Andhra Pradesh receives 340 investment proposals during the Global Investor Summit
ECONOMY & POLICY

Andhra Pradesh receives 340 investment proposals during the Global Investor Summit

Andhra Pradesh recently hosted a high-profile event that highlighted the state's advantages to global business leaders. The event was attended by several dignitaries and industry leaders, who shared their insights on the state's potential for growth and development. YS Jagan Mohan Reddy...

Andhra Pradesh recently hosted a high-profile event that highlighted the state's advantages to global business leaders. The event was attended by several dignitaries and industry leaders, who shared their insights on the state's potential for growth and development. YS Jagan Mohan Reddy, Chief Minister, Andhra Pradesh, stated, “It is a proud moment to announce that the state has received 340 investment proposals with investment of about Rs 13 trillion, providing employment to almost 600,000 people across 20 sectors distributed all along the state.” The CM also pointed out the potential of the state in the renewable energy sector. “Andhra Pradesh is blessed with a large renewable energy potential of 82.5 GW. It is one of the very few states in India that has combined potential for solar, wind and pumped storage. We have also identified and set aside dedicated land parcels for wind, solar and pumped storage projects”, he stated. Andhra Pradesh is India’s gateway to the southeast with its 974 km long coastline, the second longest in the country, six existing ports, and four upcoming ports. Coincidently, it has also emerged as the fastest-growing state in India, as per the numbers released so far, with double-digit growth of 11.43 per cent in 2021-22.

Next Story
Infrastructure Urban

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Next Story
Infrastructure Transport

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

Next Story
Infrastructure Transport

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?