Amaravati, January 7, 2026: In its 14th meeting, the State Investment Promotion Board (SIPB) of Andhra Pradesh approved 14 new investment proposals worth ₹19,391 crore, a move expected to generate around 11,753 jobs across key sectors including tourism, food processing and energy. Chaired by Chief Minister N. Chandrababu Naidu, the board highlighted that this approval adds to the state’s broader investment portfolio, which has cumulatively reached ₹8.75 lakh crore with potential to create up to 8.36 lakh jobs. The meeting also underscored strategic plans for a 15-kilometre pollution-free beach stretch at Suryalanka to boost tourism, industrial land development near Kopparthi and a push for enhanced competitiveness in the power sector with reduced tariffs aimed at attracting energy-intensive investments like data centres. Naidu praised strong coordination between political leadership and bureaucracy, urging seamless execution of projects, and also inaugurated the AP IT Infrastructure portal during the session. Officials said that the investment approvals reflect growing confidence among investors and reinforce Andhra Pradesh’s position as a preferred business destination in South India.
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