₹1.51 lakh crore investments to transform Puttaparthi: MLA
Puttaparthi MLA Palle Sindhura Reddy announced ₹1.51 lakh crore in new investments for the constituency, including a major fighter aircraft manufacturing project and a large-scale solar power plant. These initiatives are expected to drive regional economic growth and create significant employment opportunities for local youth.
Why it matters
Large-scale industrial and energy projects are critical for regional economic development and India's self-reliance in defense and renewable energy sectors.
Puttaparthi MLA Palle Sindhura Reddy on Friday said investments worth about ₹1.51 lakh crore were being implemented in the Puttaparthi Assembly constituency, with major projects expected to generate employment and spur regional growth.
Addressing a pattadar passbook distribution programme at Goonipalli village in Bukkapatnam mandal, Ms. Sindhura Reddy said the coalition government had accelerated development and welfare initiatives during its two years in office, compared with the previous YSRCP government’s five-year tenure.
She said work had commenced on a fifth-generation fighter aircraft manufacturing project, estimated to cost ₹1 lakh crore, on 650 acres in Puttaparthi under the Union Ministry of Defence.
The MLA said a 6,000 MW solar power project, proposed at Amadagur in collaboration with Reliance Industries, would involve an investment of about ₹51,300 crore and span 30,000 acres.
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