5 months ago
2
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The Andhra Pradesh authorities and RMZ Corporation person announced a large strategical concern concern astatine the World Economic Forum (WEF) Annual Meeting 2026, aimed astatine processing large-scale mixed-use, digital, industrial, and logistics infrastructure successful the State.
The announcement was made successful the beingness of Andhra Pradesh Minister for IT and HRD, Nara Lokesh and RMZ Group president Manoj Menda.
The concern is aligned with the State government’s imaginativeness of positioning Visakhapatnam arsenic a next-generation integer and mixed-use infrastructure hub, portion promoting concern and logistics-led maturation successful the Rayalaseema portion to guarantee balanced determination improvement and employment generation.
As portion of the projected investment, RMZ Group plans to make a Global Capability Centre (GCC) Park astatine Kapuluppada Phase-1 IT Park successful Visakhapatnam, with a imaginable built-up country of up to 10 cardinal sft dispersed implicit astir 50 acres. The task is aimed astatine attracting planetary enterprises and strengthening Visakhapatnam’s emerging GCC ecosystem.
The RMZ Group has besides projected to acceptable up a hyperscale information centre clump successful the Visakhapatnam region, with a targeted capableness of up to 1 gigawatt to beryllium developed successful phases.
The task would request astir 500 acres to 700 acres of onshore and is designed to enactment next-generation integer and artificial quality workloads, with a beardown accent connected sustainability and greenish powerfulness integration.
In the Rayalaseema region, RMZ Group plans to found a ample Industrial and Logistics Park astatine Tekulodu, spanning astir 1,000 acres. The task is expected to anchor manufacturing, warehousing, and logistics enactment successful the portion and boost concern employment.
Collectively, the projected projects correspond an estimated concern of astir USD 10 cardinal implicit 5 to six years, with the imaginable to make employment for astir 1 lakh radical crossed IT, information centres, manufacturing, and logistics sectors.
The Andhra Pradesh authorities reiterated its committedness to ensuring velocity of doing concern done single-point facilitation, timely onshore allotment, and time-bound approvals, noting that predictable policies and execution certainty proceed to fortify capitalist assurance successful the State.
