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Nod to ₹31K cr investment proposals

The Morning Standard

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April 11, 2025

SIPB meeting clears investments by 17 organisations in sectors like energy & food processing

- EXPRESS NEWS SERVICE @ Vijayawada

Nod to ₹31K cr investment proposals

THE fifth State Investment Promotion Board (SIPB) meeting held under the chairmanship of Chief Minister N Chandrababu Naidu at the State Secretariat on Thursday cleared investment proposals to the tune of ₹30,667 crore.

The SIPB meeting approved investments by 17 organisations in sectors like I and C, food processing, IT and energy to create 32,133 jobs. During all the five meetings held so far after the formation of the coalition government, investment proposals to the tune of ₹4,70,879 crore related to 57 firms were cleared. A total of 4,16,688 jobs will be provided.

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