NEW DELHI: RMZ has reached an agreement with the government of Andhra Pradesh for an investment of around USD 10 billion into mixed-use, digital, and industrial infrastructure across the state over the next five to six years.
The collaboration was revealed at the World Economic Forum Annual Meeting 2026 in Davos.
As part of this partnership, RMZ will establish a Global Capability Center at the Kapuluppada Phase-1 IT Park in Visakhapatnam, with a potential built-up area of up to 10 million sq ft over roughly 50 acres.
Furthermore, a hyperscale data center cluster is planned for the Visakhapatnam area, aiming for a capacity of up to 1 gigawatt, to be developed in phases, and requiring between 500–700 acres of land.
In the Rayalaseema region, RMZ plans to develop an Industrial and Logistics Park in Tekulodu, spanning approximately 1,000 acres, to promote industrial manufacturing, warehousing, and logistics in the area.
