AP lines up ₹12.13 lakh crore investments for CII summit

AP lines up ₹12.13 lakh crore investments for CII summit

Andhra Pradesh will host the 31st CII Partnership Summit 2026 at the AU Engineering Grounds here on November 12 and 13. A total of 141 Memoranda of Understanding (MoUs) and 30 Government Orders (G.O.s), involving investments worth ₹12,13,853.23 crore, are lined up for exchange. The proposed investments are expected to generate 2,46,373 jobs.

Organised by the State government in partnership with the Confederation of Indian Industry (CII), the summit will be held under the theme “Navigating the New World Order: Trade, Technology, Trust and Thought Leadership.”

Union Ministers Piyush Goyal, Kinjarapu Ram Mohan Naidu, Sarbananda Sonowal, Nitin Gadkari and Chirag Paswan are among those expected to participate, as is Chief Minister N. Chandrababu Naidu. Vice-President C.P. Radhakrishnan will be the chief guest at the valedictory session, which Governor S. Abdul Nazeer and Union Minister Pralhad Joshi will also attend.

Ministers from the United Arab Emirates, the Slovak Republic, Singapore, Canada, Nepal, Mauritius, Guatemala, Cambodia, Myanmar and Tanzania are expected to participate. World Intellectual Property Organization Director General Daren Tang is also scheduled to attend.

The programme will feature discussions on ports, shipbuilding, energy, aviation, defence, artificial intelligence, space technology, quantum technology, tourism and infrastructure. A special session with the Chief Minister will focus on the P4 initiative and the goal of zero poverty. The agreements lined up for exchange include a dedicated MoU with Kia and two MoUs under the P4 initiative.

The parallel AP Women & Growth Summit will be held at Novotel, Visakhapatnam, on November 12 and 13. Smriti Irani, Founder and Chairperson of the Alliance for Global Good, is scheduled to participate.

The summit follows five regional conferences held across the State, which resulted in 194 MoUs worth ₹86,522.07 crore, with the potential to generate 1,47,951 jobs.

Since June 2024, Andhra Pradesh has attracted investment proposals for 714 projects worth ₹22.6 lakh crore, with the potential to create 19.3 lakh jobs. Of these, 303 projects worth ₹7.1 lakh crore have been grounded or are being grounded, according to figures available at the end of October 2026.

The previous summit, held in Visakhapatnam in 2025, attracted more than 3,000 delegates from 62 countries and recorded investment commitments worth over ₹13 lakh crore.

Share this Post
0
0

Leave a Reply

Your email address will not be published. Required fields are marked *