Amaravati Chamber

economy

Andhra Pradesh Government Announces Rs 6,700 Crore Sankranti Gift for Bill Clearance

Andhra Pradesh Government Announces Rs 6,700 Crore Sankranti Gift for Bill Clearance

In a significant move ahead of the Sankranti festival, the Andhra Pradesh government has announced a Rs 6,700 crore package aimed at clearing pending bills. This initiative is expected to provide much-needed relief to various sectors, including farmers who contributed their lands for the Amaravati capital city and Gannavaram

Andhra Pradesh Unveils Six 'Game Changer' Policies to Attract Rs 30 Lakh Crore Investments

Andhra Pradesh Unveils Six 'Game Changer' Policies to Attract Rs 30 Lakh Crore Investments

Andhra Pradesh Chief Minister N Chandrababu Naidu has unveiled six 'game changer' policies aimed at attracting Rs 30 lakh crore in investments over the next five years. These policies span sectors such as industries, MSMEs, and food processing, with the goal of creating 20 lakh jobs. The state

Maturi Ranganath Elected Chairman of BAI Amaravati Chapter, Focuses on Real Estate Sector Growth

Maturi Ranganath Elected Chairman of BAI Amaravati Chapter, Focuses on Real Estate Sector Growth

Maturi Ranganath, Managing Director of Amma Constructions-Gudivada, has been unanimously elected as the Chairman of the Builders Association of India (BAI), Amaravati Capital Chapter. In his new role, Ranganath emphasized the importance of government support in addressing key issues faced by the real estate sector, particularly in the context of

Amaravati Development Set to Transform Andhra Pradesh into a Film Hub

Amaravati Development Set to Transform Andhra Pradesh into a Film Hub

The Andhra Pradesh government has announced ambitious plans to make Amaravati a hub for film production once the city's development is complete. Chief Minister Chandrababu Naidu stated that all films will be made in Andhra Pradesh, leveraging the state-of-the-art infrastructure being developed in Amaravati.

HUDCO to Lend Rs 11,000 Crore for Amaravati’s Greenfield Development

HUDCO to Lend Rs 11,000 Crore for Amaravati’s Greenfield Development

Housing and Urban Development Corporation Ltd (HUDCO), a prominent public sector enterprise, has agreed to lend Rs 11,000 crore for the construction of Amaravati, the greenfield capital city of Andhra Pradesh. The state government made the announcement on Monday, detailing a meeting between Municipal Minister P Narayana and HUDCO’

World Bank and ADB to Provide ₹13,600 Crore for Amaravati's Infrastructure Development

World Bank and ADB to Provide ₹13,600 Crore for Amaravati's Infrastructure Development

The World Bank and Asian Development Bank (ADB) are set to provide ₹13,600 crore to support the development of Amaravati. This funding will aid in infrastructure development, including roads and utilities, and enhance governance capabilities. The project is a key component of the state’s vision to create a

Andhra Pradesh to Establish Ratan Tata Innovation Hub in Amaravati

Andhra Pradesh to Establish Ratan Tata Innovation Hub in Amaravati

Andhra Pradesh Chief Minister N. Chandrababu Naidu has announced the establishment of the 'Ratan Tata Innovation Hub' in Amaravati. The hub aims to foster innovation, create entrepreneurship ecosystems, and mentor startups, positioning Amaravati as a hub for technological advancement and economic growth. The initiative is part of the