Andhra To Attract Rs 9.8 Trillion Investments At CII Summit
ECONOMY & POLICY

Andhra To Attract Rs 9.8 Trillion Investments At CII Summit

The Andhra Pradesh government expects to attract Rs 9.8 trillion (Rs 9.8 lakh crore) in investment commitments and generate 750,000 jobs during the CII Partnership Summit 2025, to be held in Visakhapatnam on 14–15 November, said State IT Minister Nara Lokesh on Monday.

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.

The Andhra Pradesh government expects to attract Rs 9.8 trillion (Rs 9.8 lakh crore) in investment commitments and generate 750,000 jobs during the CII Partnership Summit 2025, to be held in Visakhapatnam on 14–15 November, said State IT Minister Nara Lokesh on Monday. 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.

Next Story
Infrastructure Urban

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's  fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building  (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous  Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in  Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant  advancement in the company's commitment to engineered performance, manu..

Next Story
Infrastructure Urban

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Next Story
Infrastructure Urban

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App