Andhra CM Naidu Pushes State as Strategic Material Hub, Targets Rs 50,000 Cr Investment

• CM N Chandrababu Naidu directed officials to develop Andhra Pradesh into an integrated strategic material hub.
• Emphasized effective utilization of valuable minerals like beach sand and providing value addition.
• Proposed AP-TSMM aims to attract Rs 50,000 crore investments and create 40,000 jobs over 10 years.
• Officials proposed three major processing parks: Titanium Park in Srikakulam, Rare Earth Corridor in Anakapalli, and Integrated Titanium and Rare Earth Corridor in Machilipatnam.
• CM instructed officials to study policies on rare minerals and value addition opportunities from central and other state governments.