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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.
Chandrababu Naidu has unveiled plans to establish Andhra Pradesh as India's drone capital, aiming to train 35,000 drone pilots to meet industry demands. A comprehensive drone policy will be introduced within 15 days to create a favorable environment for manufacturers. Naidu highlighted the role of drones in disaster response, urban traffic management, and agricultural enhancement.
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