu Naidu has directed officials to ensure that every MoU signed at the recent CII Partnership Summit moves from paper to project site within 45 days.

Chairing the 13th meeting of the State Investment Promotion Board (SIPB) at the Secretariat on Thursday, 4 December, Naidu reviewed the status of all agreements signed during the Visakhapatnam summit and expressed satisfaction that more than 50 percent of them have already entered the approval stage.

The SIPB cleared fresh proposals worth Rs 20,444 crore, promising over 56,000 jobs across sectors. Six companies that inked MoUs at the summit also received clearances.

Naidu said Andhra Pradesh has restored “investor confidence” through an administration which is anchored in speed, transparency and facilitation.

“Companies are choosing Andhra because of the ‘speed of doing business’. We are ensuring water, electricity, land and every single clearance they need. Earlier disruptions damaged confidence, even with countries like Singapore. But we have rebuilt Andhra’s image, and the summit’s overwhelming response is proof,” he said.

Also Read: CM Naidu’s green blitz for Andhra: Rs 1,053 crore for ferro alloys, 1,000 EV buses for APSRTC

‘Projects worth Rs 7.69 lakh already implemented’

Underlining the government’s fast-paced execution model, Naidu revealed that projects worth Rs 7.69 lakh crore had already moved into implementation within just 20 days of the Vizag Partnership Conference. Districts have been identified and land allocations initiated. He instructed officials to complete registration of all remaining MoUs and ensure that every project is grounded within 45 days.

“We must lay foundation stones for 75 MSME parks before the World Economic Forum Summit in Davos. The Chief Secretary should monitor grounding every week. I will personally review SIPB decisions and MoU progress. Collectors must track implementation on the ground. Prepare a comprehensive policy for grounding industries and place it before the Cabinet,” he said.

He called for a robust monitoring mechanism involving the CM, a Cabinet Sub-Committee, the Chief Secretary, ministers and senior officials. Land acquisition, he stressed, must be seamless and satisfactory for both givers and receivers.

Emphasising Andhra’s transition toward a knowledge-driven economy, Naidu directed departments to strengthen their use of technology and create a highly skilled workforce. He announced plans to set up a Logistics University, Civil Aviation University and Green Energy University.

An advisory body for Quantum Valley will mentor startups with venture capital support, while the Ratan Tata Innovation Hub will guide emerging entrepreneurs. Naidu proposed allocating the six towers of Quantum Valley with a balanced focus—two for quantum algorithms, two for artificial intelligence, and two for other deep-tech verticals.

He also instructed officials to introduce AI basics from Class 7, with curriculum development support from Microsoft and Google.

Technologies and their use cases, he said, must “reach every household”, ensuring that innovation translates into real-time benefits for citizens.

Also Read: Redrawing Andhra’s governance map: CM Naidu clears proposals for 3 new districts

Tourism push

Calling for aggressive promotion of tourism, Naidu asked officials to attract national and international hospitality brands. 50 acres have already been earmarked at Kapuluppada in Visakhapatnam for hotels and convention centres. A master plan is being prepared and incentives will be tailor-made based on project size. An escrow-based mechanism will be used for incentive disbursal.

Naidu said Andhra Pradesh should emulate global sovereign funds such as those in the UAE and Dubai. He announced the creation of a Rs 500 crore state sovereign fund to support early-bird incentives and strategic investments.

He projected the livestock sector to reach Rs 8 lakh crore and said guidelines will soon be issued. He suggested utilising DWCRA groups to produce cattle fodder under NREGA support. Nine districts will be developed as horticulture hubs. With the Centre allocating Rs 40,000 crore under the Purvodaya scheme, Andhra must position itself to attract high-value investments. Strengthening road, rail, air and water connectivity, he said, will be vital for horticulture exports.

Speaking at the meeting, IT and Industries Minister Nara Lokesh stressed that approvals should only be granted after thorough scrutiny of each company, even as the government ensures there are no bottlenecks. He stressed strict adherence to the Speed of Doing Business (SoDB) policy to ensure that neither government nor investors lose time.

Also Read: Lokesh on US tour again from 6 December to scout for investments in Andhra

Companies Approved by SIPB

The cumulative investment approved in 13 SIPB meetings has now reached Rs 8.29 lakh crore, with a job potential of 7.62 lakh. The latest approvals include:

Chinta GreenEnergy Ltd – ₹8,500 cr – 5,800 jobs

Ganeco Three Energy – ₹2,140 cr – 1,000 jobs

Shreshtha Renewables – ₹70 cr – 339 jobs

QpiAI Labs Pvt Ltd – ₹47 cr – 9 jobs

Qubitech Smart Solutions – ₹15 cr – 30 jobs

QClairvoyance Quantum Labs – ₹14 cr – 5–12 jobs

Cybranex – ₹10 cr – 10–15 jobs

Qubeats – ₹37 cr – 40 jobs

Centella AI – ₹6 cr – 40 jobs

Fortytwo42 Technology Innovations – ₹9 cr – 5–8 jobs

Cipsa Tech India – ₹1,140 cr – 1,251 jobs

Shree Tammina Software Solutions – ₹62 cr – 500 jobs

ACN Healthcare RCM – ₹30 cr – 600 jobs

Nonrel Technologies – ₹50.67 cr – 567 jobs

PVR Hospitalities – ₹225 cr – 1,230 jobs

Meglon Leisures – ₹348 cr – 1,700 jobs

Yaganti Estates – ₹61 cr – 250 jobs

Naandi Hotels – ₹150 cr – 222 jobs

Reliance Consumer Products – ₹1,622 cr – 1,200 jobs

Ramayapatnam Cargo Reception Terminal – ₹1,615 cr – 1,300 jobs

Sagar Defence Engineering – ₹45 cr – 300 jobs

TGV SRAAC – ₹1,216 cr – 400 jobs

Sri Venkateswara Biotech – ₹122 cr – 184 jobs

Emerge Glass Industries – ₹182 cr – 415 jobs

Zeit Energies – ₹305 cr – 300 jobs

Global Food Park – ₹141 cr – 600 jobs

Gayathri Renewable Fuels – ₹320 cr – 700 jobs

Malladi Pharma – ₹343 cr – 355 jobs

Virupaksha Organics – ₹1,225 cr – 1,500 jobs

Ramuka Global Eco Works – ₹193 cr – 426 jobs

Mass Fabric Park – ₹200 cr – 35,000 jobs

(Edited by Amit Vasudev)

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