Investors see AP as Sunrise State' ment flow picks up in state
The government has cleared 37 projects for Chittoor district with investment of Rs 8,689 crore.
Hyderabad: The flow of investments has picked up in Andhra Pradesh, being marked as the Sunrise State by the state government. The government has given all permissions to 105 industries to set up units in the state with investments totalling Rs 16,252 crore.
Clearances for another 60 industries with total investment of about Rs 13,000 crore are being processed.
More than a third of the 105 industries cleared by the state government are headed for AP Chief Minister N. Chandrababu Naidu's home district. The government has cleared 37 projects for Chittoor district with investment of Rs 8,689 crore.
Srikakulam and Anantapur, the most backward districts in the state, stood second and third in attracting investments. The North Andhra district attracted investments worth Rs 1,187 crore and the Rayalaseema district Rs 1,057 crore.