The 31st CII Partnership Summit's regional conference, held on Friday at SRM University in Amaravati, saw the finalization of 60 Memorandums of Understanding for investments totaling Rs 42,947.74 crore. These projects are expected to create 56,653 jobs across Andhra Pradesh.
The conference focused on the capital region, encompassing NTR, Krishna, Guntur, Palnadu, Bapatla, Prakasam, and Markapuram districts. Forty-one of the agreements, valued at Rs 27,044.74 crore, are for projects within these seven districts, promising 36,904 jobs.
The remaining 19 agreements are for projects in nine other districts, extending from Srikakulam to Tirupati. SS Rawat, the special chief secretary for Youth Services, encouraged investors to explore the emerging opportunities in the Amaravati region.
Rawat noted that this nine-district area contributes approximately 35 percent to the State’s gross domestic product. He also mentioned that development plans for 2030, 2035, and 2047 have been prepared, emphasizing sustainable and inclusive growth.
