The Andhra Pradesh State Investment Promotion Board (SIPB), led by Chief Minister N. Chandrababu Naidu, has given its crucial nod to four new projects totalling an investment of Rs 20,216 crore. 

These significant ventures are anticipated to create a substantial 50,600 direct and indirect employment opportunities across various sectors in the state.

The approvals came during the ninth SIPB meeting, held on Tuesday, July 22, 2025, underscoring the state government's intensified efforts to attract capital and boost industrial growth. 

The projects are from prominent companies in the digital, infrastructure, energy, and services sectors, signalling a diversified approach to investment promotion.

Chief Minister Naidu emphasized the importance of developing a "symbiotic ecosystem" around these upcoming industrial projects, ensuring mutual benefits for industries, local communities, and associated institutions. 

He also stressed the need for robust infrastructure, including roads, ports, airports, and utilities, to support industrial growth and build confidence among local communities.