It is already known that the Andhra Pradesh delegation is participating in the ongoing WEF Summit in Davos, Switzerland. And now, IT minister, Nara Lokesh has a huge announcement to make with regard to a massive new investment project coming up in Andhra Pradesh.
A short while back, Lokesh announces a landmark $10 billion strategic infrastructure partnership between Andhra Pradesh and RMZ Group.
The partnership will deliver a 10 million sq. ft. Global Capability Centre Park and a 1 GW hyperscale data centre cluster in Visakhapatnam, positioning the city as a major digital, GCC and AI hub, while also establishing a 1,000-acre industrial and logistics park in Rayalaseema to drive balanced regional growth.
With the potential to create one lakh jobs across IT, data centres, manufacturing and logistics, this investment reflects Andhra Pradesh’s strong policy clarity, execution certainty and our unwavering commitment to Speed of Doing Business.
The landmark Rs 90,000 crore strategic partnership with RMZ Group announced by Lokesh will transform Visakhapatnam into a Global Capability Centre, AI and hyperscale data hub, while boosting industrial and logistics development in Rayalaseema.
This post was last modified on 20 January 2026 9:07 pm
Some combinations create excitement even before their films go on floors. The reunion of Mega…
Six Indian tourists have reportedly gone missing near Nepal's Shey Phoksundo Lake in the Dolpa…
The GVMC mayor position is one of the most prized assets in Andhra Pradesh's local…
The former chief minister of Andhra Pradesh, YS Jagan Mohan Reddy is currently in his…
Hyderabad is one of the culturally rich and Heritage cities in India, and it is…
It's Halloween time worldwide, and Indians are celebrating this eve too. Janhvi Kapoor also joined…