Key Takeaways
- Hinduja Group to invest ₹20,000 crore in Andhra Pradesh across energy and EV sectors
- Power plant expansion, renewable energy projects, and electric vehicle manufacturing planned
- Part of broader investment push during CM Naidu’s London meetings with multiple global firms
The Hinduja Group has committed to a massive ₹20,000 crore investment in Andhra Pradesh following Chief Minister N Chandrababu Naidu’s meeting with the conglomerate’s leadership in London. This landmark agreement signals a major boost for the state’s renewable energy and electric mobility sectors.
Energy Sector Expansion
The investment package includes significant upgrades to the group’s existing power infrastructure in Visakhapatnam. The 1,050 MW power plant will be expanded to 1,600 MW capacity, while new solar and wind energy projects are planned for the Rayalaseema region.
Electric Vehicle Ecosystem Development
In a major push for green transportation, Hinduja Group will establish an electric bus and light commercial vehicle manufacturing plant at Mallavalli in Krishna district. The agreement also includes creating a statewide network of electric charging stations in collaboration with the state government.
Chief Minister Naidu stated that this partnership underscores Andhra Pradesh’s emergence as a hub for renewable energy and sustainable industrial investments. “This collaboration will help Andhra Pradesh emerge as a green energy and electric mobility hub,” he said.
Fast-Track Implementation
The state government will set up a special fast-track window to facilitate the implementation of the group’s proposals, which are expected to generate substantial employment opportunities for local youth.
Additional Investment Discussions
During his London visit, Naidu also met with Rolls-Royce Group Chief Technology Officer Nikki Grady-Smith to explore aerospace and defence manufacturing prospects. Discussions included establishing a military airstrip and aircraft MRO facility at Orvakal in Kurnool district.
The chief minister additionally held talks with SRAM & MRAM Group Chairman Sailesh Hiranandani and Samco Holding Limited Chairman Sampath Kumar Mallaya, who expressed interest in setting up semiconductor, modern packaging, and battery energy storage units in the state.
Naidu assured all necessary support to investors exploring opportunities in emerging technology and green energy sectors, emphasizing Andhra Pradesh’s industry-friendly environment.
