AP: SIPB clears major IT, quantum tech projects worth Rs 526.25 crore

Vijayawada, Sep 18 (UNI) The State Investment Promotion Board (SIPB), which met at Amaravati near here, chaired by Chief Minister N Chandrababu Naidu, today cleared 10 major IT and futuristic technology projects. The approved projects entail a total investment of Rs 526.25 crores and are projected to create 8,896 high-quality jobs across the state. This landmark decision marks a significant step in establishing Andhra Pradesh as a premier global hub for Information Technology, Artificial Intelligence (AI), and Quantum Computing, with strategic developments centred in Visakhapatnam, Amaravati, and Kadapa. Visakhapatnam gained major momentum with top-tier global firms receiving green signals to…