The state government and the Confederation of Indian Industry (CII) held a regional conference at JNTU Ananthapur on Friday, ahead of the 31st CII Partnership Summit in Visakhapatnam on November 12–13. It signed 23 MoUs worth ₹5,217.39 crore, which are expected to create 7,613 direct jobs.
Key deals
- Automotive: Hwashin Automotive (₹850 crore) and Seoyon E-Hwa (₹514.17 crore) in Sri Sathya Sai district; IWAMET (₹250 crore) in Kurnool.
- Aerospace, defence and drones: nine MoUs worth ₹1,609 crore, led by Azista Composites' ₹810 crore manufacturing complex in Kurnool.
- Steel: Hariom Pipe Industries, ₹700 crore for a steel plant in Anantapur.
- Textiles: two MoUs expected to create 1,400 local jobs.
Across four meets
The four regional meets so far, in Visakhapatnam, Kakinada, Amaravati and Anantapur, have signed 128 MoUs worth ₹73,829.74 crore, with 1,35,362 jobs projected. One more regional meet is due.
These are MoUs. Actual investment and jobs will show only when the projects are built.
