RMZ Plans $10 Billion Investment in Andhra Pradesh Over 5-6 Years
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…