Archive · 4 Nov 2025
Andhra Pradesh Eyes Rs. 9.8 Lakh Crore Investments via 410 MoUs at CII Summit
Imagine Andhra Pradesh is throwing a big party for businesses from all over the world!
This party, called the CII Partnership Summit, is happening in November.
The state's minister, Nara Lokesh, said they expect to sign many agreements, like promises, with these companies.
These promises are worth a lot of money, about 9.8 lakh crores!
The goal is to build new factories and projects that will create many jobs for people in Andhra Pradesh.
They also hope to bring important global leaders and speakers to share ideas.
The state believes that if companies choose Andhra Pradesh, they are choosing to move fast and find success.
This event is a big step towards bringing new industries and opportunities to the state.
Andhra Pradesh anticipates signing 410 MoUs worth Rs. 9.8 lakh crore at the upcoming CII Partnership Summit.
The summit, scheduled for November 14-15 in Visakhapatnam, aims to generate 7.5 lakh jobs.
IT and HRD Minister Nara Lokesh described the summit as a three-way partnership between people, government, and corporations.
The event will host 300 global industrial leaders from 45 countries and features numerous international speakers and sessions.
Andhra Pradesh claims to have attracted Rs. 10 lakh crore in investments over the past 16 months, citing rapid business facilitation and strong governance.
- Who
- Andhra Pradesh government, led by IT and HRD Minister Nara Lokesh, and corporate leaders.
- What
- Announcement of an expected 410 MoUs worth Rs. 9.8 lakh crore to be signed at the CII Partnership Summit, aiming to create 7.5 lakh jobs.
- When
- The CII Partnership Summit is scheduled for November 14-15.
- Where
- Visakhapatnam, Andhra Pradesh.
- Why
- To foster inclusive growth, align corporate investment with state development goals, and create employment opportunities for the youth.
- Event Name
- CII Partnership Summit
- Dates
- November 14-15
- Location
- Visakhapatnam
- Expected MoUs
- 410
- Projected Investment
- Rs. 9.8 lakh crore
- Potential Job Creation
- 7.5 lakh jobs
- Global Participants
- 300 industrial leaders from 45 countries