Under the MoU, RMZ plans to deploy capital across multiple platforms, including IT, data centres, industrial, and logistics assets. The proposed investments will be spread across key regions, with execution planned in phases aligned to market demand and infrastructure readiness.
The MoU was signed on the sidelines of the World Economic Forum Annual Meeting 2026 in Davos, Switzerland.
In Visakhapatnam, RMZ plans to develop a Global Capability Centre (GCC) at Kapuluppada Phase-1 IT Park, with a potential built-up area of up to 10 million sq ft across around 50 acres. The company also plans a hyperscale data centre cluster in the Visakhapatnam region with a targeted capacity of up to 1 gigawatt, to be developed in phases on approximately 500–700 acres.
In the Rayalaseema region, RMZ plans to develop an industrial and logistics park at Tekulodu over about 1,000 acres, focused on manufacturing, warehousing, and logistics infrastructure.
“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,” said Nara Lokesh, Hon’ble Minister for ITE&C Department and Human Resources Development. “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.”
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 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.”
The proposed investments are expected to generate employment across IT, data centres, industrial, and logistics sectors. The Andhra Pradesh government reiterated its focus on single-point facilitation, time-bound clearances, and policy predictability to support large investment projects.