India, Nov. 21 -- Blue Cloud Softech Solutions Limited, a company working in AI, cybersecurity, cloud computing, digital infrastructure, enterprise solutions and 5G technologies, has entered into a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB), Government of Andhra Pradesh. Under the MoU, the company plans to invest approximately Rs 400 crores in the state's healthcare sector. The agreement was signed at APIIC Towers, Mangalagiri, Guntur District, in the presence of officials from both organisations.

Under the MoU, Blue Cloud aims to establish its "BluBio" initiative in either Amaravathi or Visakhapatnam. The proposed project will be developed on a 30-acre site and represents a significant c...