The Andhra Pradesh government has entered into a landmark agreement with the Hinduja Group for a phased investment of Rs 20,000 crore in the state, formalised during N. Chandrababu Naidu’s UK visit.
Under the Memorandum of Understanding, key projects include the expansion of the existing 1,050 MW thermal-power plant in Visakhapatnam by 1,600 MW, along with the development of large-scale solar and wind farms in the Rayalaseema region. The pact also covers the setting up of an electric-bus and light-commercial-vehicle manufacturing unit at Mallavalli (Krishna district) and the creation of a statewide EV-charging-station network.
Chief Minister Naidu described the deal as a significant step in positioning Andhra Pradesh as a hub for green energy and electric mobility, signalling the state’s commitment to investor-friendly policies and fast-track clearances for large-scale projects.
This investment drive aligns with the state’s broader agenda to invite global capital in sectors such as renewable energy, advanced manufacturing and electric mobility. The agreement is expected to generate substantial employment opportunities and bolster Andhra Pradesh’s industrial ecosystem.
