25 projects, 21,627 jobs: SIPB approvals take two-year tally to ₹13.78 lakh crore
Chairing the 20th State Investment Promotion Board meeting, the Chief Minister asked officials to complete the remaining 37 MSME parks by September and the Mulapeta port by December, and to focus on green ammonia, lithium batteries and robotics
On August 12, 2026, the Andhra Pradesh Chief Minister, N. Chandrababu Naidu, chaired the 20th meeting of the State Investment Promotion Board (SIPB) to approve 25 projects, creating 21,627 jobs, and increasing the total approved investment to ₹13.78 lakh crore. Mr. Naidu emphasized the importance of proper timing and sustainability of industrial incentives while directing officials to establish escrow accounts to ensure timely disbursement.
The state government is focusing on emerging sectors such as green ammonia, lithium batteries, and robotics, and plans to promote rural development through industrial projects. Additionally, the Chief Minister addressed concerns about data centers' water consumption and called for the completion of the Mulapeta port by December.
With a goal of integrating logistics and modern warehousing, the government aims to connect Rayalaseema's horticultural produce to international markets. The Chief Minister urged officials to speed up projects under signed investment agreements and complete the remaining 37 MSME parks by September, ensuring industrial estates are available in all Assembly constituencies.
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