Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on 01 August, 2023 laid the foundation stone for the 'Inorbit Mall' project to be built by K Raheja Group in Visakhapatnam.

The Inorbit Mall, which will come up in an area of 13 acres out of an allotted 17 acres, will require an investment of Rs 600 crore. It will create direct and indirect employment for 8,000 people. Further, the Raheja Group will develop IT space and an international convention centre in the rest of the four acres in the second phase, which will generate work opportunities for 3,000 persons.

The Group has set up Inorbit Malls in Vijayawada, Guntur and Rajahmundry, and is planning similar malls in Nellore, Kakinada and Tirupati. 

Further, the Raheja Group has also evinced interest to build super-luxurious hospitality facilities in the city.

The CM informed that Raheja Group has been allotted 350 acres at Hindupur in Anantapur district for setting up a textile and electronic hardware hub. This will support job creation for 15,000 people.