Amaravati, November 15, 2025: Andhra Pradesh Chief Minister N Chandrababu Naidu remotely launched five industrial facilities in Sri City, a multiproduct Special Economic Zone in Tirupati district, and oversaw agreements for 12 additional ventures valued at ₹2,320 crore during the 30th CII Partnership Summit in Visakhapatnam.
The new projects span engineering, food processing, and pharmaceuticals, poised to create 12,365 employment opportunities and bolster the state's manufacturing ecosystem, including electronics clusters and warehousing zones.
Naidu hailed Sri City as India's premier industrial township, home to global players like Daikin, Isuzu, and Cadbury, and announced plans to allocate 6,000 more acres for expansion, drawing firms from over 50 nations. "This is the first time we're setting up escrow accounts as incentives," he said, committing to an airstrip nearby to make it a development benchmark with 1.5 lakh workers soon.
The move aligns with approvals for ₹8.8 lakh crore in healthcare, engineering, electronics, automobiles, and medical devices from Belgium, Japan, the UK, Germany, and Australia.
