Amaravati: Chief Minister Nara Chandrababu Naidu on Friday approved a slew of industrial investments totaling Rs 1,01,899 crore across 26 projects during the 12th State Investment Promotion Board (SIPB) meeting, creating employment for nearly 85,870 persons. The approvals raise the total investments cleared by the SIPB since June 2024 to Rs 8,08,899 crore, generating over 7 lakh jobs in 16 months.

Naidu, chairing the meeting at the Secretariat, directed officials to ensure the immediate grounding of the projects reviewed for clearance and facilitate the investors in obtaining required land and permissions without bureaucratic delay. “Officials must take responsibility for converting approvals into operational industries. Any project that remains idle should have its permissions revoked,”

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