At the World Economic Forum Annual Meeting 2026 in Davos, RMZ Group and the Government of Andhra Pradesh announced a landmark strategic partnership committing up to $10 billion over five to six years for integrated development spanning mixed-use townships, digital infrastructure, hyperscale data centers, and industrial/logistics parks.
The platform-led collaboration positions Visakhapatnam as a premier GCC and digital hub while driving balanced regional growth through Rayalaseema industrialization, targeting 1 lakh direct jobs across IT services, AI compute operations, manufacturing, and supply chain ecosystems. Andhra Pradesh Minister Nara Lokesh emphasized the state’s single-window facilitation and policy predictability as key enablers for long-horizon investments.
Visakhapatnam Emerges as Next-Generation Digital Powerhouse
RMZ will develop a 10 million sq ft Global Capability Centre (GCC) campus at Kapuluppada Phase-1 IT Park across 50 acres, designed to attract multinational enterprises expanding beyond traditional IT services into AI/ML engineering, cybersecurity operations, and digital engineering hubs.
Complementing this, a 1GW hyperscale data center cluster—phased across 500-700 acres—prioritizes AI-ready workloads with green power integration, sustainability certifications, and Tier III+ reliability targeting global hyperscalers constrained by Tier-1 capacity shortages. Manoj Menda, RMZ Supervisory Board Chairman, highlighted Andhra Pradesh’s execution velocity and regional balance vision as decisive factors for platform-scale capital deployment.
Rayalaseema Anchors Industrial and Logistics Transformation
In Rayalaseema, RMZ commits to a 1,000-acre industrial and logistics park at Tekulodu, establishing plug-and-play manufacturing campuses with cold chain facilities, automated warehousing, and multimodal connectivity optimized for supply chain localization and export-oriented units.
The development responds to PLI scheme momentum across electronics, pharmaceuticals, and food processing, where Andhra Pradesh’s port proximity and incentivized land create competitive advantages versus inland hubs. Deepak Chhabria, RMZ Infrastructure President, noted the ecosystem’s dual mandate: attracting global OEMs while generating sustainable local employment.
Strategic Platform Approach Redefines State-Led Development
Unlike siloed project announcements, RMZ’s institutionally governed platform model integrates GCC campuses → hyperscale compute → industrial parks into symbiotic ecosystems where data center waste heat supports greenhouse cultivation, logistics optimizes GCC supply chains, and industrial output feeds enterprise clients.
The partnership leverages RMZ’s $20B+ AUM and Andhra Pradesh’s Sunrise AP policies—₹20,000 crore incentives, 100% land subsidies, plug-and-play utilities—positioning the state as Tier-1 alternative amid Mumbai/Bangalore land/power constraints. Projected 1 lakh jobs span high-skill GCC roles (₹15-40L CTC) to industrial manufacturing (₹3-8L CTC).
Policy Execution Differentiates Andhra Pradesh’s Investment Climate
Chief Minister Chandrababu Naidu’s Davos presence catalyzed the MoU, building on ₹1.5 lakh crore investments secured 2024-25 across semiconductors (Tata-PSMC $11B), green hydrogen (₹1.5L cr), and renewable energy (50GW target). Andhra Pradesh’s single-point facilitation—24-hour clearances, pre-approved layouts, ESZ exemptions—delivers execution certainty versus multi-agency delays plaguing peer states. RMZ’s existing AP footprint (office parks, residential) validates operational maturity, establishing replicable template for $100B+ infrastructure decade.
