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Andhra Pradesh Secures Rs 25,000 Crore in Investments at Vizag Summit
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News18•08-10-2026, 12:00
Andhra Pradesh Secures Rs 25,000 Crore in Investments at Vizag Summit
- •The Andhra Pradesh government secured nearly Rs 25,000 crore in investments during its first regional conference held at IIM-Visakhapatnam.
- •The agreements across 31 high-growth sectors are expected to create approximately 57,000 new jobs in the state.
- •Major commitments include pledges from Himadri Speciality Chemical Ltd, Oriana Power Limited, Granules India Limited, and ReNew Photovoltaics.
- •Thirty-three active projects worth Rs 3,519 crore were concurrently grounded or inaugurated to unlock immediate employment opportunities.
- •The conference serves as a strategic launchpad for the upcoming 31st CII Partnership Summit scheduled for November.
Key Questions Answered
The Andhra Pradesh government secured nearly Rs 25,000-crore in investments through 31 agreements across high-growth sectors during the regional conference at IIM-Visakhapatnam.
Major industrial commitments were pledged by Himadri Speciality Chemical Ltd at Rs 5,000 crore, Oriana Power Limited at Rs 4,500 crore, Granules India Limited at Rs 4,000 crore, and ReNew Photovoltaics at Rs 1,500 crore.
The Swarna Andhra Vision 2047 targets building a USD 2.4 trillion economy, attracting USD 500 billion in investments, and creating 50 lakh jobs backed by 26 specialised industrial frameworks.
