The proposed collaboration aims to advance mixed-use, digital, industrial, and logistics infrastructure development projects across key regions of Andhra Pradesh to be executed over 5-6 years
Davos, Switzerland, 20 January 2026: RMZ, one of Asia’s leading privately owned alternative asset owners and operators, and the Government of Andhra Pradesh today announced a strategic investment partnership at the World Economic Forum Annual Meeting 2026 in Davos, aimed at facilitating long-term global investment of approximately USD 10 billion into mixed-use, digital and industrial infrastructure across the State.
The partnership reflects RMZ’s long-horizon, platform-led approach to nation-building through the creation of mission-critical real assets and institutionally governed development ecosystems. It aligns with Andhra Pradesh’s vision to position Visakhapatnam as a next-generation mixed-use and digital infrastructure hub, while driving industrial and logistics-led development in the Rayalaseema region to support balanced regional growth and employment generation.
As part of the collaboration RMZ will develop a GCC at Kapuluppada Phase-1 IT Park in Visakhapatnam, with a potential built-up area of up to 10 million square feet over approximately 50 acres, aimed at attracting global enterprises and strengthening the city’s GCC ecosystem.
RMZ will also plan a hyperscale data centre cluster in the Visakhapatnam region with a targeted capacity of up to 1 gigawatt, developed in phases, requiring approximately 500–700 acres of land. The proposed data centre platform will support next-generation digital and AI workloads, with a strong emphasis on sustainability and green power integration.
In the Rayalaseema region, RMZ would develop an Industrial and Logistics Park at Tekulodu over approximately 1,000 acres, anchoring industrial manufacturing, warehousing and logistics activity in the region.
“Andhra Pradesh has consistently been at the forefront of technological advancement and the expansion of Global Capability Centres (GCCs) in India. This partnership builds on that momentum by strengthening the State’s digital and enterprise infrastructure ecosystem,” Mr. Nara Lokesh, Minister for ITE&C Dept., and Human Resources Development, said, “By partnering with a credible and trustworthy organisation such as RMZ, we are reinforcing our ability to attract global enterprises, scale high-quality employment and sustain long-term technology-led growth across key regions of the State.”
Commenting on the partnership, Mr. Manoj Menda, Chairman – Supervisory Board, RMZ, said, “Andhra Pradesh is emerging as one of India’s most compelling destinations for next-generation digital and industrial infrastructure. The State’s clarity of vision, speed of decision-making, and commitment to balanced regional development give long-term investors the confidence to deploy capital at scale. Through this partnership, RMZ aims to create globally benchmarked IT, data centre, and industrial ecosystems in Visakhapatnam and Rayalaseema that can attract global enterprises, generate meaningful employment, and support Andhra Pradesh’s ambition to become a major hub for technology-led growth.”
“RMZ enjoys a long standing presence in the state and the partnership is a reaffirmation of the trust that the Andhra Pradesh government has in the organisation,” said, Mr. Deepak Chhabria, President, RMZ Infrastructure, “Through this RMZ is bringing its experience in building and operating mission-critical real asset platforms to support the State’s vision for digital infrastructure, industrial growth and employment generation. Our approach is focused on creating scalable, sustainable ecosystems that can attract global capital while delivering long-term economic value for the region.”
Together, the proposed developments represent a potential investment of approximately USD 10 billion over five to six years, with the capacity to generate employment for around one lakh people across IT, data centres, industrial and logistics sectors.
Andhra Pradesh reaffirmed its focus on speed of doing business through single-point facilitation and time-bound clearances, with predictable policy frameworks and execution certainty continuing to strengthen investor confidence in the State.
