From Our Correspondent
Vijayawada: Andhra Pradesh is set to make a major push toward large-scale industrialization and job creation at the CII Partnership Summit 2025, scheduled on November 14–15 in Visakhapatnam. The state government today announced that 410 Memorandums of Understanding (MoUs) worth ₹9.8 lakh crore will be signed during the two-day event, potentially generating 7.5 lakh jobs across sectors.
Calling it a defining moment in Andhra Pradesh’s growth journey, IT and Industries Minister Nara Lokesh said the summit represents a three-way partnership between the people, the government, and industry. “Every MoU is not just an investment document; it’s a promise to our youth. When companies choose Andhra Pradesh, they choose speed, trust, and opportunity,” Lokesh said. He unveiled the summit’s tagline — “Companies that choose speed, choose Andhra Pradesh.”
The upcoming edition, jointly organized by the Confederation of Indian Industry (CII), the Government of Andhra Pradesh, and the Department for Promotion of Industry and Internal Trade (DPIIT), is expected to draw 300 overseas delegates from 45 countries, including G20 members, and feature 72 international speakers.
Major Highlights
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410 MoUs to be signed, attracting ₹9.8 lakh crore in investments and 7.5 lakh proposed jobs.
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Foundation stones to be laid for projects worth ₹2.7 lakh crore, creating 2.5 lakh jobs.
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48 sessions, including 1 plenary, 27 technical sessions, 3 standalone sessions, and 11 state-specific sessions.
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Top Union Ministers attending include Nirmala Sitharaman, Piyush Goyal, Ashwini Vaishnaw, Ram Naidu, Annapurna Devi, and Dr. Jitendra Singh.
Building on 16 Months of Momentum
Lokesh highlighted the investment traction achieved under Chief Minister N. Chandrababu Naidu’s leadership over the last 16 months:
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ArcelorMittal: ₹1.5 lakh crore greenfield steel plant — India’s largest, fast-tracked in 14 months.
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Google: ₹15 billion investment for a Data & AI Hub in Visakhapatnam — among the largest FDI projects in India.
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BPCL: ₹1 lakh crore refinery expansion.
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NTPC: ₹1.65 lakh crore green hydrogen hub.
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Five of India’s top ten solar manufacturers have chosen Andhra Pradesh for capacity expansion.
Why Companies Choose Andhra Pradesh
According to Lokesh, Andhra Pradesh stands out for its speed, leadership, and ecosystem:
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Speed: Fastest transition from proposal to project, with single-window and time-bound clearances.
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Leadership: CM Naidu’s proven track record in infrastructure and governance.
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Alignment with Centre: Strong coordination with the Union Government for reforms and connectivity.
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Talent Advantage: Skilled, trainable youth powering IT and services growth.
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World-class Infrastructure: Reliable power, ports, and logistics driving global investments.
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Tourism & Lifestyle: The state targets 50,000 hotel keys by 2029, leveraging its scenic beauty.
Sectors Driving Growth
The summit will spotlight opportunities in renewable energy, semiconductors, electronics, ports, steel, AI, drones, agri-tech, and quantum technologies. Lokesh reiterated that Andhra Pradesh’s decentralized development model ensures industrial growth and job creation reach every district.
“The CII Partnership Summit 2025 will be the launchpad for Andhra Pradesh’s next leap — an era of innovation-driven, inclusive, and globally competitive growth,” Lokesh said.