Andhra Pradesh is attracting fresh investments in technology and clean energy. A major announcement at the CII Partnership Summit in Visakhapatnam has added to the state’s growing industrial plans.
Renewable energy company ReNew has announced investments worth around ₹80,000 crore across several projects in the state.
The largest part of the investment, around ₹67,000 crore, will go towards a 1 GW green hyperscale data centre in Anakapalli.
The company also plans to invest ₹11,000 crore in polysilicon and metallurgical silicon manufacturing facilities in Anakapalli and Nellore.
Another ₹1,500 crore is planned for a permanent magnet manufacturing facility in Rambilli. The company expects this unit to be ready by March 2029.
ReNew will also establish a technical training centre in Visakhapatnam under the PM SETU scheme.
The projects are expected to strengthen Andhra Pradesh’s technology, clean energy and manufacturing sectors.
