AP govt gets Rs 42,948-cr investments at CII’s Amaravati regional meet

Amaravati: The Amaravati Regional Conference of 31st CII Partnership Summit 2026 on Friday attracted 60 Memoranda of Understanding (MoUs) worth Rs 42,947.74 crore, with the potential to generate 56,653 jobs, strengthening Andhra Pradesh’s efforts to attract investments.

Organised by the Andhra Pradesh government in partnership with the Confederation of Indian Industry (CII) at SRM University-AP here, the conference covered the capital region districts of NTR, Krishna, Guntur, Palnadu, Bapatla, Prakasam and Markapuram.

Of the total agreements, 41 MoUs worth Rs 27,044.74 crore, expected to create 36,904 jobs, related to projects in these districts. The remaining 19 MoUs cover nine other districts. With the latest conference, the three regional meetings held so far in Visakhapatnam, Kakinada and Amaravati secured 106 MoUs worth Rs 68,702.35 crore, with an employment potential of 1,27,859 jobs. Amaravati alone accounts for more than 60 per cent of the total investment commitments.

Among the major proposals, Singapore-based Greta Group committed Rs 10,500 crore for projects in Prakasam district involving industrial manufacturing, minerals, green chemicals and recycling. Guntur district attracted three MoUs worth Rs 6,200 crore, expected to generate 12,000 jobs, including proposals for an industrial park and a gold and jewellery industrial park. In the capital area, 19 MoUs worth Rs 7,610 crore were inked. They are expected to create 13,331 jobs. The projects span real estate, aerospace, hospitality, digital infrastructure and energy. Tourism and hospitality accounted for 11 MoUs worth Rs 2,518.34 crore, with an employment potential of 6,726 jobs. The conference also showcased 20 micro, small and medium enterprises (MSMEs) from several districts, highlighting products ranging from aerospace components and pharmaceuticals to traditional crafts. Officials presented the Amaravati Economic Region Plan, covering nine districts and outlining development strategies for 2030, 2035 and 2047.

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Shyam Sundar Matham

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