Andhra Pradesh to sign 410 MoUs for Rs 9.8 lakh crore investments during two-day CII Partnership Summit

The mega event, billed as a curtain raiser to the state’s ambitious job creation and decentralised development mission, is expected to generate 7.5 lakh jobs.

Published Nov 04, 2025 | 2:02 PMUpdated Nov 04, 2025 | 2:02 PM

CII Partnership Summit

Synopsis: Andhra Pradesh is preparing to sign 410 Memoranda of Understanding worth a staggering ₹9.8 lakh crore at the CII Partnership Summit in Visakhapatnam. The Summit will host 300 overseas delegates from 45 countries, including G20 members, and feature 72 international speakers.

Andhra Pradesh is preparing to sign 410 Memoranda of Understanding (MoUs) worth a staggering ₹9.8 lakh crore at the Confederation of Indian Industry (CII) Partnership Summit scheduled for 14 and 15 November in Visakhapatnam.

The mega event, billed as a curtain raiser to the state’s ambitious job creation and decentralised development mission, is expected to generate 7.5 lakh jobs and lay the foundation for projects worth ₹2.7 lakh crore, creating 2.5 lakh additional employment opportunities.

Addressing the media on Monday, 3 November, Information Technology (IT) Minister Nara Lokesh unveiled the summit’s tagline: “Companies that choose speed, choose Andhra Pradesh.” He described the event as a three-way partnership between people, government, and industry — a collaborative blueprint for inclusive growth, youth empowerment, and global competitiveness.

“This Summit is a partnership among our people, our government, and forward-looking corporates. Every MoU is a commitment to the dreams of our youth. Choose AP means choosing speed, trust, and opportunity grounded in Telugu pride and built for global leadership,” said Lokesh.

Also Read: Andhra Pradesh plans six new districts in major administrative overhaul

To have over 300 overseas delegates

The Summit will host 300 overseas delegates from 45 countries, including G20 members, and feature 72 international speakers. Union Ministers who will attend the event include Nirmala Sitharaman (Finance), Piyush Goyal (Commerce), Ashwini Vaishnaw (Railways, I&B, Electronics & IT), Ram Mohan Naidu (Aviation), Annapurna Devi (WCD) and Dr Jitendra Singh (Minister of State, Independent Charge).

There will be 48 sessions: one plenary, 27 technical, three standalone, and 11 state-specific sessions. There will be focus on renewable energy, semiconductors, AI, drones, steel, ports, and agri-tech

Lokesh elaborated on the investments committed already. They include ArcelorMittal: ₹1.5 lakh crore greenfield steel plant (fast-tracked in 14 months); Google: ₹15 billion AI and data hub in Visakhapatnam; BPCL: ₹1 lakh crore refinery; and NTPC: ₹1.65 lakh crore green hydrogen hub.

He said that the companies chose Andhra Pradesh because they wanted, among others:

  • Speed – Fastest project clearances via single-window system
  • Leadership – Proven governance and world-class infrastructure
  • Centre-State Alignment – Seamless policy support and connectivity
  • Best Talent – Young, skilled, and trainable workforce
  • World-Class Infrastructure – Reliable power, logistics, and digital backbone
  • Tourism Potential – Targeting 50,000 hotel keys by 2029.

(Edited by Muhammed Fazil.)

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