AMARAVATI — Andhra Pradesh Chief Minister N. Chandrababu Naidu on Tuesday directed state officials to formulate a strategic action plan to utilize the state's iron ore reserves for economic expansion. The initiative aims to attract investments worth ₹1.90 lakh crore and create employment for approximately 1.52 lakh people in the mining and steel sectors.

During a review meeting on May 5, Naidu identified the state’s mineral assets as a critical driver for revenue growth and large-scale job creation. The Chief Minister instructed departments to ensure that the state's natural resources are fully leveraged to maximize industrial output.

The directive emphasizes the development of the mining value chain to support the growing steel industry. Officials are expected to identify specific bottlenecks in the current infrastructure and propose regulatory updates to facilitate the projected investment influx.

The state government will now begin drafting the detailed roadmap, with officials expected to present the finalized action plan for implementation in the coming weeks.