Andhra Pradesh has received investments and project groundings worth an estimated 25,000 INR-Crore at the first regional conference. The conference was held at IIM Visakhapatnam in association with the Confederation of Indian Industry (CII).
Andhra Pradesh investments include the signing of 31 Memorandum of Understanding (MoUs) worth 21,498 INR crore across multiple sectors. Additionally, 33 projects worth nearly 3,518.73 INR crore have been grounded or inaugurated during the event.
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Major Andhra Pradesh investments include key MoUs signed at the conference:
- Himadri Specialty Chemical Ltd – 5,000 INR-Crore
- Oriana Power Limited – 4,500 INR-Crore
- Granules India Limited – 4,000 INR-Crore
- ReNew Photovoltaics – 1,500 INR-Crore
The state aims to convert 80% of the signed MoUs into operational projects, which could accelerate project execution and strengthen the near-term construction pipeline across key sectors
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