RMZ–Andhra Pradesh pact at Davos signals up to $10bn bet on digital, data centre and industrial infrastructure

At the World Economic Forum’s annual meeting in Davos, RMZ and the Government of Andhra Pradesh announced a strategic investment partnership that could channel up to $10 billion into the State over the next five to six years, spanning mixed-use developments, digital infrastructure, data centres, and industrial and logistics parks.

Unveiled at World Economic Forum Davos 2026, the collaboration underscores Andhra Pradesh’s push to position itself as a next-generation destination for GCCs, hyperscale digital infrastructure and manufacturing-led growth—while offering long-term investors a platform-led, institutionally governed development pipeline.

Visakhapatnam as a digital and GCC hub

A central pillar of the partnership is Visakhapatnam, which the State wants to elevate into a mixed-use and digital infrastructure hub. RMZ plans to develop a Global Capability Centre campus at Kapuluppada Phase-1 IT Park, with a potential built-up area of up to 10 million sq. ft. across roughly 50 ...