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Andhra Pradesh disbursed ₹1,500 crore in industrial incentives on Oct. 19, 2025, to boost MSMEs and attract investors.
Andhra Pradesh released ₹1,500 crore in pending industrial incentives on October 19, 2025, during Deepavali, to support MSMEs and boost investor confidence.
Chief Minister N. Chandrababu Naidu announced the move amid efforts to position the state as a top investment destination, highlighting upcoming initiatives like the CII summit in Visakhapatnam focused on AI, semiconductors, and public-private partnerships.
The state also plans to develop an AI hub, advance infrastructure, and promote skill development, with Google’s planned AI data center in Visakhapatnam signaling growing tech sector interest.
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Andhra Pradesh desembolsó ₹ 1,500 crores en incentivos industriales el 19 de octubre de 2025, para impulsar a las MSMEs y atraer inversores.