· Manufacturing & Investment · Source: thehindubusinessline.com

AP SIPB clears new investment proposals worth ₹30,515 cr

Andhra Pradesh State Investment Promotion Board (SIPB) has approved investment proposals worth ₹30,515 crore from 50 companies, expected to generate nearly 29,677 jobs across sectors. Chief Minister N. Chandrababu Naidu, who chaired the meeting, emphasized converting investments into employment and entrepreneurship opportunities. He also stressed strengthening start-ups through the Ratan Tata Innovation Hub and improving access to venture capital, aiming to build a robust innovation-driven industrial ecosystem in the state.

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