Official: CBN Confirms 1.21 lakh crore investment

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It is known that the government of Andhra Pradesh led by chief minister, Chandrababu Naidu and deputy chief minister Pawan Kalyan has been working proactively when it comes to inviting investments to the state.

In this context, chief minister, Chandrababu has confirmed the approval of 1.21 lakh crore investment to the state.

A short while back, Babu tweeted “The GoAP is accelerating development and job creation.
At the 4th SIPB meeting held today, we approved investments worth ₹1,21,659 Cr from 10 new projects, paving the way for over 80,104 jobs. We’re also establishing MSME Parks in all 175 constituencies, starting with one per district in 26 districts immediately.

Additionally, five Ratan Tata Innovation Hubs will be set up within a month to support new ideas and businesses. These steps aim to boost employment and industrial growth across Andhra Pradesh.”

This confirms that investments worth ₹1.21 lakh crore has been approved and additionally 80k+ jobs will be created through the mentioned 10 projects.

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