Post by : Badri Ariffin

In a landmark move set to reshape Andhra Pradesh's industrial and digital landscape, the Adani Group has announced plans to invest ₹1,00,000 crore over the next decade across multiple sectors including ports, cement, energy, data centres, and advanced manufacturing.

This new investment comes in addition to the ₹40,000 crore already poured into the state by the conglomerate, covering ports, logistics, cement, infrastructure, and renewable energy projects. The announcement was made at the Andhra Pradesh Investor Summit, signaling a renewed focus on creating large-scale economic opportunities.

Vizag Tech Park: A Green-Powered Digital Hub

A centerpiece of the investment is the ambitious Vizag Tech Park, a $15-billion initiative that aims to establish one of the world's largest hyperscale data-centre ecosystems in partnership with Google. Designed to run entirely on green energy, the tech park is expected to become a cornerstone of India’s digital infrastructure, emphasizing sustainability and technological innovation.

Karan Adani, Managing Director of Adani Ports and Special Economic Zone Ltd (APSEZ), described the project as “not just another tech park, but the foundation of India’s digital sovereignty.” He highlighted the park’s potential to catalyze growth, innovation, and a startup-friendly ecosystem in the state.

Employment and Economic Impact

Adani Group’s existing operations in Andhra Pradesh have already created over one lakh direct and indirect jobs, with further large-scale employment expected through upcoming projects. The expansion promises to generate livelihoods across sectors and strengthen local skill development, providing a significant boost to the state’s economy.

Strong Local Governance Support

Speaking at the summit, Karan Adani praised Chief Minister N. Chandrababu Naidu as “an institution and the original CEO of Andhra Pradesh,” and lauded IT and HR Development Minister Nara Lokesh for fostering efficient governance and a culture of speed in the state. The collaboration between the government and private sector is being positioned as a model for sustainable industrial growth in India.

#Business News #Economic