The Andhra Pradesh Cabinet, chaired by Chief Minister N. Chandrababu Naidu, approved the establishment of the AP Logistics Infrastructure Corporation (APLINC) and an AP Logistics Fund to develop infrastructure projects. Key decisions also included renaming ArcelorMittal Nippon Steel India to AMNS Ports Rajayyapeta for a new port, allotting land for rocket manufacturing and aircraft production, and approving facilities for electrical steel and wind mast manufacturing. Special incentives were sanctioned for expansion projects and renewable energy initiatives.