The Andhra Pradesh cabinet on Thursday approved several key proposals spanning financial markets, quantum technologies, IT infrastructure, manufacturing, and higher education.
Boost for MSMEs
In a significant investment push for micro, small, and medium enterprises (MSMEs), the cabinet approved the launch of the Andhra Pradesh SME Exchange (APSMEX). This initiative aims to improve access to equity and alternative financing for MSMEs. A state-level task force will be constituted to design the exchange, coordinate with regulators and stakeholders, and submit an implementation proposal for setting up APSMEX.
Quantum Technology Advancements
For emerging technologies, the cabinet cleared the establishment of a dedicated quantum research and development facility by the Naval Science and Technological Laboratory (NSTL) at Amaravati Quantum Valley under the AP Quantum Computing Policy 2025-30. The facility will focus on naval applications, including quantum computational fluid dynamics and hybrid classical-quantum workflows. A total of 5,000 square feet of plug-and-play space has been allotted for this purpose.
Major IT and Manufacturing Investments
The cabinet also approved the allocation of 854.97 acres in Visakhapatnam district to Reliance Industries Ltd for setting up a giga-watt scale AI data center integrated with a cable landing station. This project involves an investment of Rs 1.08 lakh crore. The land will be allotted at a 25% concession, along with incentives recommended by the State Investment Promotion Board (SIPB).
On the manufacturing front, the cabinet approved incentives for Royal Enfield (Eicher Motors Ltd) to establish a greenfield motorcycle manufacturing unit in Tirupati district. This project entails an investment of Rs 2,508 crore and has an employment potential of 3,000 jobs. Additionally, the cabinet cleared the Phase-IV expansion of Apollo Tyres’ existing facility in Chittoor district, which involves an investment of Rs 6,100 crore.
Other Industrial Approvals
Among other industrial approvals, the cabinet cleared a greenfield enzyme manufacturing unit by International Food and Fragrance India Pvt Ltd at IFFCO Kisan SEZ in Nellore, with an investment of Rs 3,153 crore. Furthermore, a 3GW solar cell and module manufacturing unit by Gridon Energy Pvt Ltd at Orvakal Mega Industrial Hub in Kurnool was approved, involving an investment of Rs 3,149.5 crore.
Education Sector Reforms
In the education sector, the cabinet approved one-time weightage for contract faculty in the upcoming APPSC assistant professor recruitment. Additionally, direct recruitment to 1,523 teaching posts in state public universities was cleared.
