Big news from Visakhapatnam: The CII Partnership Summit just locked in a massive ₹5,84,355 crore in investments, with 73 MoUs and 15 G.O.s issued on day one.
This move is expected to create over one lakh new jobs, great news for anyone eyeing opportunities in Andhra Pradesh.
Reliance Industries leads ₹2.73L/cr investment
Reliance Industries led the pack with a huge ₹2.73 lakh crore investment, mainly in East Godavari. Greenko Energies and CleanMax Enviro Energy Solutions also made major contributions, focusing on renewable energy.
Kia India is boosting car production at its Penukonda plant, while sectors like EVs and chemicals are all seeing fresh funds roll in.