Country’s largest integrated lithium-ion battery gigafactory to come up in Andhra Pradesh

The Andhra Pradesh State Investment Promotion Board stated that the project aligns with the state government’s vision of building a fully integrated clean-energy ecosystem across power generation, equipment manufacturing, and energy storage. Under the state’s Integrated Clean Energy Policy, Andhra Pradesh has already attracted major investments in renewable power and solar manufacturing, and the gigafactory represents the next step in backward integration into advanced energy storage, the Board said.

Large-scale battery manufacturing is essential for supporting renewable energy expansion, electric mobility, and grid stability, while also enhancing India’s strategic manufacturing independence.

The Board has also approved 27 other projects with a combined investment of ₹29,021 crore. Naidu said that the Speed of Doing Business policy should be the guiding principle in all matters related to industrial projects. He emphasised that mega projects by reputed companies such as Google, ArcelorMittal, and BPCL are in the pipeline and instructed officials to ensure there are no hurdles from the government side.

A ministers’ committee will monitor the allotment of land to companies and cancel approvals if any company fails to start work. He noted that value addition in aquaculture would help revive exports to the United States and boost dairy, poultry, livestock, and meat exports. The government has mooted plans to set up large-scale EV charging stations in Visakhapatnam, Vijayawada, and Tirupati.

Seeking investments from NRIs, Naidu said the government is ready to offer special incentives to attract more semiconductor projects and suggested examining additional incentives for projects set up on privately owned land.

Naidu proposed tourism development across three regions – Visakhapatnam, Amaravati, and Tirupati. He proposed forming clusters such as Suryalanka, Polavaram, Pulicat, Gandikota, Srisailam, Madanapalle, and Horsley Hills, and preparing dedicated development plans. Establishing shopping malls, hotels, and similar facilities in these clusters would attract more tourists, he said.