Andhra Pradesh converts 526 investment proposals worth Rs. 17.1 lakh crore into projects

Andhra Pradesh has converted 526 of its 714 investment proposals into projects worth Rs. 17.1 lakh crore, with 303 grounded. Separately, APIIC has taken possession of 24,673 acres for industrial purposes since June 2024, its report shows

Amaravati: Andhra Pradesh has converted 526 of its 714 investment proposals into projects involving investments of Rs. 17.1 lakh crore. Of these, 303 projects worth Rs. 7.3 lakh crore have been grounded, according to the State government’s November 2026 project status report.

The report, released on Sunday, lists 714 investment proposals with a total investment intent of Rs. 22.6 lakh crore and the potential to generate employment for 19.2 lakh people.

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“Of the 714 investment proposals received, 526 have been converted into projects involving Rs. 17.1 lakh crore, while 303 projects worth Rs. 7.3 lakh crore have reached the ground stage,” the report said.

The remaining 188 proposals, involving investments of Rs. 5.5 lakh crore and potential employment for 6.3 lakh people, are yet to be converted into projects, it said.

The Industries Department accounts for 219 proposals involving an investment intent of Rs. 6.1 lakh crore and potential employment for 6.9 lakh people.

Of these, 165 have been converted into projects involving Rs. 5.4 lakh crore, while 95 have been grounded, involving investments of Rs. 2.8 lakh crore, the report said.

The IT and Electronics sector has 119 proposals worth Rs. 6.4 lakh crore. Of these, 88 have been converted into projects involving Rs. 4.6 lakh crore, while 35 have been grounded, involving Rs. 1.2 lakh crore.

The New and Renewable Energy Development Corporation accounts for 140 proposals involving Rs. 8.5 lakh crore, of which 111 have been converted into projects and 52 have been grounded.

The grounded projects involve investments of Rs. 2.7 lakh crore and have the potential to generate employment for 3.1 lakh people, according to the department-wise summary.

Food processing accounts for 49 proposals worth Rs. 19,000 crore, of which 41 have been converted into projects and 31 have been grounded. Tourism has 126 proposals involving investments of Rs. 24,000 crore.

The project list includes proposals in steel, solar manufacturing, data centres, electronics, pharmaceuticals, food processing, hospitals, textiles, aviation and tourism across several districts.

Anakapalli district has several industrial proposals, including the ArcelorMittal Nippon Steel India project and a proposed data centre involving an investment of Rs. 85,200 crore. Visakhapatnam has proposals in information technology, data centres and other services, with major IT investments by several companies, the report said.

Separately, the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) has taken possession of 24,673 acres for industrial purposes since June 2024, according to its land availability report.

Its industrial land bank stands at over 1.1 lakh acres across the State, of which 45,664 acres are available for allotment and 65,228 acres are under development.

Since June 2024, the corporation has requisitioned 88,955 acres, including 31,315 acres of government land. Of the government land, 14,796 acres, or 47 per cent, have been handed over to APIIC, the report said.

Prakasam district recorded the largest area taken into possession, at 5,790 acres, followed by Anakapalli with 3,152 acres and Kurnool with 2,517 acres. The five leading districts together accounted for 15,320 acres, or 62 per cent of the total.

APIIC has allotted 33,474 acres to industries since 2014, including 6,392 acres in 2025 and 5,845 acres in 2026, the report said.

On infrastructure development, APIIC reported laying 289.2 km of roads and 370.7 km of water-supply pipelines during 2024-26, at an expenditure of Rs. 2,747.3 crore. It is developing 175 micro, small and medium enterprise (MSME) parks and has approved 11 private industrial parks covering 4,596 acres since June 2024.