Political News

Massive: Lokesh Announces 90K Cr Investment From Davos!

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

Share
Published by
Tags: Ap RMZ

Recent Posts

Paradise Nizam GO Is Here, Team’s Big Hope On Early Premieres

The Telangana government has approved ticket hikes for Nani’s upcoming film The Paradise, along with…

7 hours ago

Rashmika’s Mysaa Teaser: Larger-Than-Life Spectacle!

https://youtu.be/SORZsU6Ytp4?si=ufa1MDmHYvi78Ynl At the peak of her career, while juggling multiple projects across different languages, Rashmika…

8 hours ago

Poor Manohar Becomes Punching Bag For JSP Cadre

The other day, Minister Nadendla Manohar announced that Janasena would take seats not for numbers…

9 hours ago

US Warns Its Citizens To Avoid Middle East Travel

Middle East region has been on the edge ever since the US - Iran conflict…

9 hours ago

Honda Activa In Affidavit, But Comes In 13 Cr Rolls Royce!

For a really long time, now, there have been several complaints about the mechanism associated…

10 hours ago

Jadal Has Extreme Madness, With A ‘Shock’ Value!

Natural Star Nani is stepping into a distinctly intense space with The Paradise, his collaboration…

10 hours ago