Vizag: CII Partnership Summit to kick off on Nov 14; Andhra eyes ₹9.8L Cr investment commitments
The government is expecting to generate 7.5 lakh jobs
By - Sri Lakshmi Muttevi
Representational Image
Vijayawada: The forthcoming CII Partnership Summit is set to unlock ₹9.8 lakh crore investment commitments for Andhra Pradesh.
Andhra Pradesh government said 410 Memorandums of Understanding (MoUs) are expected to be signed during the two-day Summit starting November 14 in Visakhapatnam.
The government is expecting to generate 7.5 lakh jobs after the investments fructify in the state.
This Summit will embody a 3-way partnership between the people, the government, and corporates, aligning growth with opportunity and shared prosperity.
Framing the Summit as a catalyst for inclusive growth, IT and Industries Minister Nara Lokesh positioned the event as a curtain raiser to Andhra Pradesh’s mission of creating 20 lakh jobs and decentralising development across every region of the state.
He emphasized that every investment is ultimately about empowering youth. He unveiled the tagline “Companies that choose speed, choose Andhra Pradesh.”
Speaking on the occasion, Nara Lokesh, Minister for IT, Industries and Commerce said, “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.”
Highlights of the Summit :
- 410 MoUs expected; ₹9.8 lakh crore investment commitments; 7.5 lakh proposed jobs.
- Foundation stones to be laid for ₹2.7 lakh crore worth of projects generating 2.5 lakh jobs, reinforcing decentralized development.
- 48 sessions: 1 plenary, 27 technical sessions, 3 standalone sessions, and 11 state-specific sessions.
- Participation: 300 overseas delegates from 45 countries, including G20 members; 72 international speakers.
- Dignitaries expected: Union Finance Minister Nirmala Sitharaman, Union Commerce Minister Piyush Goyal, Union Aviation Minister Ram Naidu, Union Railways/I&B/Electronics Minister Ashwini Vaishnaw, Union WCD Minister Annapurna Devi, and Minister of State (Independent Charge) Dr. Jitendra Singh.
Three-way partnership: people, government, corporates :
The Summit is designed as a collaborative platform where industry, government, and the people of Andhra Pradesh co-create jobs, infrastructure, and innovation capacity. Each MOU and project is anchored in tangible youth outcomes—skills, employment, and entrepreneurship—aligning investor confidence with public aspiration.
Sixteen months of investment momentum :
The IT Minister Nara Lokesh highlighted the key achievements of the last 16 months of the government -
- ArcelorMittal: India’s largest greenfield steel plant, ₹1.5 lakh crore; fast-track approvals within 14 months.
- Google: ₹15 billion (approx.) investment to build a data and AI hub in Visakhapatnam—one of the largest FDI announcements in India.
- BPCL: Refinery investment of ₹1 lakh crore.
- NTPC: Green hydrogen hub worth ₹1.65 lakh crore.
- Five of India’s top ten solar manufacturers have chosen Andhra Pradesh for scaling.
Why do companies choose AP?
During the media address, Minister Lokesh also reasoned why companies are choosing Andhra Pradesh and listed the following:
- Speed: Fastest transition from proposal to project implementation, with single-window efficiency and time-bound clearances.
- Leadership: Governance under CM Chandrababu Naidu’s stewardship with a proven track record of delivering world-class infrastructure.
- Center alignment: Constructive partnership with the Union Government enabling reform, connectivity, and competitiveness.
- Best Talent: A young, skilled, and highly trainable workforce attracts IT and services leaders like TCS and Cognizant.
World-class Infrastructure: Global-grade logistics, power reliability, and connectivity underpin choices like Google’s Vizag AI data hub.
Scenic beauty: The state targets 50,000 hotel keys by 2029, leveraging scenic beauty and tourism potential
Govt policies & speed of doing business
Sectors and statewide development :
- The state is building leadership in renewable energy, semiconductors, electronics, steel, ports, agri-tech, drones, AI, and quantum technologies.
- The government’s decentralized model ensures every district participates in and benefits from industrial growth and job creation.
