The Andhra Pradesh State Investment Promotion Board, led by Chief Minister N Chandrababu Naidu, has approved investments totaling Rs 85,083 crore, projected to create nearly 34,000 jobs. Key projects include an integrated steel plant by ArcelorMittal and Nippon Steels, which will invest Rs 61,780 crore and employ 21,000 people. Other notable investments come from LG Electronics, Kalyani Strategies, Phillips Carbon Black, and Azad India Mobility, contributing to significant job creation in the region.