- Andhra Pradesh released six policies to foster economic growth.
- Andhra Pradesh Chief Minister released six transformative policies to boost industrial and economic growth.
- The new policies aim to mobilize ₹30 lakh core investments across the manufacturing sector. It will generate employment of more than five lakh over the next five years.
- One industrial park would be set up in each of the 175 Assembly constituencies.
- The A.P. Food Processing Policy 4.0 is set to attract ₹30,000 crore investments and create three lakh jobs.
- The A.P. Electronics Policy 4.0 targets to mobilize ₹84,000 crore investments and create five-lakh jobs.
- The A.P. Integrated Clean Energy Policy 4.0 sets an ambitious agenda for transitioning to renewable energy.
The six policies
- A.P. Industrial Development Policy 4.0 (IDP 4.0)
- A.P. MSME & Entrepreneur Development Policy 4.0 (MEDP 4.0)
- A.P. Food Processing Policy 4.0 (FPP 4.0)
- A.P. Electronics Policy 4.0 (EP 4.0)
- A.P. Private Parks Policy 4.0 (PPP 4.0)
- A.P. Integrated Clean Energy Policy 4.0 (ICE 4.0).