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Nod to 19 projects worth ₹33K cr
The Morning Standard
|May 16, 2025
Expected to generate employment for 34,621 people in energy, tourism & IT, says CM Naidu
THE sixth State Investment Promotion Board (SIPB) meeting, held under the chairmanship of Chief Minister N Chandrababu Naidu at the State Secretariat on Thursday, approved ₹33,000 crore investments related to 19 projects, which are expected to generate employment for 35,000 people in the Energy, Tourism, IT, and Electronics sectors.
The SIPB, which had six meetings in the past 11 months, has given its consent for ₹4,95,796 crore investments with regard to 76 projects, creating a total of 4,50,934 jobs.
Officials stated that the state is making significant progress in industrial growth, with both national and global organizations showing keen interest in investing in the State due to the new policies adopted by the government.
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