Entertainment City in Amaravati to create jobs, attract FDI: CM Naidu

Amaravati: Andhra Pradesh Chief Minister N. Chandrababu Naidu said on Sunday that India’s first Transmedia Entertainment City to be launched here will create 25,000 jobs and attract Foreign Direct Investment (FDI).

 

The Chief Minister posted on ‘X’ that the state government has entered into a Memorandum of Understanding (MoU) with Creative Land Asia (CLA).

“Delighted to announce that GoAP has entered into a historic MoU with Creativeland Asia to launch Creatorland, India’s first Transmedia Entertainment City, in the people’s capital Amaravati,” read his post.

“With an aim to create 25,000 jobs, the project is set to attract FDI, bring large-scale development, and empower local talent to Create in AP & Create for the World,” he added.

The Chief Minister stated that this world-class creative township will be a hub for film, gaming, music, virtual production, immersive storytelling and AI-driven content.

“With cutting-edge infrastructure, global partnerships, and a Creatorland Academy to skill our youth, AP is set to become a global destination for the creative and digital industries,” the Chief Minister said.

The state government signed the MoU with CreativeLand Asia (CLA) to conceptualise and operationalise ‘Creatorland’, India’s first Transmedia Entertainment City.

The MoU was signed during the WAVES summit held in Mumbai from May 1 to 4, 2025.

The Creatorland is proposed to have immersive theme parks, gaming zones and global cinema co-production zones. It is also expected to help drive job creation, skill development, tourism and digital innovation.

Creatorland is expected to attract investments between Rs 8,000 – 10,000 crore over the next 5-6 years that will go towards the creation of a Virtual Studio Complex powered by AI-based real-time rendering and volumetric capture technologies, immersive theme parks, gaming zones, e-sports arenas, and global cinema co-production zones, CreatorLand Academy for skilling youth in VFX, AI, gaming, and immersive storytelling.

The MoU was signed in the presence of Andhra Pradesh Minister for Tourism and Culture Kandula Durgesh, CEO of State Tourism Amrapali Kata and founder of CreativeLand Studios Entertainment and Chairman of Creators Inc, London Sajan Raj Kurup.

IANS

 

Centre eases compliance norms for food businesses through FSSAI rule changes

New Delhi: In a move aimed at improving the ease of doing business and reducing regulatory burdens on the food sector, the Ministry of Health and Family Welfare on Friday...

Goldman Sachs raises India’s GDP growth to 6.8 pc after US-Iran peace pact

New Delhi: Goldman Sachs has raised India's GDP growth forecast to 6.8 per cent for calendar year 2026 from 6.5 per cent earlier, following the US-Iran peace deal that has...

Hormuz vessel traffic rebounds to 57 pc of pre-war levels: Report

New Delhi: A new daily record of 78 vessel transits after the US-Iran war has been recorded through the Strait of Hormuz, representing a recovery to about 57 per cent...

India holds first-ever mango promotion events in Iceland to boost exports

New Delhi: India has stepped up efforts to expand exports of its premium mangoes by organising its first-ever mango promotion events in Iceland, showcasing leading varieties and highlighting opportunities to...

Adani Airports to develop integrated airport cities spanning over 655 acres in 5 states

Mumbai: Adani Airports on Thursday unveiled an ambitious programme to develop integrated airport cities across its airport network in five states with an investment of more than Rs 20,000 crore...

Gold, silver witness volatile trade amid Fed rate concerns

Mumbai: Gold and silver showed volatility on Thursday, swinging between gains and losses amid expectations of further US Federal Reserve rate hikes and easing geopolitical tensions. On the Multi Commodity...

IBM unveils world’s first sub-1 nanometre chip technology

New Delhi: US-based technology giant IBM on Thursday unveiled what it described as the world's first sub-1 nanometre (nm) chip technology, a major breakthrough for the semiconductor industry as it...

Amazon CEO meets PM Modi, announces $48 billion investment in India through 2030

New Delhi: US e-commerce giant Amazon on Thursday announced to invest a total of $48 billion to expand and support its businesses in India from 2026-2030, as its CEO Andy...

96 pc of Indian policymakers advancing sovereign AI strategy: Report

New Delhi: India is emerging as a distinctive sovereign AI market, where regulation, innovation and national digital public infrastructure are closely linked, and 96 per cent of policymakers are advancing...

Oracle cuts 21,000 jobs in a year, cites AI-driven workforce reductions

New Delhi: Oracle Corp. -- a global technology company that reduced its workforce by around 21,000 employees over the past 12 months -- has acknowledged that the adoption of artificial...

India, US to hold trade talks this week to finalise interim pact: Piyush Goyal

New Delhi: India and the United States will hold ministerial-level trade talks this week as both countries seek to finalise the framework for the first phase of the proposed bilateral...

Hyundai Motor, Kia post solid growth in India in 5 months on strong SUV sales

Seoul: Hyundai Motor and Kia posted robust sales growth in India during the first five months of the year, driven by strong demand for their sport utility vehicle (SUV) lineups,...

Read Previous

Dhanush surprises the audience at A. R. Rahman’s Mumbai concert

Read Next

Inaugural ‘WAVES Bazaar’ to see deals worth Rs 1,000 crore: Govt

WP2Social Auto Publish Powered By : XYZScripts.com