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.
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.
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.
-
Charlotte Tilbury 'blurring' foundation ideal for mature skin is under £40
-
Are calcium and vitamin D alone enough? AIIMS explains the real reason behind bone weakening after menopause..
-
Pune Pedals off the Grand Cycling Tour
-
Magic noodles to Potli noodles: Hyderabad's Chinese Thali goes viral
-
Abhishek Sharma’s India outclass NZ by 48 runs in first T20I
