Andhra Pradesh Chief Minister N Chandrababu Naidu on Monday said that Tata Group will continue to be an important stakeholder in the state’s growth story.
Andhra Pradesh Chief Minister N Chandrababu Naidu on Monday said that Tata Group will continue to be an important stakeholder in the state’s growth story. This will include setting up an IT Development Centre in Vizag and building up to 20 hotels, among other initiatives.
The Chief Minister made this announcement following a meeting with Tata Group Executive Chairman N Chandrasekaran, where they discussed key growth areas for the southern state.
“Tata Group continues to be an important stakeholder in the growth of Andhra Pradesh. During my meeting with N Chandrasekaran today, I also discussed some key areas of growth in AP (Andhra Pradesh), where the Government of Andhra Pradesh (GoAP) and Tata Group could collaborate,” said Naidu in a post on X.
According to the CM, the development centre in Vizag could generate up to 10,000 jobs, while the hospitality wing of the conglomerate, Indian Hotels Company Ltd (IHCL), is exploring the establishment of 20 hotels across its brands: Taj, Vivanta, Gateway, SeleQtions, and Ginger Hotels, along with a large convention centre.
In addition, Naidu said that Tata Power is evaluating solar and wind projects of up to 5 GW capacity, with a potential investment of Rs 40,000 crore.
“We also explored potential collaboration to innovate deep tech and AI solutions for primary healthcare,” he said, adding that these initiatives will play a crucial role in driving growth and development across Andhra Pradesh.