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A.P. Cabinet clears ₹34,000 cr. proposals approved by Investment Promotion Board
The Andhra Pradesh Cabinet has approved investment proposals worth ₹34,000 crore, focusing on over 80 agenda items aimed at enhancing investment across various sectors including information technology, tourism, renewable energy, and capital city development. This decision highlights the state's commitment to boosting economic growth and attracting significant investments, which is crucial for job creation and infrastructure development. The approval by the Investment Promotion Board signifies a strategic move to position Andhra Pradesh as a competitive investment destination.
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