Andhra To Attract Rs 9.8 Trillion Investments At CII Summit
A total of 410 Memorandums of Understanding (MoUs) are expected to be signed at the summit, which Lokesh described as a three-way partnership between people, government, and corporates, symbolising Andhra Pradesh’s model of inclusive and decentralised growth.
Framing the event as a “curtain raiser” for Andhra Pradesh’s mission to create two million jobs, Lokesh said the summit would align growth with opportunity and prosperity. “Every investment is about empowering youth. Companies that choose speed, choose Andhra Pradesh,” he said while unveiling the summit’s tagline.
Speaking to reporters, Lokesh added, “This summit is a partnership between our people, our government, and visionary corporates. Every MoU represents a commitment to the aspirations of our youth. Choosing Andhra Pradesh means choosing speed, trust, and opportunity, built on Telugu pride and aimed at global leadership.”
Lokesh also announced that foundation stones will be laid for Rs 2.7 trillion (Rs 2.7 lakh crore) worth of projects expected to create 250,000 jobs, reinforcing the state’s goal of balanced regional development.
The summit will feature 27 technical sessions, three standalone sessions, and 11 state-specific discussions, along with a plenary session. Over 300 overseas delegates from 45 countries, including G20 members, and 72 international speakers will participate.
Senior Union Ministers, including Nirmala Sitharaman, Piyush Goyal, Ram Naidu, Ashwini Vaishnaw, Annapurna Devi, and Dr Jitendra Singh, are expected to attend.
“The summit is designed as a collaborative platform where industry, government, and the people co-create jobs, infrastructure, and innovation capacity. Each project is anchored in tangible youth outcomes—skills, employment, and entrepreneurship—aligning investor confidence with public aspiration,” Lokesh added.
He further highlighted Andhra Pradesh’s growing leadership in renewable energy, semiconductors, electronics, steel, ports, agri-tech, drones, AI, and quantum technologies, stressing that the state’s decentralised growth model ensures every district benefits from industrial expansion.
Hinduja Group To Invest Rs 200 Billion In Andhra Pradesh
In a major announcement ahead of the summit, the Hinduja Group has pledged an investment of Rs 200 billion (Rs 20,000 crore or USD 2.3 billion) in Andhra Pradesh following a meeting between Chairman Ashok Hinduja and Chief Minister N. Chandrababu Naidu in London.
The investment will span energy, renewable power, electric mobility, and infrastructure, positioning Andhra Pradesh as a hub for industrial and green transformation.
At the core of the plan is the expansion of the existing 1,040 MW Visakhapatnam power plant by an additional 1,600 MW (2 × 800 MW), ensuring a stable power supply to the region’s rapidly industrialising corridor.
The Group will also invest in solar and wind projects across the Rayalaseema region, strengthening the state’s clean energy capacity.
Additionally, Hinduja will expand its electric bus and light commercial vehicle plant at Mallavalli near Vijayawada to meet rising domestic demand for sustainable mobility. Complementing this, it will establish a network of EV charging stations across the state, making Andhra Pradesh a leader in clean transport infrastructure.
“These projects will catalyse growth in employment, energy security, and industrial innovation,” a company statement said, reaffirming the Group’s long-term commitment to Andhra Pradesh’s development.