Hyderabad,Telangana Nov 21:-Blue Cloud Softech Solutions Limited (BSE: 539607), a fast-growing innovator in AI, cybersecurity, cloud computing, digital infrastructure, enterprise solutions, and 5G technologies, has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) to invest ₹400 crores in the state’s healthcare technology sector. The MoU was formalized at APIIC Towers, Mangalagiri, Guntur District, in the presence of senior officials from both organizations.
Under this MoU, Blue Cloud will launch its flagship project “BluBio” in either Amaravati or Visakhapatnam. Spanning a 30-acre development site, BluBio represents a major commitment to advancing healthcare innovation and digital infrastructure in Andhra Pradesh.
By 2027, the company aims to generate 1,200 direct jobs across research, development, operations, and administration. The initiative is also projected to create nearly 20,000 indirect employment opportunities across supply chain, logistics, services, and ancillary sectors significantly boosting the regional economy.
The investment will accelerate innovation across healthcare, defense, finance, and cybersecurity, with Blue Cloud integrating advanced AI-led technologies to enhance efficiency, productivity, and security. BluBio is expected to emerge as a scalable model for AI-driven transformation, further positioning Andhra Pradesh as a high-tech growth hub.
APEDB will serve as a strategic facilitator coordinating introductions, enabling clearances, and supporting Blue Cloud’s engagement with state and central government bodies, including the Union Government. Land allocation, incentives, and related benefits will be handled by specialized departments of the Government of Andhra Pradesh, ensuring transparency and adherence to regulatory norms.
The MoU outlines a collaborative framework focused on accelerating industrial development, advancing large-scale infrastructure, and fostering technology-led progress in the state. It remains in effect for 12 months from the signing date and is non-binding, enabling both parties to explore opportunities and streamline project execution while maintaining flexibility.
This partnership reinforces Andhra Pradesh’s vision of becoming a leading destination for high-impact, innovation-driven investments. It underscores Blue Cloud’s commitment to contributing to sustainable, inclusive economic growth while uplifting regional technological capabilities.
Reflecting on this milestone, Mr. Tejesh Kodali, Group Chairman, Blue Cloud Softech Solutions Limited, commented:
“The signing of this MoU marks a transformative moment for Blue Cloud and the state of Andhra Pradesh. By combining our technological leadership with the state’s forward-looking vision, we aim to deliver innovative solutions that drive meaningful, inclusive growth.”