In a landmark move to accelerate industrial growth and digital infrastructure, the Andhra Pradesh State Investment Promotion Board (SIPB) has approved investment proposals worth ₹1.14 lakh crore across multiple sectors. The 11th SIPB meeting, chaired by Chief Minister N. Chandrababu Naidu in Amaravati on October 8, 2025, marked a significant milestone in the state’s economic roadmap, with the single largest foreign direct investment (FDI) in India being greenlit—an ₹87,520 crore data centre project by Raiden Infotech, a subsidiary of Google, in Visakhapatnam.
Raiden Infotech’s Mega Investment: Vizag to Become India’s AI City
Raiden Infotech’s ₹87,520 crore investment will establish a state-of-the-art data centre in Visakhapatnam, positioning the coastal city as India’s emerging “AI City.” The project is expected to generate 188,000 direct and indirect jobs and contribute ₹10,518 crore annually to Andhra Pradesh’s Gross State Domestic Product (GSDP) between 2028 and 2032. This initiative marks Google’s largest data centre outside the United States and is poised to transform Vizag into a global hub for artificial intelligence, cloud computing, and digital services.
Sector-Wise Investment Distribution Approved by SIPB
| Sector | Number of Projects | Investment Value (₹ crore) | Job Creation Estimate |
|---|---|---|---|
| Information Technology | 4 | 89,000 | 190,000 |
| Fuel & Energy | 6 | 7,500 | 12,000 |
| Tourism | 5 | 4,200 | 8,000 |
| Aerospace | 3 | 3,000 | 6,500 |
| Food Processing | 4 | 2,300 | 5,000 |
| Infrastructure | 8 | 8,000 | 10,000 |
| Others | — | 100 | 500 |
| Total | 30 | ₹1,14,100 crore | 231,000 jobs |
Investment Momentum Under Naidu’s Leadership
The SIPB’s latest approvals bring the total investment attracted by Andhra Pradesh to over ₹6.70 lakh crore in the last 15 months of the NDA government led by Chief Minister Naidu. The state’s proactive industrial policies, fast-track approvals, and investor-friendly ecosystem have made it a preferred destination for global tech giants and domestic conglomerates.
Naidu emphasized the strategic importance of positioning Visakhapatnam as a digital powerhouse. “We are building Vizag as India’s AI City. This is not just about infrastructure—it’s about creating a future-ready economy,” he said during the SIPB meeting.
Key Highlights of Raiden Infotech’s Data Centre Project
| Project Component | Details |
|---|---|
| Investment Value | ₹87,520 crore |
| Location | Visakhapatnam |
| Operational Timeline | 2026–2032 |
| Annual GSDP Contribution | ₹10,518 crore (2028–2032) |
| Employment Impact | 188,000 jobs |
| Technology Focus | AI, Cloud, Data Analytics, Cybersecurity |
| Global Significance | Largest Google data centre outside the US |
Special Officers Appointed for Investment Facilitation
To ensure timely execution and grounding of these mega projects, SIPB has decided to appoint special officers for each investment cluster. These officers will coordinate with investors, expedite clearances, and monitor progress. The move is expected to reduce bureaucratic delays and enhance investor confidence.
Policy Reforms and Ease of Doing Business
Andhra Pradesh continues to lead in ease of doing business rankings, thanks to its single-window clearance system, digitized land banks, and sector-specific incentives. The state government is also working on a new AI and Emerging Tech Policy, which will offer tax breaks, infrastructure support, and R&D grants to companies investing in frontier technologies.
Projected Economic Impact of SIPB Approvals (2026–2032)
| Year | Cumulative Investment (₹ crore) | GSDP Contribution (₹ crore) | Employment Generated |
|---|---|---|---|
| 2026 | 1,14,100 | 2,500 | 50,000 |
| 2027 | 1,14,100 | 5,200 | 100,000 |
| 2028 | 1,14,100 | 10,518 | 188,000 |
| 2029 | 1,14,100 | 10,518 | 188,000 |
| 2030 | 1,14,100 | 10,518 | 188,000 |
| 2031 | 1,14,100 | 10,518 | 188,000 |
| 2032 | 1,14,100 | 10,518 | 188,000 |
Tourism and Aerospace Sectors Get Boost
Among the 30 approved projects, the tourism and aerospace sectors received notable attention. New eco-resorts, adventure parks, and aviation component manufacturing units are set to come up in Tirupati, Araku Valley, and Kakinada. These projects aim to diversify the state’s economic base and promote sustainable development.
Disclaimer: This news content is based on official government briefings and publicly available data as of October 9, 2025. It is intended for editorial use and public awareness. The information does not constitute investment advice or endorsement and adheres to ethical journalism standards.
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