Saturday, May 9, 2026
31.1 C
New Delhi

Davos 2026: Andhra Pradesh Partners With RMZ Group For Large-Scale Infrastructure Push

Show Quick Read

Key points generated by AI, verified by newsroom

The Government of Andhra Pradesh and RMZ Group on Wednesday announced a strategic investment partnership at the World Economic Forum (WEF) Annual Meeting 2026 in Davos to develop large-scale mixed-use, digital and industrial infrastructure across the State.

The announcement was made in the presence of the Minister for Information Technology & Electronics, Government of Andhra Pradesh, and the Chairman of RMZ Group.

Focus On Visakhapatnam As digital Infrastructure Hub

The partnership aligns with Andhra Pradesh’s vision to position Visakhapatnam as a next-generation mixed-use and digital infrastructure hub, while also driving industrial and logistics-led development in the Rayalaseema region to ensure balanced regional growth and employment generation.

Davos 2026: Andhra Pradesh Partners With RMZ Group For Large-Scale Infrastructure Push

As part of the plan, RMZ Group has proposed the development of a Global Capability Centre (GCC) Park at Kapuluppada Phase-1 IT Park in Visakhapatnam. The project is expected to have a potential built-up area of up to 10 million square feet across approximately 50 acres, aimed at attracting global enterprises and strengthening the city’s GCC ecosystem.

Hyperscale Data Centre Cluster Planned

RMZ Group also plans to set up a hyperscale data centre cluster in the Visakhapatnam region, with a targeted capacity of up to 1 gigawatt to be developed in phases. The project would require around 500 to 700 acres of land and is intended to support next-generation digital and AI workloads, with an emphasis on sustainability and green power integration.

Industrial And Logistics Park In Rayalaseema

In the Rayalaseema region, the Group has proposed an Industrial and Logistics Park at Tekulodu spread over approximately 1,000 acres. The project is aimed at anchoring industrial manufacturing, warehousing and logistics activity in the region.

Investment, Jobs And Ease Of Doing Business

Together, the proposed projects represent an investment of around USD 10 billion over a period of five to six years and have the potential to generate employment for nearly one lakh people across the IT, data centre, industrial and logistics sectors.

Davos 2026: Andhra Pradesh Partners With RMZ Group For Large-Scale Infrastructure Push

The Andhra Pradesh government reiterated its focus on improving the speed of doing business through single-point facilitation, land allotment and time-bound clearances, noting that predictable policy and execution certainty continue to strengthen investor confidence in the State.

Go to Source

Hot this week

Exclusive | ‘Not just Olympics, celebrate other medals as well’: Prannoy, Chirag want change in attitude in India

India recently won a bronze medal at the Thomas Cup but the lack of appreciation from Indian fans has left badminton stars a little disappointed. Read More

Jannik Sinner and Aryna Sabalenka told to hit the brakes over Grand Slam boycott threat: ‘Important to remember what they are doing’

Jannik Sinner and Aryna Sabalenka’s support for a potential boycott of Grand Slam events ignited a heated debate, though former players have criticised their stance, adding fuel to the already fiery dispute. Read More

Suvendu Adhikari takes oath as CM after BJP’s historic win in West Bengal

Adhikari was unanimously elected leader of the BJP legislature party, Union Home Minister Amit Shah announced on Friday after a meeting of newly elected BJP MLAs and senior leaders Go to Source Read More

Parliament without Orban: Hungary’s new era begins under Peter Magyar

Hungary is preparing for a major political transition as incoming PM Peter Magyar gets ready to form a new government on Saturday after his Tisza party’s landslide election victory ended 16 years of rule by Viktor Orban. Read More

Everyday Habits That Can Help Strengthen Your Relationship And Intimacy

From quality sleep to emotional connection, medical expert shares simple daily habits that can help couples build stronger intimacy and healthier relationships. Read More

Topics

Exclusive | ‘Not just Olympics, celebrate other medals as well’: Prannoy, Chirag want change in attitude in India

India recently won a bronze medal at the Thomas Cup but the lack of appreciation from Indian fans has left badminton stars a little disappointed. Read More

Jannik Sinner and Aryna Sabalenka told to hit the brakes over Grand Slam boycott threat: ‘Important to remember what they are doing’

Jannik Sinner and Aryna Sabalenka’s support for a potential boycott of Grand Slam events ignited a heated debate, though former players have criticised their stance, adding fuel to the already fiery dispute. Read More

Suvendu Adhikari takes oath as CM after BJP’s historic win in West Bengal

Adhikari was unanimously elected leader of the BJP legislature party, Union Home Minister Amit Shah announced on Friday after a meeting of newly elected BJP MLAs and senior leaders Go to Source Read More

Parliament without Orban: Hungary’s new era begins under Peter Magyar

Hungary is preparing for a major political transition as incoming PM Peter Magyar gets ready to form a new government on Saturday after his Tisza party’s landslide election victory ended 16 years of rule by Viktor Orban. Read More

Everyday Habits That Can Help Strengthen Your Relationship And Intimacy

From quality sleep to emotional connection, medical expert shares simple daily habits that can help couples build stronger intimacy and healthier relationships. Read More

Cool Homes For Hot Days: How Breathable Fabrics Can Instantly Transform Your Space

From airy linens to moisture-wicking upholstery, experts reveal how the right fabrics can make homes feel lighter, cooler, and more breathable during summer. Read More

What Is The Treatment Of Hantavirus?

According to the WHO, there is currently no specific antiviral cure or licensed vaccine for hantavirus infection. Read More

Suvendu Adhikari takes oath as West Bengal’s first BJP chief minister

NEW DELHI: Suvendu Adhikari on Saturday took oath as the first BJP chief minister of West Bengal, marking a historic breakthrough for the saffron party in the state. Read More

Related Articles