Thu Jun 19 13:54:51 UTC 2025: Okay, here’s a news article summarizing the provided text:

**Andhra Pradesh Attracts Billions in Investment, Focuses on Local Jobs and Entrepreneurship**

**VIJAYAWADA, Andhra Pradesh – June 19, 2025** – The Andhra Pradesh State Investment Promotion Board (SIPB), under the chairmanship of Chief Minister N. Chandrababu Naidu, approved 19 new investment proposals worth approximately ₹28,546 crore (roughly $3.7 billion USD) on Thursday. These projects are expected to generate over 30,000 jobs across various sectors and districts of the state.

Chief Minister Naidu emphasized the importance of prioritizing employment for local residents in these new ventures. He also highlighted the government’s focus on skill development programs designed to equip Andhra Pradesh’s youth with the necessary skills to succeed in the evolving job market.

“We are committed to ensuring that these investments translate into tangible benefits for our citizens, particularly in terms of job creation and economic empowerment,” said Chief Minister Naidu during the SIPB meeting. He also offered additional incentives to industries setting up in backward areas, encouraging development.

These latest approvals bring the total investment cleared by the SIPB in its seven meetings to a staggering ₹5,34,684 crore (approximately $69 billion USD).

Key investments approved include:

* **Adani Hydro Energy Four Ltd. & Adani Hydro Energy One Ltd.:** ₹10,900 crore for various districts.
* **Adani Renewable Energy Fifty One Ltd.:** ₹8,010 crore in Kadapa.
* **Reliance Consumer Products Ltd.:** ₹1,622 crore in Orvakal.
* **Cognizant Technology Solutions India Pvt. Ltd.:** ₹1,583 crore in Visakhapatnam (in three phases).
* **Raymond:** ₹1,201 crore for various locations.

Naidu also underscored the government’s commitment to equitable development, ensuring investments are spread across the State. MSME parks are being established in every Assembly constituency to support aspiring entrepreneurs under the “One Family – One Entrepreneur” initiative.
The Chief Minister instructed officials to upload details of the industries to an online portal and do cluster-wise mapping of these industries.

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