Foundation Stone for Gandikota Project on 1 August
ECONOMY & POLICY

Foundation Stone for Gandikota Project on 1 August

Tourism Minister Kandula Durgesh announced on Wednesday that Andhra Pradesh Chief Minister N. Chandrababu Naidu will lay the foundation stone for the Gandikota tourism project in YSR Kadapa district on 1 August. The project, with an estimated cost of Rs 780 million, is being undertaken under the Special Assistance to States for Capital Investment (SASCI) scheme with support from the Central Government.
To further boost tourism in the State, the Andhra Pradesh Tourism Development Corporation (APTDC) will host an exhibition in Udaipur, Rajasthan, on 2 and 3 August. This event will serve as a platform to engage potential investors and entrepreneurs and encourage their participation in the State’s tourism sector.
The Minister also shared plans to hold a two-day partnership summit in Visakhapatnam on 14 and 15 November, aimed at attracting investments across various industries. A Cabinet sub-committee has been established for this purpose, chaired by HRD and IT Minister Nara Lokesh, with Kandula Durgesh and other members.
“The focus is to draw strategic investments into Andhra Pradesh across sectors, particularly tourism,” he said. 

Tourism Minister Kandula Durgesh announced on Wednesday that Andhra Pradesh Chief Minister N. Chandrababu Naidu will lay the foundation stone for the Gandikota tourism project in YSR Kadapa district on 1 August. The project, with an estimated cost of Rs 780 million, is being undertaken under the Special Assistance to States for Capital Investment (SASCI) scheme with support from the Central Government.To further boost tourism in the State, the Andhra Pradesh Tourism Development Corporation (APTDC) will host an exhibition in Udaipur, Rajasthan, on 2 and 3 August. This event will serve as a platform to engage potential investors and entrepreneurs and encourage their participation in the State’s tourism sector.The Minister also shared plans to hold a two-day partnership summit in Visakhapatnam on 14 and 15 November, aimed at attracting investments across various industries. A Cabinet sub-committee has been established for this purpose, chaired by HRD and IT Minister Nara Lokesh, with Kandula Durgesh and other members.“The focus is to draw strategic investments into Andhra Pradesh across sectors, particularly tourism,” he said. 

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement