The Andhra Pradesh (AP) Cabinet has approved three major policies: A.P. Drone Policy 4.0, A.P. Data Centre Policy 4.0, and A.P. Semiconductors and Display Fab Policy 4.0.
According to Kolusu Parthasarathy, Minister for Information and Public Relations, government of Andhra Pradesh, the Data Centre Policy 4.0 (2024-29) allows the establishment of 200-megawatt data centres in the state, with data centres being developed in Hyderabad, Chennai, and Mumbai.
Meanwhile, the A.P. Semiconductors and Display Fab Policy 4.0 (2024-29) includes a 30 per cent subsidy, incentives, land, and income tax benefits to attract international investments.
Furthermore, the drone policy aims to make Kurnool district a drone hub, generating 10 billion in investments and 15,000 direct and 25,000 indirect employment for the youth. The government plans to set up 20 drone pilot institutions and 50 new skill development centres across the state, hoping that global drone manufacturing companies will invest in the state.
