Hinduja Group Commits Rs 20,000 Crore Investment in Andhra Pradesh's Energy and EV Sectors

Chandrababu Naidu recently held a significant meeting with Ashok Hinduja, Chairman of Hinduja Group India, in London to discuss major investment opportunities in Andhra Pradesh.

Amaravati: In a substantial economic development, the Hinduja Group has committed to investing Rs 20,000 crore in Andhra Pradesh through multiple phases, following productive discussions with Chief Minister N Chandrababu Naidu in London, as confirmed by the state government on Monday.

The high-profile meeting involved key figures including Ashok Hinduja, Chairman of Hinduja Group India; Prakash Hinduja, Chairman of Hinduja Group Europe; and Shom Hinduja, Founder of Hinduja Renewables. Their discussions centered on strategic investment prospects in the energy and transport sectors across the state.

"An agreement of Rs 20,000 crore investment in phases was signed between the Andhra Pradesh government and the Hinduja Group to expand its investments in the state in a phased manner," stated an official government release detailing the partnership.

The comprehensive agreement includes ambitious plans for the Hinduja Group to enhance the capacity of the Visakhapatnam power plant by 1,600 MW. Additionally, the conglomerate will develop substantial solar and wind energy projects throughout the Rayalaseema region, boosting the state's renewable energy portfolio.

Chief Minister Naidu announced this development on social media, highlighting the MoU signed between the Government of Andhra Pradesh and the Hinduja Group, which represents a cumulative investment of ₹20,000 crore aimed at accelerating industrial growth and clean energy development across the state.

Further expanding their investment footprint, the Hinduja Group will establish a manufacturing facility for electric buses and light commercial vehicles at Mallavalli in Krishna district. This initiative aims to strengthen Andhra Pradesh's emerging electric vehicle ecosystem and support sustainable transportation solutions.

The agreement also encompasses the development of a comprehensive statewide network of electric charging stations. This infrastructure project, to be implemented in collaboration with the state government, will significantly advance green transport initiatives throughout Andhra Pradesh.

Chief Minister Naidu emphasized that this strategic partnership with the Hinduja Group reinforces Andhra Pradesh's growing prominence as a hub for renewable energy development and sustainable industrial investments, positioning the state at the forefront of India's green economy transition.