Andhra CM inaugurates multiple projects worth over 3,000 cr

06 Oct 2023 CW Team

Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy, in a virtual ceremony on Wednesday, inaugurated three significant projects and laid the foundation for nine more, collectively valued at Rs 3,008 crore. These initiatives are expected to generate employment opportunities for over 7,000 individuals in the state.

Among the projects inaugurated, the Chief Minister unveiled the Rs 800 crore industrial unit of Greenlam South Group in Naidupeta, located in Tirupati district. Additionally, he inaugurated DP Chocolates' cocoa butter and chocolates unit in Sri City, an investment of Rs 325 crore. The launch also included the opening of the AP Food Processing Society's banana processing cluster in Brahmanapalli, YSR Kadapa district, with an investment of Rs 4 crore.

Addressing industrialists during the event, Chief Minister Reddy emphasized the government's commitment to supporting businesses and pledged quick resolution of any challenges they may face when launching their units in the state. He assured them that his administration is readily available to assist in their endeavors.

Furthermore, Chief Minister Reddy laid the foundation stone for several other projects, including Eco Steel India's Rs 544 crore bio-ethanol unit in Jajarakallu, Anantapur district; Everest Steel's Rs 250 crore building unit in Madakasira, and United Industries Auto Plastic's Rs 125 crore unit, among others.

These initiatives reflect the government's dedication to fostering economic growth and employment opportunities within Andhra Pradesh, further reinforcing the state's position as an attractive destination for industrial investment.

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