Amaravati, January 07, 2026: The 14th meeting of the Andhra Pradesh State Investment Promotion Board (SIPB), chaired by Chief Minister N Chandrababu Naidu, cleared investment proposals worth ₹19,391 crore from 14 companies.
These span key sectors like renewable energy, power, tourism, food processing, and industry, with an expected 11,753 new jobs for the state's youth.
Standout approvals feature Tata Power Solar's massive ₹6,675 crore project in Ramayapatnam (Nellore) for advanced solar ingot and wafer manufacturing, alongside Shridi Sai Electricals (₹5,571 crore, Kadapa), Websol Renewable (₹3,538 crore, Naidupeta), and Ramco Cements (₹1,500 crore, Nandyal).
Other projects boost tourism in coastal areas like Bapatla and food processing in Tirupati and Anantapur.
