Nellore: Andhra Pradesh Chief Minister N Chandrababu Naidu on Friday announced that tech giant Google will invest ₹88,000 crore over the next three years in data centres and Artificial Intelligence projects in Visakhapatnam (Vizag).
Calling it the "single largest investment" since India's financial reforms, the Chief Minister described the move as a "gamechanger."
"We have finalised Google data centres and AI projects. After the introduction of financial reforms, a single investment of nearly $10 billion (Rs 88,000 crore) will be made in Vizag over the coming three years," Naidu said while addressing a meeting on the sidelines of inaugurating private projects.
The investment will be made by Google subsidiary Raiden Infotech India Ltd, which plans to develop three campuses across Tarluvada, Adavivaram, and Rambilli in Vizag.
Elaborating on major infrastructural developments near Nellore, the CM said two more ports - Ramayyapatnam and Dugarajapatnam - will complement the existing Krishnapatnam Port.
He added that forthcoming airports at Dagadarthi and Chennai, along with Tirupati airport, will enhance connectivity, while bullet train projects linking Hyderabad-Chennai and Chennai-Amaravati will improve regional transport.
Naidu also noted that Bharat Petroleum Corporation Ltd (BPCL) will set up a refinery at Ramayyapatnam.
The Chief Minister expressed optimism about the future, saying India will emerge as the top economy by 2047, Andhra Pradesh as the leading state, and the Telugu community as the number one community in the country. PTI
Calling it the "single largest investment" since India's financial reforms, the Chief Minister described the move as a "gamechanger."
"We have finalised Google data centres and AI projects. After the introduction of financial reforms, a single investment of nearly $10 billion (Rs 88,000 crore) will be made in Vizag over the coming three years," Naidu said while addressing a meeting on the sidelines of inaugurating private projects.
The investment will be made by Google subsidiary Raiden Infotech India Ltd, which plans to develop three campuses across Tarluvada, Adavivaram, and Rambilli in Vizag.
Elaborating on major infrastructural developments near Nellore, the CM said two more ports - Ramayyapatnam and Dugarajapatnam - will complement the existing Krishnapatnam Port.
He added that forthcoming airports at Dagadarthi and Chennai, along with Tirupati airport, will enhance connectivity, while bullet train projects linking Hyderabad-Chennai and Chennai-Amaravati will improve regional transport.
Naidu also noted that Bharat Petroleum Corporation Ltd (BPCL) will set up a refinery at Ramayyapatnam.
The Chief Minister expressed optimism about the future, saying India will emerge as the top economy by 2047, Andhra Pradesh as the leading state, and the Telugu community as the number one community in the country. PTI
You may also like
J&K accidents: Kathua teen dies in hit-and-run; 10 injured in Kishtwar landslide
BREAKING: Diane Keaton dead: Godfather and First Wives Club actress dies at the age of 79
Strictly fans 'work out real reason' Cynthia Erivo isn't allowed to score dances
Man with 'world's longest name' can't pronounce it and takes 20 minutes just to read it out loud
Prince Harry's new security move 'bodes ill' for duke's key hope - expert
