Andhra Pradesh SIPB clears investment proposals worth ₹85,000 crore; 10 industries to create 34,000 jobs
Chief Minister N. Chandrababu Naidu chaired the State Investment Promotion Board meeting at the Secretariat on Tuesday (November 19, 2024) .
| Photo Credit: Special Arrangement
The Andhra Pradesh State Investment Promotion Board (SIPB) has decided to provide incentives based on the number of jobs created by these projects, in line with the recently announced industrial policy.The SIPB’s first meeting was held under the chairmanship of Chief Minister N. Chandrababu Naidu on Tuesday (November 19, 2024), in which approvals were given for investments worth ₹85,000 crore. The meeting discussed investment proposals and agreements made in the past five months and their progress. It also reviewed the status of the ag...