Shree Cement Proposes Rs. 67 bn Investment in Andhra Pradesh
ECONOMY & POLICY

Shree Cement Proposes Rs. 67 bn Investment in Andhra Pradesh

Shree Cement plans to invest Rs. 67 bn in Andhra Pradesh, with the proposed projects expected to create employment and livelihood opportunities for around 3,000 people, industries, commerce and food processing minister T.G. Bharat said. The investment proposal was discussed during a meeting between company representatives and the minister in Visakhapatnam.

The company is particularly interested in expanding its operations in Kadapa, Palnadu and Anakapalli districts, according to Bharat. The proposed projects are expected to support industrial development across the state while generating direct and indirect employment opportunities.

Bharat said the Andhra Pradesh government was prioritising industrial development and employment generation. It was also working to create an investor-friendly environment to attract companies and facilitate the establishment of new industrial projects.

Several leading companies were showing interest in investing in Andhra Pradesh under the leadership of Chief Minister N. Chandrababu Naidu, Bharat said. The government was extending the necessary support and cooperation to companies seeking to establish industries in the state.

Shree Cement vice-chairman Prashant Babu was among the company representatives who met the minister. The discussions focused on the company’s proposed investment and its interest in developing operations in the three identified districts. The state government’s support is intended to help advance the plans and strengthen industrial activity in Andhra Pradesh.

Shree Cement plans to invest Rs. 67 bn in Andhra Pradesh, with the proposed projects expected to create employment and livelihood opportunities for around 3,000 people, industries, commerce and food processing minister T.G. Bharat said. The investment proposal was discussed during a meeting between company representatives and the minister in Visakhapatnam. The company is particularly interested in expanding its operations in Kadapa, Palnadu and Anakapalli districts, according to Bharat. The proposed projects are expected to support industrial development across the state while generating direct and indirect employment opportunities. Bharat said the Andhra Pradesh government was prioritising industrial development and employment generation. It was also working to create an investor-friendly environment to attract companies and facilitate the establishment of new industrial projects. Several leading companies were showing interest in investing in Andhra Pradesh under the leadership of Chief Minister N. Chandrababu Naidu, Bharat said. The government was extending the necessary support and cooperation to companies seeking to establish industries in the state. Shree Cement vice-chairman Prashant Babu was among the company representatives who met the minister. The discussions focused on the company’s proposed investment and its interest in developing operations in the three identified districts. The state government’s support is intended to help advance the plans and strengthen industrial activity in Andhra Pradesh.

Related Stories

Gold Stories

Next Story
Technology

Where Infrastructure Meets Intelligence: Inside Bentley's Year inc

Oct 28, 2026  @Tanveer PadodeA first-hand account of Bentley’s 2026 awards, where AI, digital twins and engineering innovation are reshaping infrastructure delivery.- By Tanveer Padode, CEO, IMPACCT: A first-hand account of Bentley’s 2026 awards, where AI, digital twins and engineering innovation are reshaping infrastructure delivery.Two days in SingaporeConstruction is won or lost in two places: how a project is designed and how it is delivered. Technology has promised to improve both for years, and the question I carried into Bentley's Year in Infrastructure, held at the Fairmont Si..

Next Story
Infrastructure Transport

Vaishnaw Inaugurates Two Rail Sections in Madhya Pradesh

Railway Minister Ashwini Vaishnaw on October 24 inaugurated the Satna-Devendranagar and Rewa-Churhat rail sections under the Lalitpur-Singrauli Railway Project in Madhya Pradesh. He also flagged off the new Devendranagar-Churhat passenger train service through video conferencing. Chief Minister Dr Mohan Yadav attended the event. The new Rewa-Churhat railway line, which extends approximately 65 km, was built at a cost of over Rs. 10 bn. The 53 km Satna-Devendranagar line was constructed at a cost of over Rs. 8 bn. The passenger service is expected to provide improved rail access to residents in..

Next Story
Infrastructure Transport

Railways Minister to Inaugurate New Rail Sections Covering 118 km

Railways Minister Ashwini Vaishnaw will inaugurate the Satna-Devendra Nagar and Rewa-Churhat rail sections in Madhya Pradesh on October 24. The two sections have a combined length of 118 km and are intended to improve passenger and freight connectivity across the region. Vaishnaw will also flag off a new train service between Devendra Nagar and Churhat. Madhya Pradesh Chief Minister Mohan Yadav will attend the inauguration programme, according to information released by the Ministry of Railways. The 53-km Satna-Devendra Nagar section is expected to improve rail access to Satna, Nagod, Devendra..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code