Andhra govt, BPCL explore possibility of setting up Rs 70,000 cr petrochemical complex

Andhra Pradesh Chief Minister N Chandrababu Naidu met with Bharat Petroleum Corporation Ltd officials to discuss establishing an oil refinery and petrochemical complex, potentially attracting investments of Rs 70,000 crore. Naidu emphasized the state's strategic location and directed officials to prepare a feasibility report within 90 days. Additionally, Naidu engaged with VinFast's CEO to invite the Vietnamese automobile conglomerate to set up an EV and battery manufacturing plant in the state. Both initiatives reflect Naidu's commitment to fostering industrial growth and investment in Andhra Pradesh.