AP investment board likely to take final call on projects today

Several big industrial groups are planning to invest in Andhra Pradesh. Pepper Motion GmbH, a German-based company that specializes in retrofitting vehicles as electric vehicles, is looking to set up a plant in Chittoor district with an investment of 4,600 crore. Mayfair Hotels and Resorts Limited also plans to invest 400 crore in a beach resort and convention center in Visakhapatnam. JSW Industrial Park Limited is seeking incentives to set up an industrial park in Vizianagaram district with an investment of 531.36 crore. The State Investment Promotion Board will make the final decision on these proposals.