Blue Cloud, Andhra Pradesh Govt sign ₹400 cr MoU; to create 2,000 jobs

AI and cybersecurity firm Blue Cloud Softech Solutions has signed a memorandum of understanding (MoU) with the Andhra Pradesh government to invest approximately ₹400 crores in the state’s healthcare sector. The MoU is set to remain in effect for a period of 12 months from the date of signing. 

Under the MoU, Blue Cloud will launch its flagship initiative, “BluBio,” in the prominent cities of Amaravathi or Vishakhapatnam, developed across a 30-acre site. The investment is designed to drive innovation across key industries— healthcare, defense, finance, and cybersecurity. The establishment of BluBio is expected to serve as a model for scalable AI integration, positioning Andhra Pradesh as a hub for technology-led growth.

By 2027, Blue Cloud aims to create 1,200 direct employment opportunities through BluBio, providing jobs in areas such as research, development, operations, and administration. In addition to these direct jobs, the project is expected to  create approximately 20,000 indirect positions. These indirect roles will emerge in secondary and tertiary sectors, including supply chain management, logistics, service providers, and various ancillary units that support the main operations. 

The Andhra Pradesh Economic Development Board (APEDB) will play a pivotal role in ensuring Blue Cloud’s entry and establishment within the Andhra Pradesh market. APEDB’s responsibilities include acting as a liaison between Blue Cloud and various government agencies, facilitating introductions, and smoothing the path for necessary approvals and clearances at both the state and central levels. Specifically, APEDB will assist Blue Cloud in engaging with the Union Government of India, helping to coordinate communications and discussions that are essential for large-scale investments and technology deployments.