Tata Group to Drive Economic Growth in Andhra Pradesh

Andhra Pradesh Chief Minister N Chandrababu Naidu announced Tata Group's continued involvement in the state's development, with plans for a new IT Development Centre in Vizag and up to 20 hotels. Tata Power is evaluating renewable energy projects. These initiatives are part of a broader strategy to drive economic growth in the region.

Andhra Pradesh Chief Minister N Chandrababu Naidu has revealed that Tata Group will play a significant role in the state's economic development. Key initiatives include establishing an IT Development Centre in Vizag and the construction of up to 20 hotels.

The announcement came after discussions with Tata's Executive Chairman N Chandrasekaran about important growth areas. The projects are expected to generate thousands of jobs and include the potential for substantial renewable energy investments via Tata Power.

A new task force, chaired by Naidu, aims to unite industry leaders to foster economic growth, prioritize infrastructure, and attract new investments by 2047. This comprehensive plan seeks to enhance Andhra Pradesh's economic stature and long-term prosperity.

(With inputs from agencies.)