AP’s SIPB approves ₹1.21 lakh cr investments across industries

The fourth meeting of Andhra Pradesh State Investment Promotion Board (SIPB) on Thursday, chaired by Chief Minister N Chandrababu Naidu in Amaravati, approved investments worth ₹1,21,659 crore from 10 companies in diverse industries including power and tourism.  The approved investments included Premier Energies in Naidupeta (₹1,742 crore), Dalmia Cement in Kadapa (₹2,883 crore), Lulu Global International…

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Chennai leads warehousing transaction volume growth, expands 29 per cent YoY: Knight Frank India

Chennai recorded a 29 per cent year-on-year (YoY) growth in warehousing transactions volumes in 2024, the highest among India’s top eight markets, according to a study by Knight Frank India, a renowned international property consultancy firm. The city saw 5.8 million sq ft (mn sq ft) of transactions, largely driven by the manufacturing sector. Chennai…

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