Andhra Clears Rs 311.67 Bn Investments, Targets 32,000 New Jobs

14 Apr 2025 CW Team

The Andhra Pradesh State Investment Promotion Board (SIPB), in its fifth meeting chaired by Chief Minister N Chandrababu Naidu, approved investment proposals worth Rs 311.67 billion. These proposals, coming from 17 different companies, are expected to create approximately 32,633 job opportunities across the state.

The approved investments span a range of key sectors including food processing, information technology, energy, and others. The SIPB meeting aimed at not only attracting large-scale investments but also ensuring their effective implementation at the grassroots level.

During the meeting, the Chief Minister emphasized the importance of tracking the actual progress of investments. He instructed officials to present a detailed report in the next SIPB meeting outlining the extent of materialised investments and the number of jobs generated so far.

In a move aimed at further boosting the IT sector, State IT Minister Nara Lokesh suggested offering land to IT companies at nominal rates. The proposal was accepted by the Chief Minister, who then directed officials to update the existing IT policy to facilitate this incentive.

The approvals are expected to enhance industrial growth in the state, boost employment, and strengthen Andhra Pradesh’s position as a preferred investment destination.

News source: The Print

Image Source:www.thehansindia.com

Infrastructure Transport

15 Oct 2025

BMC Gets CRZ Nod For Rs 40 Million Gorai Bridge Rebuild

The Brihanmumbai Municipal Corporation (BMC) has secured Coastal Regulation Zone (CRZ) clearance for the reconstruction of the Poisar River bridge in Gorai, located in Mumbai’s western suburbs. However, the proposed demolition of the existing 100-metre bridge has sparked opposition from local residents, who claim it serves as the only direct access route between the Lower and Upper Koliwada areas. The three-decade-old bridge, situated within the CRZ buffer zone, was recently declared structurally unsafe following a civic audit. The BMC has sanctioned its reconstruction at an estimated cost ..

NHAI Completes Rs 15.9 Billion Four-Lane Stretch On ECR

The National Highways Authority of India (NHAI) has completed the four-laning of the 38 km Puducherry–Poondiyankuppam stretch, ending near Cuddalore, in a development that will cut travel time by up to two hours, according to a report by The New Indian Express. The upgraded section, built at a cost of Rs 15.9 billion under the Bharatmala Pariyojana Phase I, marks a major milestone in the ongoing East Coast Road (ECR) widening programme. The project promises a smoother, faster drive for motorists travelling towards Cuddalore, Chidambaram, Sirkazhi, and Nagapattinam. With this completion, 22..

Encroachments Delay Rs 1 Billion Ghatkopar Bridge Project

The construction of a new cable-stayed rail overbridge at Ghatkopar and the widening of the Andheri–Ghatkopar Link Road (AGLR) have been delayed due to the presence of nearly 250 encroached structures on both sides of the road. In response, Municipal Commissioner Bhushan Gagrani has directed officials to carry out a structural audit of the existing bridge over the railway line and enforce temporary restrictions on heavy vehicles to ensure public safety. The bridge, which starts at the Golibar Road junction near LBS Marg and extends up to the Eastern Express Highway (EEH), serves as a critic..