Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy said that the State Investment Promotion Board (SIPB) meeting approved a total investment of Rs 19,037 crore, which will provide 69,565 jobs in Andhra Pradesh.Jagan Mohan Reddy presided over the meeting, which took place at the CM's camp office.

The Chief Minister gave the officials instructions to monitor new developments and revolutionary shifts in the industrial sector in order to make the required adjustments to the state's industrial policy.

"With utmost transparency in the implementation of industrial policies, we stood first in the EoDB (Ease of Doing Business). We shall continue the journey by creating more favourable conditions for the investors so that more industries would be established in AP," he said.

Jagan Mohan Reddy said, "Despite speedy clearances and giving an assurance that we are just a phone call away in solving problems of investors and industrialists, there is a need to expedite the licensing and clearance procedures for ensuring fast industrial growth. The steps to translate the MoUs signed at the Visakhapatnam GIS into reality should be expedited."